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8910B WEST MIDLANDS LEASEHOLD: £295,000 DIE SINKERS TO THE FORGING TRADE

Asking Price: GBP 295000
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Business Location: United Kingdom » Buckinghamshire » WEST MIDLANDS 
Category: Manufacturing » Machinery & Metal Mining
Description:
Advent Business Sales have been instructed
to offer for sale this well established and
extremely reputable business.
Established in 1991 by the vendors and
operating from its current location since
2001, it has now reluctantly been offered for
sale due to the vendor’s plans to retire.
The two directors with two further full time
tradesmen staff the business.
Our clients manufacture and design die casts
and forging moulds for the steel and coal
industry.
The business has built up a healthy
relationship with a number of corporate blue
chip clients, who are supplied on a regular
basis.
Approximately 90% of the orders are repeat.
Our clients work to a very high standard and
subsequently have invested heavily in plant
and machinery. A conservative estimate of
£300,000 would quantify the value of
equipment.
The business has a healthy forward order
book, normally consisting of about £20,000
for the following month.
All work is generated through repeat orders,
no advertising is currently done.
REF: 8910B
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
179000
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 1991
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 02 full time
No of trading hours: Mon – Sat: 8.00am – 5.00pm
Reasons for selling:
Established in 1991 by the vendors and operating from its current location since 2001, it has now reluctantly been offered for sale due to the vendor’s plans to retire
Market competition and expansion:
There is genuine scope to increase trade and profits considerably by: 1. Introducing double shifts 2. Accommodating further orders and increase work load 3. Currently production is operating at 40%, the growth possibility is immense
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