| (REF: 9612 NN) Relocatable Exclusive Engineering Reclamation Business Northamptonshire |
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| Seller Reference: |
9612 NN |
| B4S Reference: |
17359 |
| Asking Price: |
£275,000
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| Net Profit: |
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| Sales Revenue: |
£40,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Northamptonshire, Northamptonshire, United Kingdom |
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THE BUSINESS
Advent Business Sales is delighted to have been instructed to offer to the market this exceptionally well established and extremely niche engineering reclamation and modification business.
Founded over thirty five years ago
The business specialises in the reclamation and modification of many high speed steel/ASP and general tooling steels such as:
• Broaches
• Gear hobs
• Shaping and shaving cutters
• Rolling dies
• Forming tools
• Boring bars
• Toolholders
• Chuck jaws
• Milling cutters
• Peeling tools
• Drills
• Punches and dies
• Much more
Numerous engineering businesses have tried to emulate the specialist techniques used but none has yet succeeded. The process is closely guarded and will only be made available upon exchange of contracts, if a buyer wishes to see proof that the process actually works they can provide their own sample which needs repairing.
The business has an excellent blue chip customer history including:
• Rolls Royce
• ICI
• Ford Motors
• The Royal Mint
• The oil industry
• The Wiggin Group
Fully equipped for purpose, the list of plant and machinery includes:
• Three lathes
• Four millers
• Surface grinder
• Cutter grinder
• Bandsaw
• Insizing machine
• One Mig, Two Arc and Two Tig welders
• Fork lift truck
• Compressor
• Two drills
• Fly press
• Tool and cutter grinder
• Other ancillary equipment
We are advised that stock at cost is approximately £10,000.
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £40,000
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
TENURE: Leasehold
Original lease: Holding over
Rent: £12,960
We are advised that the annual business rates are currently: £1,220
LEGAL COSTS:
Each party is responsible for their own legal costs.
VIEWING:
By appointment with the agent only
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
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Property: |
Leasehold |
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Lease Terms: |
TENURE: Leasehold
Original lease: Holding over
Rent: £12,960
We are advised that the annual business rates are currently: £1,220 |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
The business can be relocated anywhere in the UK to suit a new owner.
Should a buyer wish to stay on the present site it is approximately 2,000 sq feet in size and could easily make available approximately 50% of the space for transfer of work in if required. |
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Location: |
The business is presently located in an engineering workshop in Northamptonshire. It could however, be easily relocated anywhere in the country to suit a new owner. |
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Numerous engineering businesses have tried to emulate the specialist techniques used but none has yet succeeded. The process is closely guarded and will only be made available upon exchange of contracts, if a buyer wishes to see proof that the process actually works they can provide their own sample which needs repairing. |
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The potential for the process is absolutely huge with quite probably every engineering company in the world able to benefit in some way or another from the process.
The business should also advertise to make potential customers aware of the service available. |
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The business is only now being reluctantly offered for sale as the company principal has sadly passed away. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
Yes |
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Is this business part of a franchise? |
No |
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Mon to Thurs: 8.30am to 4.30pm
Fri: 8.30am to 12.30pm |
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The business has presently two full time staff members and one part time who work approximately 15 hours per week. |
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