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ISO-Accredited Precision Engineering Business in Devon Available for Sale

Undisclosed, Devon

CONFIDENTIAL

  • Leasehold: £1,200,000
  • Turnover: £392,306 (£7,544 per week)
  • Profit: £235,740 (61% Profit margin)

Business Details

ISO Accredited Precision Engineering Business with Significant Expansion Potential Asset Rich


    This well-established precision engineering and manufacturing business produces both bespoke one-off components and full production runs from a fully equipped and highly efficient toolroom. Founded in 2013 by the current director, an award-winning engineer with nearly 50 years of specialist experience, the company has built an excellent reputation across local industry and a selective international client base.

    The business is recognised for its technical capability, exceptional workmanship, and an operational setup designed for speed and efficiency. Streamlined processes allow for rapid turnaround times without compromising quality, further supported by ISO 9001 accreditation to ensure consistent and reliable standards. Asset Rich

    A trusted name in the sector, the company enjoys steady repeat work without relying on formal contracts. Demand remains strong, competition in the local area is limited, and the workshop is equipped to manage everything from prototype and one-off machining to ongoing production requirements.

    Lean operations underpin strong and dependable profit margins, while significant opportunities for future growth remain available. The director is prepared to support a smooth transition, ensuring continuity for clients and a seamless handover to new ownership.
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    This listing has been withdrawn by the seller or their agent. Please check back soon for any future updates.

    Stay Safe

    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.

    Stay Safe

    Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

    Stay Safe

    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.

    Stay Safe

    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.

    Stay Safe

    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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