Engineering companies for sale in Leicester

View the "Well-Established Precision Grinding Engineering Business in Leicestershire **Open to Reason Offers**" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Well-Established Precision Grinding Engineering Business in Leicestershire **Open to Reason Offers**

Leicester, Leicestershire, England

  • Price: £650,000  Price Reduced arrow_drop_down
  • Annual Turnover: £440,110
  • Annual Net Profit: £166,469
Seller Reference: 04305
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Business Description
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Seller Reference: 04305
Request Details
Business Description

Intelligent Business Transfer are pleased to bring to the market an excellent opportunity to acquire a well-established and profitable Precision Grinding Engineering business in Barwell, Leicestershire.
Trading for many years, the business has developed a strong reputation within the industry for producing high quality precision engineered machined components for large businesses, including the auto trade. The business is a family run concern that prides itself on delivering excellent customer service.

Established in 1999, the business has demonstrated year on year growth and now achieves an annual turnover of £410,000. With a turnover in the ascendency and a high level of repeat custom, the business represents an ideal opportunity for a new buyer to purchase a going concern with development potential.

Areas for growth include relocating to larger premises enabling the business to acquire additional staff in order to fulfil more contracts. Currently demand for the businesses services outstrip their capacity resulting in new custom occasionally being turned away. With additional employees and the necessary increase in space, a new buyer could implement a marketing strategy to expand the customer base and ensure the business continues to thrive.

Intelligent Business Transfer have been approached to find a suitable buyer for this superb opportunity which is ideally suited to an entrepreneur with experience in the engineering industry. The current owner has developed a profitable and highly-regarded business which is now primed for future growth.
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