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IG015-Electronics Design and Manufacture

Asking Price: GBP 335000
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Business Location: United Kingdom » Manchester » Manchester 
Category: Manufacturing » Electronic & Electrical Equip.
Description:
Electronics Design and Manufacture
Of Chemical Analysers, Industrial Control Equipment and Custom Solutions
Confidentially offered for sale

Ref No: IG015
Location: Manchester
Relocatable: Worldwide

Asking price: £335,000
This family owned business was founded in 1977 and has grown since inception to become an established UK company that specialises in bespoke electronic design, development and manufacture, particularly for 'non-electronic' companies who either use them in their products, or sell them on under their own brand name.

The company specialises in chemical analysers and controllers for various chemical processes, including electroless nickel plating. Their product range also includes industrial control timers, temperature controllers, current sense units, level controllers, fire display panels, flow meter totalisers, control equipment for the ground engineering equipment industry and gas leak detectors.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 1971
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Reasons for selling:
The owner and his wife are approaching retirement age. They are happy to support a new owner of the business by providing support and training for a negotiated period of time. The vendors are keen that the integrity of their equipment will be retained following the years of building up their business and reputation
Market competition and expansion:
The company has never needed to advertise its products and services. To date the business has relied upon the quality of it products; and success has been achieved through word of mouth recommendations and repeat business. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and the practice regards its existing clients as its best advertisers and maintains an impressive base of repeat clients, whilst continuing to attract new referrals.
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