We are pleased to have been appointed to find a purchaser to acquire the entire share capital of a profitable, well established precision engineering firm. The group has only become available for sale due to our client wishing to retire.
Three directors currently run the business, with the support of the management team, as well as assistance from the production and admin staff.
The speciality of the company is the manufacturing of precision sheet metal fabrications, including:
The business has strong links with a large customer base, including a local national construction machinery manufacturer.
Plant and machinery is continually updated and maintained to ensure the company’s reputation for excellence is upheld. The most recent investment was to upgrade the powder coating machinery.
Operations are undertaken from one site, with an excellent workshop space that is bespoke to the business, alongside ample office space and outside yard space. All of the premises has been well maintained and is in a good state of repair. The acquisition of the site next door means more space for the company to grow and expand its capabilities and output.
The business is a high cash generating operation, with minimal debt of around £200,000 in hire purchase agreements.
This is a must view business that offers great potential for the right purchaser as either a standalone operation, or as a complementary offering to an existing business.
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