Engineering companies for sale in Gloucestershire

View the "Precision Engineering Business in Gloucestershire For Sale" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Leasehold Price: £130,000 Turnover: £122,016 Gross Profit: £60,532
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Business Description
BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and busy precision engineering business in Gloucestershire.

The business was established by our clients` in 1984 and is only now being offered to the market due to our client’s ill health. The business operates 4½ days per week and generates a turnover in the region of £122,000 per annum, with a gross profit of approximately 50%.

Our clients are bespoke manufacturers of press tools and also offer an expert repair service, as well as being able to repair and restore tools from other manufacturers. The fully qualified team of staff provide a full manufacturing and repair service on all types of mould tools, providing tools for a specific application.

Our clients combine design work done on advanced CAD software combined with their own skill to create bespoke and prototype engineering solutions, ideal for a range of industry sectors. There are also an extensive assortment of jigs, fixtures and fittings offered.

The business has built up an enviable reputation within the industry for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours and embarking on a small marketing campaign to highlight the business and services offered. We are advised that our client is happy to offer a handover period to any purchaser.

This is an excellent opportunity for a new owner to take this already thriving and popular business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

LOCATION
This precision engineering company occupies substantial ground floor lock-up premises, ideally located on a small industrial estate in Gloucestershire. The business is surrounded by a wealth of complementary businesses and boasts ample parking facilities. The town centre is just a short drive away and boasts all the amenities needed for everyday living.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is just over 2 miles away. The area is also well served by the A-roads, with two being within easy driving distance, which link to the national A-road and motorway networks.

PREMISES
Ground floor lock-up premises, in an ideal trading location, briefly comprising:

Main workshop.

Roller shutter door.

Gas fired central heating.

Administration office with desks.

Staff room with stainless steel sink and drainer.

WC with hand wash basin.

Equipment included:

XYZ SMX 200 CNC 2 Axis manual milling machine.

XYZ EMX E Mill 2 Axis CNC manual milling machine.

AFAX Series 1100 3 Axis CNC manual milling machine.

XYZ SM 3500 3 Axis CNC manual bed milling machine.

XYZ Mini Mill 560 3 Axis CNC milling machine.

XYZ Proturn VL 355 CNC/manual lathe.

BOB cam system.

Jones & Shipman surface grinder.

Matrix universal cylindrical grinder.

Horizontal band saw.

Colchester Bantam 1600 lathe.

Colite fork lift truck.

Citroen Berlingo van 02 registered.

External:

Car parking facilities.

TENURE
We are advised Leasehold:

Original lease length: 10 years

Remaining lease length: 10 years

Review every: 3 years

Rent: £10,848 plus VAT per annum

HOURS
The business operates:

Monday – Thursday: 7.00am – 4.00pm

Friday: 7.00am – 12.00pm

Saturday – Sunday: Closed

STAFF
The business is owner run and managed with 3 x staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of £122,000 per annum, with a gross profit of approximately 50%.


Tenure: Leasehold

Listed by: Hilton Smythe
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