Featured Brokers
CONFIDENTIAL
FOR SALE
502753
We are pleased to present a unique opportunity to acquire a precision engineering company, established in 1973, which has built a solid reputation over decades of successful operation. This business is now available for sale due to the owner’s retirement, making it an ideal bolt-on addition for another company or a fully relocatable venture for an ambitious entrepreneur.
The asking price has been significantly reduced to facilitate a quick sale, set at £35,000. With an impressive profit margin of the same amount, this business represents a compelling investment. Currently operating an average of just 16 hours per week, the new owner will find substantial potential to increase business activity and profitability.
Neich Products specialises in machining small aluminium and bronze castings, as well as producing small batches of aluminium, plastic, and steel components primarily for the automotive and printing sectors. The company boasts a long-standing customer base, with established client relationships spanning over 25 years, ensuring a consistent revenue stream.
Growth Opportunities and Industry Potential
With a solid foundation in place, this company offers numerous avenues for growth. The potential for registering for ISO 9000 certification alongside the addition of 5-axis CNC milling presents exciting opportunities that can enhance both market reach and production capabilities. Furthermore, the business benefits from robust supply chain relationships, positioning it well within the market for future expansion.
The existing client base includes blue-chip companies, reflecting a commitment to quality and reliability that has contributed to the firm’s long-term sustainability. Active client engagement and a solid client database provide a strong platform for ongoing success.
Why Invest?
The business has been operated solely and comes with specialised technical skills, ensuring that the expertise necessary for continued success is readily available. Additionally, there is a stocked spare parts department, further enhancing operational efficiency.
This is a genuine retirement sale, and the current owner is committed to ensuring a smooth handover process. Interested parties are invited to make inquiries to discuss this remarkable opportunity further.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
The data showed regarding this advert 'Precision Engineering Company for Bolt on or Relocation.EST.1973. Niche Product.Genuine Retirementnt ' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.