Business description

The Company specialises in the manufacture, supply and distribution of a wide range of Diamond and Super Abrasive Grinding Wheels and Tooling, to a broad range of industry sectors within the UK and overseas.

Providing services in manufacture, refurbishment and own brand supply, the Company holds a valuable live database of over 100 account customers, the majority of whom are of multiple profile.

Offering a strong and recognized profile the Company holds an excellent reputation within the industry, which is reflected in approximately 80% of business being of repeat source.
Typically the Company’s services are retained by clients from Composite Fibreglass, Bearing Manufacture and Automotive industries.

The Company is operated from office and workshop premises of Freehold Tenure that can be optionally factored into sale negotiations on either a Freehold or Leasehold basis. Alternatively should an acquirer wish to re-locate the Company, this would be considered.

Our clients advise that a period of handover/ongoing consultancy can be factored into sale negotiations.

KEY FINANCIALS: T/O £313k, Adj. Net £38k

ASKING PRICE: OFFERS INVITED

Property information

Property:

Freehold