Product Design, Development And Testing Laboratory
Location United Kingdom
Asking Price Range $250K - $500K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1940
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training All members of the current management team are keen to continue to work within the business on an on-going basis to ensure business continuity.
Reason for Sale The current owners feel the time is right to seek investment to help realise the full potential there undoubtedly exists within the business by building on the excellent foundations already laid.
Description Product Design, Development and Testing Laboratory confidentially offered for sale.
Ref No: IQ008
Location: S E England
Asking price: Offers in the region of 205,000
The business was established in 1940, and following a Management Buyout by the current Owners since 2003, this business is one of the UK's leaders in product testing, product design and development. Capable of working across the full range of industrial and consumer products - metals, plastics, rubber, sealants and adhesives - excluding testing on animals and humans, this very high calibre organisation works very closely with its Clients across all sectors to develop high performance products and systems to improve their turnover and profitability. It is particularly well known within the Aerospace, Construction, Manufacturing, Automotive and Marine sectors.
This business undertakes a full range of testing to meet all requirements - climatic, environmental and tack testing right through to salt spray or heavy rain. As well as its standard tests, this business is frequently involved in designing 'novel', bespoke testing methods to meet the specific requirements of a product and its use. Priding itself on its ability to think 'outside the box' in order to develop innovative and unique testing methods this business is often involved in building specific machines or rigs to simulate or accelerate usage either using the Client's facilities or those of its own. Contact for more information on this Laboratory for sale.
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