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Mr K. Hall (November 2016)
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Asking price: £30,000
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Business Description
Up for sale is my complete production-line for the manufacture of centre-pin reels together with scuba diving equipment that my former engineering subcontracting company developed. Having been in business for well over 25 years, I retired and closed my factory. I am therefore wanting to dispose of the tooling and production drawings for the manufacture of some 25 centre-pin fishing reels, together with 5 scuba diving products. The aski9ng price is £30,000, which includes over £10,000 of pieceparts stock, thus enabling a rapid restart of production. Potential buyers for these product-lines are likely to be an engineering company that wants to add this as a bolt-on range to their existing production facility, or a di9stributor with overseas manufacturing contacts that can produce the reels on their behalf. The tooling, which includes progression press tools, jigs, drill jigs, and fixtures, originally costing more than £60,000, thus making this packing a bargain. The additional floor space required for this facility will be approximately 500-600 square feet, assuming that conventional lathes, mills, and drilling machines are already available. .

The fishing reels consist of:

• Leeds 4.00” trotting reel.
• Leeds 4.75” trotting reel.
• Leeds 5.50” trotting reel.
• Leeds Classic 4.00” centre-pin reel.
• Leeds Classic 4.75” centre-pin reel.
• Leeds Classic 5.50” centre-pin reel.
• Swift 4.00” centre-pin trotting reel. (limited edition)
• Magnum Blue 4..25” centre-pin trotting reel. (limited edition)
• Magnum Black 4..25” centre-pin trotting reel. (limited edition)
• Matchman 4..25” shallow spool trotting. (limited edition)
• Castaway Classic 4.625” side casting centre-pin trotting reel.
• Quest 4.25” side casting centre-pin trotting reel.
• Lewtuf 5.0” sea reel (tufnol & brass)
• Lewtuf 6.0” sea reel (tufnol & brass)
• Lewtuf 7.0” sea reel (tufnol & brass)
• Lewtuf 8.0” sea reel (tufnol & brass)
• Lewtuf 10.0” sea reel (tufnol & brass)
• Lewtuf 12.0” sea reel (tufnol & brass)
• Lewpoly 5.0” sea reel (polymer & brass)
• Lewpoly 6.0” sea reel (polymer & brass)
• Lewpoly 7.0” sea reel (polymer & brass)
• Lewpoly 8.0” sea reel (polymer & brass)
• Scarborough 6.0” sea reel (wood & brass)
• Scarborough 8.0” sea reel (wood & brass)
• Scarborough 10.0” sea reel (wood & brass)

Prototype reels that have not be put into production are as follows:

• The specimen 4.25” Camo reel.
• The Flick-ham 3.5” Camo reel.
• The ratchet and check 4.25” wide spool reel (un-named)

The owner has various ideas that can be incorporated in above three reels to enhance their sale-ability. Foremost of these is a surface pattern of recesses to reduce weight without the loss of structural strength. This is a feature modern fly fishermen are demanding.

Potential buyers will be please to discover that all the tooling has been specifically designed for both the production and assembly of the reels, hence reducing the manufacturing cycle, and therefore reducing basic production costs.

The tooling (which consists of gravity die casting moulds, punch tools, progression punch tools, form tools, drilling jigs, together with other jigs and fixtures), are all relatively compact and easily transported, thus making it simple to transfer to a new facility. A number of parts are common across similar reels, thus reducing levels of stock and making it easier to transport to a new facility.

Not only are the piece parts fully tooled, but there are engineering drawings for all items, thus making it easy to document a history of modifications and improvements over time which will assist with any future development considerations. It also facilitates the use of outside contractors for any items that cannot be made in house. Substantial stocks of the piece-parts from the last production-run are available, making it relatively easy to "kick start" the production-line back into producing reels. Substantial stocks of piece-parts from the last production run are available, thus making it far easier to get the production-line back up and running.

Over the years, samples of these reels have been submitted to magazine editors for inclusion in comparision trials with other manufacturers, so as to give the fishermen an averall appreciation of the quality of the individual reel. We are proud to say that these reels have achieved either first or second place in these trials. In fact in February 2004, two reels were submitted to the Coarse Fisherman magazine, for a trial against six other major manufacturers, and achieved first and second place with the Magnum Blue and the Leeds Classic respectively.

In addition to the fishing reels, there are four reels and a slash knife that have been designed and developed for the scuba diving industry and are included in this sale. These are: the Di-Tuf S.M.B. reel, the Di-poly S.M.B. reel, the Light-line wrecking reel, the Shot-line/Anchor reel, and the moli-filament fishing net slash knife. All of these five items are safety products that are essential for every dive.
Location Details: ```

Is this business relocatable: Yes

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