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Design and Manufacturing Business in Nottingham

Undisclosed, Nottinghamshire
Leasehold Price:
£3,100,000
Status
FOR SALE
Advert ID
164840
Reference
02291 / Rightbiz
    Great reputation for quality

    High turnover

    Large and loyal customer base

    Recent investment of £750k in State of the Art CAD/CAM CNC Machinery

    Innovative design team

    Amazing growth potential

Intelligent Business Transfer are delighted to have been appointed to oversee the sale of a business that has demonstrated strong annual growth and still has so much untapped potential.The business is an impressive proposition. The exceptional turnover is generated by the owner and 25 highly skilled full-time staff who actively contribute to the success of the company. There is a simple website but no money is spent promoting the business through advertising and most existing trade arises from repeat business and warm word-of-mouth recommendations. A new owner would be able to expand the business by appointing a sales representative to actively pursue leads, improving the website to reflect the bespoke nature of the business or possibly taking advantage of the strong demand from the Middle East by establishing an overseas office.The vendor established the business ten years ago and is now looking forward to a well-earned retirement. A new owner could take over operations straight away and enjoy an immediate return on their investment, thanks to the significant existing order book, or might choose to expand and create an even more profitable business model. The vendor feels it would suit a buyer from a corporate client or perhaps a building contractor - and would be prepared to stay on to assist with the transition.
Listing Details
Leasehold Price: £3,100,000
Tenure: Freehold
Tenure: Leasehold
Tenure: Other
Location: Undisclosed, Nottinghamshire
Sector: Manufacturing Businesses
Financials
Annual Turnover: £2,647,191
Annual Net Profit: £458,259
Contact Agent
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Advert Reference: 02291 / Rightbiz
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