Precision Engineering for sale in Merseyside

View the "Precision Engineering & Toolmaking Company North Liverpool Area" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We were absolutely overwhelmed by the response to our sales advertisement for our Bath Coffee Shop. 

Mike Watts and Wendy Race (September 2016)
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Leasehold Price: £155,000 Annual Turnover: £384,000 Annual Net Profit: £23,000
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Business Description
BUSINESS

Long established family business for sale due to the forthcoming retirement of the directors. The companies' activities include the manufacture of one offs and small batch quantities of high precision parts for a customer base that includes multi-national companies. It has an excellent reputation for high quality work and would be ideal for combining with a similar existing business.

Asking price - £155000 (leasehold premises, plant & equipment and goodwill) plus current assets as per balance sheet.

The directors would prefer to sell the complete shareholding but would also consider transferring the business on a TUPE basis (with the option of buying the leasehold, plant and equipment).

PREMISES

Detached leasehold property (peppercorn rent) - 27 years of lease remaining (no mortgage). Located on an industrial estate with easy access to motorways.

10,000 sq ft workshop - steel frame with brick walls and profiled steel roof (heated with two freestanding gas space heaters).
700 sq ft offices - brick construction.
38000 sq ft total site area.

PLANT & EQUIPMENT

Wide range of turning, jig boring, milling (including CNC) and grinding machines.
Trading Hours:
8.00 am to 4.30 pm - Monday to Thursday
8.00 am to 3.30 pm - Friday

Number of Employees: 5-10

Tenure: Leasehold

Is this business relocatable: Yes

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PAX01258628753
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