Total of 17099 firms and businesses for sale today Tuesday 7th February 2012
Business For Sale. Precision Engineers Specialists In Precision Machined Components
LISTING DETAILS
Firms For Sale ID:
8248
Vendor reference:
IT075
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£1,250,000
Turnover / revenue:
£800,000
Net profit / cashflow:
Undisclosed
Years established:
21
Trading hours:
Monday – Thursday: 8:15 am - 4:45 pm
Friday: 8:15 am - 1pm
Number of employees:
15
OTHER DETAILS
Reason for selling:
The vendor is looking forward to retirement in order that he and his wife can take life more easily.
Support and training:
The owner is happy to provide support and training to ensure a smooth transition of ownership.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Precision Engineers
Specialists in precision machined components
Ref.IT075
Location Northern Ireland
Asking Price £ 1,250,000
This business is an Engineering Company manufacturing high quality precision engineered turned and milled components, from one off to large batch quantities of between 1 to 50,000 off’s, all machined to specified drawings received from customers. Skilled fitting and assembly work is also provided for customers.
The business takes pride in the standard of products that are produced for the many customers who include large national and international companies in the Computer, Chemical, Petrochemical, Pharmaceutical, Tobacco, and Brewing Industry, as well as many other smaller companies.
The company specialsies in sub-contrating high quality, high tolerance precision enginneered components. A lot of the work that is undertaken is specialised so the business has the highest specification machinery to fulfill customer requirements. All machinery combines the strength of traditional engineering with the flexibility of modern C.N.C. technology. The skilled team handle different jobs and have the ability to turn jobs round quickly, bringing solutions to customers problems.
The business has experienced structured growth since inception in 1989 and has continued to grow over the years because of its conviction that the customer comes first. With an excellent reputation the business prides itself on providing a level of service not usually associated with sub-contract engineering.
There is an opportunity to develop further business on the company reputation, also by increasing the work force and advertising. Continuing to work with existing customers and investment in these areas could offer the potential of tripling the business.
The market outlook is very good and the company offers a new owner plenty of excellent growth potential and a strong market base, making it a business that is on the right track to the next level of business.
With established account customers, this successful business enjoys a sterling reputation for quality, excellent service and value, not to mention a high demand for its wide range of precision engineering.