Business description

This is an opportunity to purchase a highly regarded supplier of bespoke Mechanical Engineering Components to many of the world's most exacting customers e.g. Rolls-Royce plc, M.A.N., Gardner, Metcalfe Railway, Bentley Motors, M.O.D. etc

The company has been painstakingly built over the last thirty two years and now has an enviable list of clients among the finest global engineering companies. The company has taken increasing advantage of large public companies' wish to outsource bespoke and small batch production which they consider to be below their acceptable and economic order quantity. Because they require the highest standards of materials and production quality the selection of potential suppliers is extremely rigorous. This company has established the highest levels of integrity and reliability and is wholly trusted by its clients and is a preferred supplier. It is a holder of ISO 9001:2008 and its customer service is second to none.

The business has focussed on the supply of components to the compressor, automotive, railway and defence industries and has over twenty regular clients. Any potential buyer would need a familiarity with engineering drawings and experience of top quality materials and production standards. The ability to deal with top class mechanical engineers from around the world would be important as many of the components are sourced outside the UK.

Financially the company has very attractive margins and a strong profit record. As it is in a growing business services sector the long term potential is very attractive and the current owner will assist the buyer in identifying growth opportunities. Its current business premises are privately owned but the business is readily relocatable.

The business would suit an individual with strong links to leading engineering companies or to a smaller quality engineering supplier wishing to grow and gain access to the world's most discering buyers.

The company is privately owned and the owners wish to sell the trading name and shares in the business as they wish to retire. The owners are prepared to provide negotiated support at whatever level the buyer wishes for a period of up to five years as they recognise the crucial importance of maintaining excellent customer relations during the period of transfer.

Property information

Location:

Although situated in North Yorkshire this business can be transferred to any location as no machinery is involved.

Premises details:

N/A

Other information

Expansion potential:

Great potential to move into other mechanical engineering fields where MOQs are small and standards exacting.

Competition / Market:

No direct competition as the business has made its own niche and its clients are very happy with its service. Any potential competitors would find it difficult to build the relationships needed with such demanding clients.

Support & training:

The sellers will provide all required support ona basis to be negotiated.

Reasons for selling:

Retirement

Trading hours:

09.00 - 17.30 Mon.-Fri.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Owners would consider partial financing.

Inventory / Stock value:

£30,000