Buy an Engineering With Niche Product Range Business

Description:

This engineering business provides class leading solutions to a worldwide, blue chip customer base, and specialising in niche Materials Handling solutions.

They produce their own products for customers requiring a solution to a health and safety problem. 80% of sales are produced from their own in house standardised designs, so the business is very scaleable. However they continually win praise for innovative solutions, e.g. a design, developed and built from the ground up won an award from the Aerospace sector and provided a solution beyond the compass of any competitor.

Engineering excellence is at the heart of what they do hence they remain a preferred supplier for businesses in the Pharmaceutical, Food, Packaging and other sectors throughout the UK and overseas. 30% of sales are exports. OpportunityThere is significant potential in the business, both in developing the niche product range, offering maintenance packages and developing overseas sales channels. As our client is seeking to exit the business he is looking to sell to someone who can develop the business over the medium term.

Premises Details:

The business operates from a small industrial unit of 162 sq.m. plus a mezzanine floor.

The lease expires in 2019 with a current rent of £9,900 p.a.