Well Established Precision Engineering Business – South Coast **Sold**

Description

The company specializes in CNC Turning, Milling and Assembly. They excel at quick turnaround, prototyping and cost effective manufacturer of bespoke parts in high volume. The company has an extensive, loyal customer base which has supplied regular recurring revenue over many years. The company also produces their own products.

Asking Price - £2.2M

Current Assets – Circa £1.5M

Stock – Circa £300K

Fixed Assets – Circa £600K

Revenue – £637K

Sellers Profit - £253K

Key Features:
- Very strong balance sheet
- Well established with loyal customer base and recurring business
- State of the art equipment and skill sets
- Quick, cost effective turn around of bespoke parts

Property Details: Leasehold

Location: England South Coast

Reason for Sale: Retirement

PLEASE NOTE:

For additional details or to arrange to view the business, please contact Transworld Business Advisors UK on +44 (0) 1372 540 989 or via email at kgorman@tworlduk.com

To arrange for a viewing or for any other enquiries, please get in touch!..

Listing Details

• Listing Number: 62394-495316
• Location: England
• Price: 2,200,000
• Down Payment: 0
• Sellers Discretionary Earnings: 252,617
• Category: Manufacturing


• Inventory: 300,000
• FF&E: 50,000
• Employees:
• Years Owned: 14
• Reason for Selling: Retirement