Tool Making And Precision Machining With Equipment Included | | Undisclosed Kent | | KENT TOO MAKING AND PRECISION MACHINING WITH EQUIPMENT INCLUDED Close to complementary engineering co's Circa 15 c/m with regular work from around 5 A/T: £30,000 -Ran at a pace to suit vendor Substantial inventory of equipment included L/H: £34,950 INC Equip REF: 1077ME | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 64304
ADVERT IMPRESSIONS : 9,958 TIME(S) | | | | BUSINESS SECTOR: | Manufacturing / Engineering | | TRADE TYPE: | Toolmakers & Precision | | SALE: | Agent Sale | LEASEHOLD: | £34950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• Trading from traditional industrial unit in a Kent village
• Within easy striking distance of Maidstone
• Ample parking on small industrial estate of similarly sized businesses
• Close to a large base of complementary engineering companies and fabricators
HISTORY
• Trading from current site for 13 years
• Founded as precision machining business with emphasis on personal service
• Excellent reputation for integrity and quality
• Large inventory of plant and equipment built up
REASON FOR SALE
• Retirement although the vendor would be happy to assist with a handover in the short term
SERVICES
• Manufacture of a wide variety of small tools
• Repair work undertaken
• Bespoke commissions
CUSTOMERS
• Around 15 customers on the books
• Regular repeat work from 5 main clients
• Most customers are larger engineering companies or manufacturers requiring components
SUPPLIERS
• Capital equipment sourced on a new and used basis throughout the UK
• Consumables sourced from a variety of trade sources
STAFF
• Vendor (full time)
TRADING HOURS
• 7.30am to 5pm Monday to Friday
• Closed Saturday and Sunday
• Work undertaken as customer requirements dictate
FINANCIALS
• Annual turnover currently £30,000
• Business very much run at a pace to suit the vendor
PREMISES
• A traditional leasehold industrial unit/machine shop
• Main workshop area
• Office
EQUIPMENT
• Colchester lathe 6”
• Bridgeport turret mill (manual)
• Bridgeport Interact CNC mill
• J & S 5A0 Surface grinder
• Myford cylindrical grinder
• Eurospark EDM machine
• Clarkson cutter/grinder
• Pedestal grinder
• Fly presses
• Bandsaw
• Compressor
• 2 rotary tables
• Quantity of drills, taps, dies and mill cutters etc etc
STRENGTHS
• Established business well known within the locality
• Loyal and repeat customer base
• Extensive inventory of equipment and plant built up over many years
• Highly profitable with excellent financial performance
• Low overheads
SCOPE
• Business development activity has been extremely limited and run at a leisurely pace
• Introduction of internet site
• Ideal starting point for experienced engineer seeking own business
• Equipment disposals for items not required for core business
TENURE
• Leasehold
• Rental £2,800 per annum
• Rates payable £1,400 per annum
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). | | | | | | FOR SALE | | | | | REFERENCE: | 1077ME / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
