Press Tool Manufacturers, East Lancashire

Price:

Offers invited

Turnover:

Seller Ref:

1029

Location:

Lancashire

Business Type:

Corporate Businesses, Manufacturing companies, Service Businesses

See Other:

Engineering companies for sale in Lancashire
Other manufacturing companies for sale in Lancashire
Engineering companies for sale in Lancashire
Manufacturing businesses for sale in Lancashire
Miscellaneous businesses for sale in Lancashire
Manufacturing companies for sale in Lancashire
Service businesses for sale in Lancashire
Corporate businesses for sale in Lancashire

Description:

THE BUSINESS:

The business is a specialist manufacturer of press tools, jigs and fixtures. Established for approximately forty years the business is an ISO9002 Company and holds a strong reputation for delivering quality precision engineered press tools time efficiently.

Employing an experienced workforce of skilled toolmakers the business has embraced technology in order to stay at the forefront of industry, and retains a core of mainly multiple profile clients.

The Company provides a full tool making service from initial consultation to understand a client brief, to design, manufacture, tryout and service.

Typically the Companies services are retained by clients operating in automotive, aerospace, electrical appliance and component manufacture, and cooker manufacture.

The Company operates from engineering workshop and office premises of Freehold Tenure that can be optionally factored into sale negotiations on either a Freehold or Leasehold basis.

Our clients advise that a period of handover/ongoing consultancy can be factored into sale negotiations.

KEY FINANCIALS: ’08 T/O £730k Adj. Net £75k
'09 T/O Projection £900k, Net Profit (8months) £91k

ASKING PRICE: £OFFERS INVITED