Business description

The business was originally established in 1969 to provide a precision engineering service. The business carries out sub-contract work for a prestigious list of regular customers and enjoys a good working relationship and regular work from a number of companies across the UK.

Property information

Property:

Freehold

Location:

The business is East Midlands based

Premises details:

The business operates from an industrial property affording approximately 230 square meters including production workshop, inspection office, mezzanine storage area, administration offices with kitchen facilities and staff toilets. To the side of the property there is a large concrete yard used for storage and staff and customer car parking. The business can relocate on sale

Other information

Expansion potential:

Our clients have fully recognised that the business size, turnover and profits could be increased through the following:

1. Producing a new web site to promote company
2. Introducing technical sales members of staff
3. Increasing employment of engineering staff
4. Growing business with existing customer base
5. Investing into new, more efficient plant and machinery
6. Moving to purpose built factory

Reasons for selling:

Retirement

Trading hours:

The business operates a single day shift, working 37 hours over a 5-day week, Monday to Friday