ID : 16961
We are pleased to bring to the market a fantastic opportunity for a new buyer to purchase a well-established and reputable Precision Engineering business based in Coventry, West Midlands.
The business offers an excellent range of services relation to the design and manufacturing of parts and components for a varied and large customer base. Years of experience and expert knowledge has given the business an excellent industry-wide reputation for the production of high quality tooling to assist in the production of many production components. Design and manufacture of Jigs & fixtures for welding of assemblies, saw fixtures to cut parts to correct lengths. Machining fixtures to locate parts & clamp for cnc machining. Inspection media with calibrated reports to check components or parts are correct before they go onto assemblies or welded assemblies. All general tool room machining or cnc machining of small or large parts.
Established in 2007, the business has demonstrated year on year growth and now achieves an annual turnover of £310,000. With a high net profit and superb reputation, this is an ideal opportunity for an industry entrepreneur to build on the current success.
A motivated new owner may look to grow the business further by expanding services to include other complimentary market sectors, enabling the business to develop its customer base significantly. Currently the business does not pro-actively market itself, yet by implementing a local and nationwide marketing strategy to include industry placement and trade shows attendance, offers excellent scope to grow the client base and revenue.
Intelligent Business Transfer have been approached to find a suitable buyer for this superb opportunity which is ideally suited to an entrepreneur with some industry experience. The current owner has developed a very profitable and highly respected business which is now primed to be taken to the next level.