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(REF: 9666B )  Precision Gauge And Tool Engineers
 
Seller Reference: 9666B
B4S Reference: 17573
Asking Price: £260,000
Net Profit: Undisclosed
Sales Revenue: £379,021
Number of Staff: 4
Established For: 17  Years  0  Months
Ownership: Leasehold
Location: Undisclosed, Staffordshire, United Kingdom
  Business Summary   
  HISTORY

The vendor has been in ownership since 1993. A well known and respected business throughout the UK established by the current vendor.

PRODUCTS

The business offers a complete service of design, manufacture and calibration of Gauges, Gauging fixtures, CMM workholding fixtures, Assembly tooling and fixturing and most precision tooling and machining.
It also manufactures Gap, Plug, Ring, Taper, Form, Acceptance and Receiver Gauges. Plus Gauging fixtures to incorporate simple Go / Nogo devices, dial indicators, or electronic probes for data output.
The business is Ukas approved to calibrate and certify all of the products which are manufactured in-house. It can supply certificates with new gauges or as part of an ongoing re-calibration system.

CUSTOMERS

The business has a large number of very high profile customers.

FINANCIALS

Accounts for 2010 are reported to show sales of £379,021 with a gross profit of approx 46%.


PREMISES

Operating from a unit, and briefly comprising;
• 2 x Offices
• Large workshop area with high level of high spec equipment
• External parking

STRENGTHS

• Excellent location
• Extremely well established with superb client base
• Superb premises
• Rare opportunity

VIEWINGS:

A non disclosure agreement will have to be signed and returned prior to any further information and viewing.








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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Location: The business is currently located on a busy industrial estate in Staffordshire, has excellent parking facilities and access to the main motorway network
  Growth Potential   
  Ideal bolt-on for existing engineering company with relevant experience
  Reason for Selling   
  Vendor’s intentions to semi-retire
  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   
  TBC

  Summary of Staffing   
  The business is operated by the vendor plus 4 full time staff.
We are informed there is a good management hierarchy in place.





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