FOR SALE
657376
This well-established small toolmaking company has carved a niche for itself in the industry, specialising in precision components and one-off production. With over two decades of experience in toolmaking, the business boasts a comprehensive range of CNC milling, surface grinding, turning, and spark erosion services. Its longstanding reputation is backed by a robust client base that appreciates the quality of workmanship and reliable service.
Equipped with an impressive array of machinery, including a Bridgeport VMC and various lathes, the workshop's spacious layout promotes an efficient workflow, ensuring that projects are completed with optimum speed and accuracy. The business is well-positioned to meet diverse manufacturing needs, possessing a significant inventory of high-quality tools and equipment. This variety not only facilitates exceptional production capabilities but also offers considerable potential for expansion into new markets and services.
Business Overview
Having been in operation since 2000, the company has been under current ownership for 26 years. The business’s location benefits from its proximity to essential amenities, including shops and services located just half a mile away, making it accessible for both employees and clients. Additionally, the competitive landscape in the area is remarkably favourable, with very low competition, enhancing the business's appeal to prospective buyers.
Sale Details
This retirement sale includes all necessary fixtures and fittings, providing a turnkey opportunity for new owners. Furthermore, a detailed inventory of high-quality equipment and accessories is included in the sale, alongside well-established repair and maintenance services that contribute to reliable revenue streams from active clients. With significant stock and inventory value, the business stands out not only for its production capabilities but also for the security it offers in revenue generation.
As the current owner prepares for retirement, they are open to providing training opportunities to ensure a smooth transition for the new owner if needed. Moreover, the business has an online presence that can be leveraged further, augmenting its visibility and outreach.
Why Choose This Business?
This opportunity is particularly suitable for a hands-on operator looking for a comprehensive and robust turnkey operation. The well-priced retirement sale, coupled with viewing and discussion opportunities, makes this an attractive proposition for anyone seeking to invest in a reputable and established toolmaking business.
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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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