Aerospace & Automotive Precision Engineering
Location United Kingdom
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1986
Number of Employees 4 - 5
Inventory 0
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training Vendor will Support.
Reason for Sale Retirement.
Description Ref No:IS18.
Asking price: Aœ360,000.
Inclusive of work in progress, material stocks, tools and machinery. Genuine Retirement Sale.
The owners of this business have used its automated precision Machining capabilities and reputation for unstinting attention to quality to develop a very profitable business within the automotive and aerospace industries. The company has been built on integrity and offers a very reliable & dependable service, which has been established for eighteen years.
Within its leasehold modern 13,000 square feet property, the company produces critical components for manufacturers of bespoke pressing and tooling.
The pending retirement of the founders and owners of this eighteen year-old company creates a rare opportunity for a new knowledgeable owner/investment team to take this solid business on to the next level. There are considerable opportunities for expanding the company's revenues and profits within the existing customer base as well as through marketing efforts targeting new prospects within these same, robust industries.
With a total of skilled and loyal twenty employees, the company has a full team of experienced staff in place. Staff turnover has been extremely low with the average tenure of its staff being over eight years. The current owner's acts as the company's principle management and, to insure that the transition to a new owner occurs without disruption are willing to continue on in the business for a period of time. While the company has an excellent, informal work atmosphere it employs ''best practices'' concepts in its operation. For instance, the company operates in conformance to tough, international ISO-9002 with commitment to 2000 quality standards and has formalised its employment policies. Further accreditations include AF9100 (Aircraft Industry) and ISO 14001 (Environmental). Contact for more information on this Aerospace & Automotive Precision Engineering business for sale.
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