Engineering companies for sale in Nottingham

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Mr & Mrs Campbell (Jan 2015)
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Leasehold Price: £114,950 Price Reduced Annual Turnover: £165,000 Annual Net Profit: £30,000
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Business Description


Intelligent Business transfer are excited to offer to this market this great opportunity to acquire an engineering company which boasts an impressive clientele and huge potential.

The business has been established since 1992 and within this time has experienced substantial growth and an ever improving reputation in their industry, due to the quality of their service, skills and quality machinery. The business has a loyal customer base, consisting of independent and national companies, who provide the business with regular and repeat custom.

The business has the skilled work force and quality machinery to accommodate almost any engineering needs of their clients, from bespoke pieces of engineering to repairing different tools. The current owner is happy to remain part of the staff force for an agreed period of time to help in the transition between owner.

The turnover of the business for last year was in the region of £165,000 with strong profit margins due to the minimal overheads of the business. These figures have been achieved with minimal advertising and minimal staffing level. There is huge business growth potential by introducing different marketing methods, such as website, Ad-Words and trade press advertising. It is also advisable to introduce a sales rep to gain more clients which would improve the business revenue significantly.

The business would suit an entrepreneur with a passion for engineering to improve the financial figures further or a large company looking to take advantage of the company’s client base and also grow the financial figures.
Number of Employees: 3

Tenure: Leasehold

Listed by: Intelligent Business Transfer
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