Virtual Freehold Plastic Engineering Indcluding Machining & Fabrications For Sale in Bedfordshire- Business 4 Sale .co.uk

Business Summary

HISTORY

• The business was founded by the present vendor’s father in 1968, the vendor inherited the business in 1977

REASON FOR SALE

• The vendor is only now offering the business for sale as he wishes to take semi retirement

PRODUCTS

• The business produces prototype tooling, vacuum formings, fabrications, machining and assemblies to clients instructions and drawing
• Approx 70% of all sales are repeat orders

CUSTOMERS

• The business has an excellent blue chip customer base which includes the national health service, the ministry of defence and other niche industries.

STRENGTHS

• The business is extremely well established
• There is a very high repeat trade of circa 70%
• Blue chip customer data base
• Very experienced work force
• Modern plant and machinery
• Good net profits which are being achieved on a consistent basis

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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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

	Details of Accommodation:	• Purpose built light industrial unit with roller shutters • Single storey with attached double storey built brick office block Ground Floor • Reception and ground floor office • W/C and kitchen First Floor • W/C External • Additional space available to extend to the side • Parking slots for 17 cars

	Location:	• The business is located in the centre of a large industrial estate in Bedfordshire, close to the town centre • The area has good road and rail links

Growth Potential

• The business is already being run successfully. It does however, still offer excellent potential to increase both sales and profits by:
• Employing a commission only agent to seek out new markets and customers
• Look for new markets overseas and attend trade shows
• It is possible to extend the present premises by approx 40%
• Approach existing customers to look for new work as the business is very much a very small cog in a very large gearbox

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

• Weekdays 8am to 5pm
• Extra hours as required from time to time to meet customer requirements

Summary of Staffing

• The business employs 11 staff who are all full time and which includes the vendor

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