Well Respected Engineering Company With Aerospace Industry Expertise

Price:

Leasehold - £32,500

Turnover:

Seller Ref:

9810CM

Location:

Essex

Business Type:

Corporate Businesses, Manufacturing companies

See Other:

Engineering companies for sale in Essex
Engineering businesses for sale in Essex
Manufacturing companies for sale in Essex
Corporate businesses for sale in Essex

Description:

THE BUSINESS:

HISTORY

• Established by vendor in 1978
• Excellent general engineering reputation with aerospace industry expertise developed in latter years
• Work undertaken for a variety of clients including blue chips
• Staffing up to 3 in the past, now run at a pace to suit the vendor’s lifestyle
• Agency for Adams Lubetech Ltd covering Essex and Hertfordshire obtained

REASON FOR SALE

• Retirement

PRODUCTS

• Range of consumables stocked for use within lubricant pumping systems
• Agency for Adams Lubetech Ltd servicing existing customer base

SERVICES

• Design and manufacture of:
o Test rigs and oil conditioning rigs
o Special purpose machinery and bespoke designs
o Electrical control panels
o Lubrication equipment and systems
• Consultancy

CUSTOMERS

• Extensive customer list extending to several hundred ideal for renewed marketing campaign
• Work undertaken for blue chip companies
• High repeat rate

SUPPLIERS

• Consumables sourced from a wide range of trade suppliers

STRENGTHS

• Recognised name within the industry
• Excellent contacts with existing customer base
• Low overheads
• Solid reliable financial performance
• Located close to London
• Expertise within the aerospace industry (vendor happy to assist
• with handover period or consultancy)

SCOPE

• Considerable opportunity of business development activity exploiting extensive customer records
• Website development
• Advertising and marketing
• Development of business into allied fields
• Current premises under utilised
• Re-locatable

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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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.

Location Details:

• Trading from industrial unit in rural Essex • Ample parking for staff and visitors • Easy access to M11 and London

Trading Hours:

• Office hours during the week • Occasional weekend work if contracts dictate

Accommodation:

• A traditional workshop unit, with storage area, parking and first floor office accommodation • Manual lathe • Gas powered fork lift truck • Quantity of electrical meters • Quantity of hand tools