Business for sale in United Kingdom – South Cheshire/north Staffordshire – England – Ix024-precision engineers & manufacturing co. serving the food industry- south cheshire/north staffordshire

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Business for sale in United Kingdom - Ix024-precision engineers & manufacturing co. serving the food industry- south cheshire/north staffordshire

Asking Price: 360,000 £ Real Estate: Lease
Sales Revenue: 720,000 £
Net Profit: 1 £
Year Established: 1993
Employees: 7FT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/England/South Cheshire/north Staffordshire

Business types:

Manufacturing

Business categories:

Machinery, Excluding Computers ; Other Manufacturing

Business description

this well established and reputable business was set up by the vendors over 20 years ago and in that time has grown into a highly skilled and professional precision engineering and manufacturing company serving the food industry. The company designs, manufacturers and supplies a range of specialist machinery and associated parts and components to a range of large companies involved in the food industry. The majority of products supplied are manufactured in stainless steel material to a very high specification. The company provides a complete turnkey solution from initial design through to supply and installation on a nationwide scale. The company supplies direct to the end user/manufacturer and their approved contractors and as such can boast some prestigious blue chip companies amongst its clientele. Typical products this business supplies include: • food cutting machinery • conveyors • drainage systems • sheet and tubular stainless steel fabrications • factory furniture the business has a highly skilled workforce and manufactures and supplies to exacting standards. Its infrastructure is such that it can meet the most demanding customer requirements. The business has built up a sterling reputation based on quality, knowledge and superior product design and manufacture . The company currently carries out pretty much all production in ensures excellent quality control and superior product delivery.

Additional information

Additional information: Not Disclosed
Support & training: The current owners would be happy to provide full training and support at handover.
Reasons for selling: The vendors are planning their exit strategy
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: The business operates from ideal leasehold premises on a small industrial estate. Current lease is for 10 years with approx 2years remaining. Rent is circa £14,000 p.a. Rates are circa £9000 p.a. The premises are circa 11,000 square feet including shop-floor, reception, office area, kitchen, canteen and toilets. The business currently only utilises circa 8,500 square feet. There is also an external yard with parking. The site is alarmed (Redcare), and secure.
Location: Not Disclosed

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