Plastic Injection Moulding and Soft Toolmaking Company For Sale in Fife, Scotland- Business 4 Sale .co.uk

Business Summary

This business was founded in 1990 by the Vendor after he identified a niche in the plastic injection moulding market and has since gone on to become the leading provider of bespoke solutions. With a reputation for the quality of its products, flexibility and speed of of service, reliability and competitive pricing, the businesses continues to grow year on year.

The business operates from a prime location in Fife, Scotland, just north of Edinburgh in a small coastal town. It has established itself as one of the UK’s leading independent plastic injection moulding and soft toolmaking companies. Many current customers have been loyal to the business since the very beginning and this has been due in no small part to the business’s competitive prices, quality products, first class service and attention to detail. The business is also able to provide small batch solutions as the tools are made from aluminium which helps keep the costs down.

The business has always believed in the pursuit of excellence, keeping up to date with technology, constantly reviewing and updating its service commitment and its methods of business, ensuring that valued customers receive the very best service and quality of product.

The business has shown itself to be resilient in the face of economic forces and has maintained strong and incremental growth over its 20 years of trading. No small part in the ability of this business to grow and sustain its profitability is due to the quality of its people. The business has a strong commitment to the development and welfare of its staff; which has contributed, alongside investment in technology, to the excellent profitability of the business and its current position as it is poised to exploit expected and significant new growth in turnover.

Property Information

	Property:	Leasehold

	Lease Terms:	The business is located in an easily accessible area in Fife, Scotland and operates from a circa 7,500 square foot area including manufacturing and storage space, facilities and administrative offices. There is also substantial private parking and level loading area. The premises are well appointed and represent the professional qualities and service the company has built its reputation upon.. The vendor owns the freehold and is prepared to grant a new full repairing and insuring lease on terms to be agreed, or the freehold is available by separate negotiation.

	Living Accommodation:	No

Competition

The business has used little advertising in the past and there are excellent opportunities to increase this and market the business more aggressively to significantly increase turnover. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.

Growth Potential

The vendor has restricted the amount of work the company currently completes to a level he was comfortable with. The current market for this business’s services is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs and has the physical infrastructure to take the extra work in its stride.

Support and Training Offered

The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.

Reason for Selling

Having spent the last 23 years developing the business - and on the wrong side of 65 - the Owner and his wife now seek to retire.

The owner also recognises that the business could grow significantly by the influx of marketing skills.

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

Summary of Business Hours

The operating hours are 8.00am to 4.00pm Monday to Thursday and 8.00am to 2.00pm on Fridays. There is further scope to increase this or introduce shifts.

Summary of Staffing

The business currently employs the founder who is supported by a mould shop manager and 8 mould room staff, a tool room manager and 2 tool makers, 1 part time production controller.

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