Engineering companies for sale in Greater Manchester

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Imran Ahmed (Nov 2014)
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Leasehold Price: £180,000 Price Reduced Turnover: £513,802 Gross Profit: £329,373
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Business Description
BUSINESS
Hilton Smythe welcomes to the market this specialist precision engineering company that has been in business for over 20 years, with some of the loyal staff having a vast knowledge and experience of this niche market.

The business has an excellent reputation with many repeat jobs from the Healthcare, Medical, Electrical, Security and Firefighting sectors, and a loyal client base which continues to grow.  The business benefits from a very accessible trading location allowing for quick local deliveries.  

The business reports a healthy turnover in the region of £514,000 with a gross profit of circa 64% as per 2015 accounts.

The business operates from substantial premises offering an CNC Machining section, Boring Section, Turning Section and many others.  The business prides itself in the precision machining of small to medium size components in all materials at highly competitive prices, this includes turning, milling, drilling, and tapping with parts manufactured and distributed throughout the UK.

In conjunction the business offers the following services:-

Free estimates
Free delivery
One off jobs
Machining to customers drawings
Machining to customers samples
Free advice on how to reduce component costs.

Early viewing of this long established and reputable business is highly recommended, with the business genuinely coming to the market due to retirement and family commitments.

LOCATION
The business is ideally located in Greater Manchester.

PREMISES
Corner industrial unit with reception entrance door, side door and large door access to workshop.

Through reception door you enter main reception room with desk, chair, computer, telephone point, filing cabinets and draws.  

Toilet facilities.

To the rear of reception is the Directors office with desk, chair, computer, filing cabinets and telephone point.  Large reception area with desk and further desk behind.

Engineering shop floor with large floor space with engineering machines and forklift truck.

First floor.

Mezzanine floor with store room, tool room and stock room - kitchen breakout area WC and hand wash sink.

All machinery and equipment listed is included in the sale assets worth 200,000

Roller shutter doors over the windows reception door and large entrance.

Excellent free car parking.

Equipment

Department breakdowns as follows:-

CNC Section

WT-250 NAKAMURA, TOME 6 AXIS TWIN SPINDLE LATHE WITH POWER TOOLING

WT-250 NAKAMURA, TOME 6 AXIS TWIN SPINDLE LATHE WITH DRIVEN TOOLING

TOOLING ON BOTH SPINDLES AND MULTI BAR FEED

DAINICHI F25 CNC LATHE WITH 66MM DIA BARFEED

DANICHI F30-600 CNC LATHE WITH 12" CHUCK AND FANUC OTF CONTROL

ENSHU VMC 430 VERTICAL MACHINING CENTRE WITH 4TH AXES SIMULTANEOUS CONTROL

FANUC SYSTEM 10M-A CONTROL

LEADWELL MCV-760/1000CR VERTICAL MACHINING CENTRE WITH 5 SECONDS TOOL CHANGE CHIP TO CHIP

MIYANA BNC 205 AXIS CNC TURNING CENTRE

NOVAR 1500 NC UNIVERSAL MILL 60" X 14" TABLE

53" 16" TABLE, 32-1600 RPM. 50 INT

MITUTOYO COORDINATE MEASURING MACHINE

HAAS ELECTRONIC INDEXER

BORING SECTION

THIEL DUPLEX 158 UNIVERSAL FINE BORER WITH 3 AXIS DIGITAL READOUT

TURNING SECTION

IKEGAI CENTRE LATHE WITH DIGITAL READOUT AND HIGH SPEED COPY ATTACHMENT 20" SWING

HARRISON M400 CENTRE LATHE WITH DIGITAL READOUT AND TURRET ATTACHMENT 16" SWING

WARD 2DS CAPSTAN LATHE 9" SWING

MILLING  SECTION

CINCINNATI HORIZONTAL MILL 50 INT.48" X 12" TABLE

DRILLING SECTION

POLLARD 4 SP DRILL, ONE SPINDLES WITH HS TAPPING

POLLARD 4 SP DRILL, TWO SPINDLE WITH HS TAPPING

POLLARD 3 SP DRILL, ALL WITH POWER FEED

TENURE
We are advised leasehold

Currently 6 months remain on the lease, however we are advised the landlord is flexible to extending or giving a new lease, with terms and conditions to be agreed.

Rent is £1666,66 per month.

HOURS
The business is open:-

Monday to Friday 9.00am – 5.00pm

STAFF
The business is run and managed by 3 Directors with the assistance of 5 skilled and semi-skilled staff members.

FINANCIAL PROFILE
The business reports a healthy turnover in the region of £514,000 per annum with a gross profit of circa 64% as per 2015 accounts.


Tenure: Leasehold

Listed by: Hilton Smythe
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