Veeract (Portapack) Ltd Excellent Engineering Business Great Price

Price:

Leasehold - £79,950

Seller Ref:

1444BW

Location:

Lincolnshire , East Midlands, Spalding

Business Type:

Agricultural Businesses, Corporate Businesses, Manufacturing companies, Service Businesses

See Other:

Description:

THE BUSINESS:

Veeract is a well established Engineering Company operating for successfully for 25 years. Located equidistant between Spalding Lincolnshire and Kings Lynn Norfolk.
This business is re-locatable and is for sale due to the owners wish retire. This business is unopposed. No customer accounting for more than 20% of turnover.
There is opportunity to maximise the potential within all the divisions of Veeract.
This is a Family owned business and Veeract is held in high esteem by their client base and their skills and expertise is in constant demand. Veeract clients and contracts are located with a 40 mile radius of the workshop. The business can be re-located to other premises at present it is operating comfortably in workshop buildings of some 109 sq metres adjacent to owners home. There are 3 divisions to this business.On site maintenance and calibration for food factories. On call and demand precision lathe and milling for the above and other clients predominantly in the Food Production Genre. Filtration Machine rights and distribution of parts Worldwide. There is potential and opportunity to market the filtration equipment in UK thus expand the income stream in this sector of the business. Veeract has also in their portfolio other interesting supplementary work streams that are conducive to the main business that can be assessed and divulged at an initial viewing.
Property: Operating from unit extending approximately 109 sq metres.Which includes workshop, office, toilets and storage.