ID : 36579
Leasehold Precision Engineering Business for sale – offers over £420,000
•Confidential Sale.
•Established for 30 years.
•Enviable reputation with desirable customer base.
•Annual turnover of £570,000 with a 46% gross profit.
•Mostly sub contract machining, no fabrication or design work.
•CNC Milling and Turning, Manual Milling and Turning, Horizontal Boring and Drilling.
•Well-equipped 8000sq ft premises.
•Ample internal space for expansion if required.
•New lease to be assigned – rent of £26,000pa.
•Retirement sale.
•Manager and skilled staff in place.
•Impressive assets / machinery – all with digital readouts.
•Prime location with ease of access to regional motorway network.
Aspire ( Business and Company Sales Specialists ) are delighted to offer for sale this highly regarded engineering business based in the North West of England. The business occupies impressive 8000sq ft premises, easily accessible to the North West regional motorway network.
The engineering business has been established for 30 years and has built up an enviable reputation with regular, repeat custom. Currently the business has an annual turnover of £570,000 achieving a 46% gross profit. It specialises in sub-contract machine work with the ability to deal with up to 3.5 tonnes. The business has the capability to perform a wide range of services including CNC milling and turning, manual milling and turning, horizontal boring and drilling.
There is no design or fabrication work undertaken. The business has invested heavily in plant and machinery over the years and benefits from an impressive asset list, all with digital readouts. The premises are spacious with the potential and room to install more equipment if necessary. This is a particularly attractive purchase as the business has a loyal workforce and manager in place.
This is a unique opportunity to purchase such a well-established engineering business in a prime trading location, only offered for sale due to retirement. Early discussions with Aspire, in confidence, must come highly recommended.
