| (REF: IX011) Precision Engineers & Tool Makers |
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| Seller Reference: |
IX011 |
| B4S Reference: |
16506 |
| Asking Price: |
£69,000
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| Net Profit: |
£10,000 |
| Sales Revenue: |
£120,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Buckinghamshire, Buckinghamshire, |
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This highly regarded business was founded in 1990 by the Vendors family with a combination of innovative insight and entrepreneurial spirit and has grown since to become a significant enterprise with an established reputation among its customers for the quality of its products and service, honesty and reliability.
The business offers a comprehensive range of precision engineered products and tool making covering every level of technical requirement and quality demand appropriate to their end use and market and it is this business’s ability to operate in such detailed ways in determined volumes that creates a clear difference between this business and competitors meeting the customer’s needs for cost, productivity, delivery and quality.
The business operates from a rural location in Buckinghamshire with low overhead costs and has invested industry technology and implemented it to maintain the careful balance between cost and quality, providing exceptional value for money and combining ease of delivery to the customer with maintained manufactured integrity.
The business has the technical and manufacturing capacity to increase production within current plant operations, or could be assimilated into an existing operation.
For 20 years the business has offered customers a comprehensive range of precision engineered manufactured products and tool making and has a loyal and long term customer base, some of whom have relations with the business extending as far back as the first days of trading.
The business is further supported by exemplary relations with key suppliers who have helped to ensure that production is never compromised and that customers are never let down. This commitment to supply chain relationships has underpinned this business’s abilities in product quality and sustained business growth.
With the benefit of comprehensive manufacturing facilities, the highest possible quality through key business areas has been maintained and conforms to British Standards where appropriate and to stringent strength and test standards. The business has also maintained significant control over costs in an increasingly competitive and demanding market.
The ability of this business to grow and sustain its profitability is due in no small part, to the business’s strong commitment to investment in technology, significant in maintaining the profitability of the business and its current position as it is poised to exploit expected and significant new growth in turnover.
They have set themselves apart from competition in the quality of finish and the service they offer combined with exceptional reliability and speed of response to clients requirements.
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Property: |
Leasehold |
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Lease Terms: |
The business is located in a rural area of Oxfordshire and consists of a workshop including roller shutter and mezzanine floor used for storage with an ofiice and all usual facilities. The premises are owned by the m.d of the company, therefore short or long term leases are available, or the company can be transferred to another location |
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Living Accommodation: |
No |
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The business has used only limited advertising in the past but has found greatest success through word of mouth recommendation where a significant number of orders and enquiries are taken. This activity has been supplemented with internet based advertising and referrals. |
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This industry sector has been though very hard competitive times and the company has emerged as one of the tried tested and robust survivors and now the current market for this business is still competitive but growing and is forecast in the near and longer term for continued growth. The business is well positioned to take maximum advantage of this growth as it occurs.
Business operations are not at maximum capacity and there remains considerable scope for an increase in production, turnover and profit simply by gearing operations in line with current market demand.
The business is constantly innovating and new product revenue streams can be developed into significant contributors to turnover. Added to this the business currently supplies to customers in only a part of the UK and can easily be expanded to cover the rest of the country.
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The current owner will provide all necessary training and all relevant contacts to allow continuity of trading. |
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The business is for sale as result of the Vendors’ wish to follow other areas of interest and opportunities that have arisen. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Trading is currently 8.00 to 6.00 but can be altered to suit a new owner. |
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The business employs 1 full time machine operator, in addition to the owner. |
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