Project Oregano - High-Precision Engineering Firm with £1m Machinery in West Midlands
Undisclosed, Staffordshire
- Status
FOR SALE
- Date Submitted:
25/04/24
- Advert ID
610375
- Reference
50635 / Rightbiz
- Call Agent:
- Turnover: £1,752,413 (£33,700 Per week)
- Net Profit: Not Applicable
Business Details
Project Oregano Precision Engineering Midlands
Turnover Y/E 2023 £1.75m with Adjusted EBITDA £614,71360 Historic Clients - Active Trading with 20 mostly blue-chips
Business Produces high Precision Turned Parts
High Net margin business c40%
No Sales team, all growth has come from word of mouth
Highly Motivated Operations Director that is absorbing the Shareholders Responsibilities
£1m of the latest machinery owned outright, capable of of scaling the business to 1.2m net profit without needing to invest in further machinery
Project Oregano is a well-established producer of high-precision machined components for a wide range of industries. The company has achieved considerable year-on-year growth, and this can be further expanded upon through multiple sales and development opportunities. The business has come to market due to our client's desire to retire and is available on a freehold basis. Please contact us for further information using reference number 50635 or quote Project Oregano. Ref: 50635
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Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
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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.
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