| (REF: 1091RG) Engineering and Consumable Product Sales |
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| Seller Reference: |
1091RG |
| B4S Reference: |
26644 |
| Asking Price: |
£395,500
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| Net Profit: |
£119,846 |
| Sales Revenue: |
£564,787 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Undisclosed, Hampshire, United Kingdom |
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HISTORY
The business was formed by the present vendor over 24 years ago during which time it has built up an enviable local reputation for quality and service
REASON FOR SALE
The business is only now being reluctantly offered for sale to enable the vendor to concentrate on an alternative unrelated business venture
PRODUCTS
The business is able to supply a full range of machined parts to ISO 9001, these include:
Turning, milling, broaching, keyways, CNC, welding and fabrication
CUSTOMERS
The client has an extensive range of blue chip customers such as Sainsburys,Kuehne Nagel
There is no over reliance on any single client or market sector
Most clients are within an approximate 30 mile radius of the premises
SERVICES
An extensive range of products are available these include:
Timing, conveyor, V and wedge belts, drive and conveyor chains
AC/DC motors, rewinds, pumps, gear boxes and repairs
Pneumatics, hydraulics and hydraulic motors
Bearings, roller, needle, taper, wheels and casters
Tools, fasteners, adhesives, sealants
Much more
STRENGTHS
An extremely well established business which has been trading for over 24 years
Excellent client database which has a very high repeat and referral rate
Deals with many blue chip customers such as Sainsburys, Kuehne Nagel
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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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: |
Leasehold
Original lease 5 years
Remaining lease 2.5 years
Review every: 1 year
Rent: £13,000 per annum
Rates: £6,500 per annum
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Living Accommodation: |
Yes |
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Details of Accommodation: |
A modern mid terraced property which briefly comprises:
Works entry via full height roller shutter door, range of plant and machinery organised around the workshop, rear fire exit
Foot entry from side door into the sales counter
Corridor with male and females W/Cs
Kitchen area, side works office, managers office
Stairs to first floor accounts and archive offices
The premises benefit from being fully double glazed and with a good alarm system
The current plant and equipment list includes:
Colchester student lathe and tooling
New 250v cut off saw
Rusch band saw with a 10 cut
Broaching press and tooling
Mig welder
Compressor
Fiat fork lift truck and charger
Pallet truck
Measuring table
Fiat Scudo VAT 08 plate
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Location: |
The business is located in the heart of a small industrial site in Hampshire
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Employing their own salesman to visit new potential customers to offer the services
Trawl through the existing database to try and resurrect customers who have not had any contact for a number of years
Advertise in selected trade magazines
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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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2 full time including 1 vendor
3 part time including 1 vendor
2 who work 3 days a week and the other 2½ days a week
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