Precision Gauge And Tool Engineers
Price:
Leasehold - £260,000
Business Type:
Corporate Businesses, Manufacturing companies
HISTORY
The vendor has been in ownership since 1993. A well known and respected business throughout the UK established by the current vendor.
PRODUCTS
The business offers a complete service of design, manufacture and calibration of Gauges, Gauging fixtures, CMM workholding fixtures, Assembly tooling and fixturing and most precision tooling and machining.
It also manufactures Gap, Plug, Ring, Taper, Form, Acceptance and Receiver Gauges. Plus Gauging fixtures to incorporate simple Go / Nogo devices, dial indicators, or electronic probes for data output.
The business is Ukas approved to calibrate and certify all of the products which are manufactured in-house. It can supply certificates with new gauges or as part of an ongoing re-calibration system.
CUSTOMERS
The business has a large number of very high profile customers.
FINANCIALS
Accounts for 2010 are reported to show sales of £379,021 with a gross profit of approx 46%.
OVERHEADS
Staff TBC
Rent £14,400 pa
Rates £5,000 pa
PREMISES
Operating from a 2,500sqft unit, and briefly comprising;
• 2 x Offices
• Large workshop area with high level of high spec equipment
• External parking
STRENGTHS
• Excellent location
• Extremely well established with superb client base
• Superb premises
• Rare opportunity
SCOPE
Ideal bolt-on for existing engineering company with relevant experience
TENURE
Benefits from a 3 year lease from 2008 with 3 yearly rent reviews.
Rent: £14,400 pa
Rates: £5,000 pa
VIEWINGS:
A non disclosure agreement will have to be signed and returned prior to any further information and viewing.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
The business is currently located on a busy industrial estate in Staffordshire, has excellent parking facilities and access to the main motorway network.
TENURE
Benefits from a 3 year lease from 2008 with 3 yearly rent reviews.
Rent: £14,400 pa
Rates: £5,000 pa
North Yorkshire
£ 750,000
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