Precision Gauge And Tool Engineers | | Undisclosed Staffordshire | | WELL ESTABLISHED AND RESPECTED PRECISION ENGINEERING BUSINESS LOCATED IN STAFFORDSHIRE Specialising in gauges & tools, the business offers a complete design and manufacture service Predominantly for the automotive, defence & aerospace industries Benefits from a fully functional UCAS measuring lab Sales of circa £380,000, a healthy GP of 46% & an adjusted NP of around £100,000 An ideal acquisition & investment for an individual or a bolt on for an engineering company L/H: £260,000 + SAV + WIP + SHAREHOLDERS FUNDS REF: 9666B | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 49721
ADVERT IMPRESSIONS : 16,041 TIME(S) | | | | BUSINESS SECTOR: | Manufacturing / Engineering | | TRADE TYPE: | Toolmakers & Precision | | SALE: | Agent Sale | LEASEHOLD: | £260000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | The business is currently located on a busy industrial estate in Staffordshire, has excellent parking facilities and access to the main motorway network.
HISTORY
The vendor has been in ownership since 1993. A well known and respected business throughout the UK established by the current vendor.
REASON FOR SALE
Vendors intentions to semi-retire.
PRODUCTS
The business offers a complete service of design, manufacture and calibration of Gauges, Gauging fixtures, CMM workholding fixtures, Assembly tooling and fixturing and most precision tooling and machining.
It also manufactures Gap, Plug, Ring, Taper, Form, Acceptance and Receiver Gauges. Plus Gauging fixtures to incorporate simple Go / Nogo devices, dial indicators, or electronic probes for data output.
The business is Ukas approved to calibrate and certify all of the products which are manufactured in-house. It can supply certificates with new gauges or as part of an ongoing re-calibration system.
CUSTOMERS
The business has a large number of very high profile customers.
STAFF
The business is operated by the vendor plus 4 full time staff.
We are informed there is a good management hierarchy in place.
TRADING HOURS
TBC
FINANCIALS
Accounts for 2010 are reported to show sales of £379,021 with a gross profit of approx 46%.
PREMISES
Operating from a unit, and briefly comprising;
2 x Offices
Large workshop area with high level of high spec equipment
External parking
STRENGTHS
Excellent location
Extremely well established with superb client base
Superb premises
Rare opportunity
SCOPE
Ideal bolt-on for existing engineering company with relevant experience
VIEWINGS:
A non disclosure agreement will have to be signed and returned prior to any further information and viewing.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises. | | | | | | FOR SALE | | | | | REFERENCE: | 9666B / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
