Engineering companies for sale in Southend-On-Sea

View the "Precision Engineering and Freehold Investment Opportunity" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Freehold Price: £499,950 Price Reduced Sale Agreed Turnover: £100,000 Gross Profit: £20,000
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Business Description
BUSINESS
Hilton Smythe is delighted to introduce to the market AMJ Precision Engineering.  Our client founded the business back in 1970 and has a wealth of experience in this niche market.

The business are specialists in Engineering with a comprehensive range of CNC and manual machinery designed to meet client’s specific requirements.  The business has a team of highly skilled Engineers providing a host of services such as conventional milling, turning and grinding, pressing and forming and full refurbishment services.

AMJ Precision Engineering has an enviable reputation within the sector and has many long standing customer relationships.  The business offers a full technical support service and tailor made solutions for a variety of projects throughout the UK.  The business reports this year’s turnover at circa £100,000 per annum, due to our clients impending retirement but has been highly in previous years.

The freehold unit is 5000 sq ft. The business has a comprehensive list of equipment to suit the trade which is included in the sale.  The size of the premise lends towards either expansion of the current business or could be divided into smaller units and sub-let to other complementary businesses to increase turnover.

The business has an informative website in situ www.amjengineering.co.uk giving further detail about the services offered.

We are advised there are three options within the sale:

Business and premises: £550,000 + SAV

Premises only: £450,000

Business only: £100,000

Early viewing of this outstanding business is highly recommended.

LOCATION
The business occupies a substantial freehold unit on a very well-known and large industrial estate in Southend-on-Sea, Essex.

The business is easily accessible from the A13 and A127 connecting to the M25 and national motorway network beyond.

Southend on Sea is aa seaside resort and a popular place to live and work, with a high majority of residents commuting into the City of London.

PREMISES
Industrial unit briefly comprising:-

Ground Floor

Over 4,000 sq ft

Large office – currently rented out on short term agreement

Toilet / staff area

Small workshop/storeroom

Main workshop with precision machinery

Rear workshop – houses button making machinery and currently rented out to new owner of that business.

First

Over 1,000 sq ft

Office

Second office – currently rented out on short term agreement

Kitchen and staff toilets.

External

Over 2,000 sq ft

3 x large containers used as additional workshops with storage yard

To the front is a car park for 6-7 cars.

A full inventory can be provided.

TENURE
We are advised freehold.

HOURS
The business opens:-

Monday to Friday 9.00am – 5.00pm

STAFF
The business is owner run and managed with the assistance of a skilled workforce of 3.

FINANCIAL PROFILE
The business reports this year’s turnover at circa £100,000 per annum, due to our clients impending retirement but has been highly in previous years.



Tenure: Freehold

Listed by: Hilton Smythe
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