Total of 17099 firms and businesses for sale today Tuesday 7th February 2012
Business For Sale. Very High Precision Machining Company
LISTING DETAILS
Firms For Sale ID:
8237
Vendor reference:
IT069
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£605,000
Turnover / revenue:
£1,300,000
Net profit / cashflow:
Undisclosed
Years established:
40
Trading hours:
The business normally operates a single shift system of 40 hours per week and overtime as required.
Number of employees:
20
OTHER DETAILS
Reason for selling:
The business was purchased by the current owners in 2003 with a plan to run it for five years before returning it to market.
Support and training:
The current Owners will provide all necessary training and all relevant contacts to ensure a smooth transfer of the business to new Owners.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Very High Precision Machining Company
Ref.IT069
Location West London
Asking Price £ 605,000
Established for over forty years, and acquired by the current owners just over five years ago, this company produces super precision parts for some of the UK’s leading companies and has a particular presence in the aerospace industry.
Capable of prototype and small batch precision machining in a variety of materials, a very large proportion of the £1.3 million plus turnover of this business relates to the processing of very high precision parts. In many cases the components this business manufactures fulfil a ‘safety to life’ critical role, consequently this business operates to very high tolerances indeed - accuracies of .005mm.
This business operates from very well suited premises in close proximity to excellent motorway links with easy access throughout the South East of England. Its facilities include a wide range of CNC lathes both for bar fed and chucking applications. Numerous vertical CNC mills provide capacity for 'one off', prototype, medium or large batch production of components for Aerospace, Defence and other commercial applications.
This business has invested significantly in plant and machinery on a regular basis and has established a particular reputation within the industry for its flexibility and ability to meet customers’ ever changing requirements, promptly and efficiently. This business is frequently called upon to work very closely with design teams in the development of solutions to particular problems. It has a highly skilled and dedicated workforce that has adopted a ‘hands on’ approach to meet the most stringent customer demands. Customer confidence is maintained and improved by the application and maintenance of a quality programme audited to AS9100/BS EN ISO9001-2000 standards with Traceability key. As a result, this business has established firm and long-term partnerships with many customers, which include some of the world’s biggest players in the sector in which this business operates.
With a turnover of approximately £1,300,000 this is an excellent opportunity to acquire a very well established super precision engineering specialist working to the very highest standards.
There is an outstanding opportunity to build on the existing business levels and customer base of this company. With the capabilities it has through its plant and machinery and the very high skill sets within the business, new Owners contributing fresh ideas, drive, enthusiasm and investment, particularly in the areas of sales and marketing will have every advantage of building on an excellent platform.