Precision Engineering Business, Southern England. Retirement sale. T/O 2022 £2.8m

  • Price: Price on Application (POA)
  • Annual Net Profit: £628,000 ADJ EBITDA
  • Annual Turnover: £2,800,000
For Sale

Precision Engineering Business, Southern England. Retirement sale. T/O 2022 £2.8m

  • Price: Price on Application (POA)
  • Annual Net Profit: £628,000 ADJ EBITDA
  • Annual Turnover: £2,800,000

Description

Long established Precision Engineering Business for sale due to Retirement.
Established in 1970’s, family owned. ISO9001 accreditation. Vast experience in the sustainable energy market, along with, aircraft, design. fabrication, medical, to name a few.
Large Plant list circa 34 machines, including mostly Haas, plus 5th Axis machinery, Hurco, Hardinge, Doosan. Vehicles x 2.
Company Trademarked.
Leasehold property until mid 2024 with an option to renew premises.
Excellent staff database.
2022 Turnover £2.8m, ADJ EBITDA £628k

Leasehold Terms:
2 premises. One main premises, lease to be renewed July 2024. One satellite unit, lease to be renewed 2027, break clause in 2024.
Trading Hours:
Mon - Fri 8am - 5pm
Number of Employees:
22
Support and Training:
Directors are willing to provide a comprehensive handover for an agreed period of time.
Location Details:
Southern England
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock included with sale

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