Engineering And Consumable Product Sales | | Undisclosed Hampshire | | HAMPSHIRE ENGINEERING & CONSUMABLE PRODUCT SALES Large c/m d/base include blue chip co's A/T; £564,787 GP: £211,781 NP: £119,846 Extensive range of equipment Scope to extend c/m d/base L/H: £395,500 Inc circa £60,000 Shareholder funds RE: 1091RG | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 64716
ADVERT IMPRESSIONS : 12,935 TIME(S) | | | | BUSINESS SECTOR: | Manufacturing / Engineering | | TRADE TYPE: | Machinery | | SALE: | Agent Sale | LEASEHOLD: | £395,500 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business is located in the heart of a small industrial site in Hampshire
HISTORY
The business was formed by the present vendor over 24 years ago during which time it has built up an enviable local reputation for quality and service
REASON FOR SALE
The business is only now being reluctantly offered for sale to enable the vendor to concentrate on an alternative unrelated business venture
PRODUCTS
The business is able to supply a full range of machined parts to IS0 9001, these include:
Turning, milling, broaching, keyways, CNC, welding and fabrication
CUSTOMERS
The client has an extensive range of blue chip customers such as Sainsburys, Kuehne Nagel
There is no over reliance on any single client or market sector
Most clients are within an approximate 30 mile radius of the premises
SERVICES
An extensive range of products are available these include:
Timing, conveyor, V and wedge belts, drive and conveyor chains
AC/DC motors, rewinds, pumps, gear boxes and repairs
Pneumatics, hydraulics and hydraulic motors
Bearings, roller, needle, taper, wheels and casters
Tools, fasteners, adhesives, sealants
Much more
STAFF
2 full time including 1 vendor
3 part time including 1 vendor
2 who work 3 days a week and the other 2½ days a week
TRADING HOURS
Weekdays 8.30am to 5pm
FINANCIALS
2011 2010
Sales £564,787 £421,052
Gross £211,781 £170,122
Net £119,846 £89,143
Stock holding £15,000
The vendor is prepared to work with a new owner to ensure a smooth transition and to give the necessary introductions to both staff and customers
PREMISES
A modern mid terraced property which briefly comprises:
Works entry via full height roller shutter door, range of plant and machinery organised around the workshop, rear fire exit
Foot entry from side door into the sales counter
Corridor with male and females W/Cs
Kitchen area, side works office, managers office
Stairs to first floor accounts and archive offices
The premises benefit from being fully double glazed and with a good alarm system
The current plant and equipment list includes:
Colchester student lathe and tooling
New 250v cut off saw
Rusch band saw with a 10 cut
Broaching press and tooling
Mig welder
Compressor
Fiat fork lift truck and charger
Pallet truck
Measuring table
Fiat Scudo VAT 08 plate
STRENGTHS
An extremely well established business which has been trading for over 24 years
Excellent client database which has a very high repeat and referral rate
Deals with many blue chip customers such as Sainsburys,Kuehne Nagel
SCOPE
Employing their own salesman to visit new potential customers to offer the services
Trawl through the existing database to try and resurrect customers who have not had any contact for a number of years
Advertise in selected trade magazines
TENURE
Leasehold
Original lease 5 years
Remaining lease 2.5 years
Review every: 1 year
Rent: £13,000 per annum
Rates: £6,500 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: | 1091RG / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
