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Engineering Company In Lancashire

Undisclosed Lancashire
T/O: £750,000 GP: 16% Well equipped substantial workshop Retirement sale Huge scope
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 41452
ADVERT IMPRESSIONS : 41,288 TIME(S)

 
BUSINESS SECTOR: Miscellaneous
TRADE TYPE: Other
SALE: Agent Sale

LEASEHOLD:

£220,000
 

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BUSINESS DETAILS:

Location
This well-established engineering company occupies a prominent position close to a busy main road and close to the centre of this large Lancashire town. The business boasts easy access to the North West motorway network.

Business History
Preferred Commercial is delighted to offer for sale this thriving engineering company, which was established by our client approximately 16 years ago and is only now being offered to the market due to his wish to retire. The company specialises in fabricating components and prides itself from being able to fabricate anything in metal from drawings or computer images. The business achieved ISO9000 standard and boasts desirable contracts with local authorities and councils. The company also carries out on-site maintenance and service for several clients. Currently the business generates a turnover in the region of £750,000 per annum with a gross profit of 16%. There is scope to increase the turnover by promoting sales of components and spares and to extend the opening hours. There is a staff of 13 loyal and highly skilled people and substantial well equipped manufacturing facilities. We feel this represents an ideal opportunity to acquire a thriving, well-established engineering company. Early discussions, in confidence, with Preferred Commercial must cone highly recommended.

Financial Details
T/O: £750,000 approx.
GP: 16%

Opening Hours
Mon - Thurs: 8.00am - 5.00pm
Fri: 8.00am - 1.00pm
Sat - Sun: Closed

Accommodation Details
Substantial industrial unit of approximately 20,000 square foot with workshop and offices. Briefly comprising:

Ground Floor
• Spacious reception area with reception desk
• 5 x offices
• Workshop with machine shop area, sheet metal working area, fabrication area and access bays to the side and rear of workshop, comprehensively equipped including various lathes, milling machines, planers, grinders, boring and drilling machines, arc, tig, CO2 and Argon arc welders, brake press, guillotine, plasma cutter etc. A full list is available on request.

Mezzanine Level
• Used for storage

Tenure
Leasehold
New lease to be negotiated
   
  FOR SALE
   

REFERENCE:

1523 / RightBiz
   
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