CONFIDENTIAL
FOR SALE
643429
Established in 2010, this precision engineering company has seen substantial growth over the years, evolving from a modest beginning with two CNC milling machines into a well-equipped business boasting additional machinery and expanded office space. Specialising in supplying precision parts to local industries, the company caters to sectors including instrumentation, scientific, automotive, and various service-oriented businesses. Unfortunately, due to health reasons, the owner is now seeking to sell the company—presenting a fantastic opportunity for anyone looking to embark on their own business venture.
With a solid foundation of 15 years in operation, this company not only has a proven track record but also benefits from a strategic location. Customers are drawn to the area, aided by nearby amenities such as a Screwfix store that enhances convenience and accessibility. The sale includes all machinery and fixtures, offering the new owner a fully equipped workspace right from the start.
Business Overview
The precision engineering company is currently available for purchase in Aldermaston, Berkshire. The leasehold price is set at £85,000, and the business enjoys a turnover of £90,000, making it a viable investment. The annual rent amounts to £16,500, presenting a sound financial opportunity for prospective buyers.
Support and Training
As part of the sale, the current owner is willing to provide training opportunities to ensure a smooth transition for the new proprietors. This commitment signals a desire for continued success and support, enabling the new owners to build upon an already successful business model.
Key Features
Interested parties should consider the following appealing aspects of the business:
In summary, this precision engineering company offers a robust foundation for growth and development in a thriving market. With an established reputation, supportive transition arrangements, and clear opportunities for expansion, it stands out as an ideal acquisition for anyone wanting to step into a rewarding business environment.
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.
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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.
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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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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
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