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Precision Engineering Company For Sale

 
Somerset, United Kingdom
 
Advert ref: EN131A
  
Business description
Specializing in moving parts for Mobile Storage Systems which is 40% of the business, it is also involved in healthcare equipment, underground detection equipment, military hardware and sports and leisure equipment. It could in fact be involved in anything requiring precision engineered moving parts.

Employees: Owner full time, with 2 full time assistants. The employed staff wages bill is approximately £34,000 p.a.
Trading hours: 8:30 am to 5 pm.
Property: Freehold

Location
The business is situated on a main ‘A’ road, which runs through a north Somerset town, within easy reach of the M5 motorway.

Reasons for selling
After running the business for many years, the current owner now feels that it is time to take well earned retirement.

Financing available
This business should readily support loan finance, subject to status. For further information, please contact Lakey & Co.

 
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Financial details

 
Asking price: £699,950
Sales revenue: £313,255
Net profit: £165,000
 
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed
 

Photos

 
Photograph of this business for sale

 

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