Engineering Business for Sale as a Going Concern

Description

This business has sold.

The Company manufacturers a range of high specification sheet metal components and engineered steel components to a range of significant manufacturing clients.

The purchase will be executed at the earliest opportunity. All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Valuation as appointed agent on behalf of the Vendor.

Company available for sale as a going concern.

Business Overview

• Long Established Sheet Metal Fabrication company;
• Established client base and long established relationships;
• Freehold Factory Premise extending 503 sqm (5400 sq.ft.) in an established industrial location in South East of England;
• Complete inventory of owned manufacturing assets including CNC press brakes, CNC guillotines, CNC punch presses, conventional engineering machine tools (lathes, milling machines), metal forming equipment and welding equipment;
• Highly skilled workforce;
• Turnover (full year to 31/10/16) £617,185 & (full year to 31/10/17) £459,370.
• Freehold Premises;

High Level Financial Information

Financial Statements For:

• 12 months to 31 October 2016:
• Turnover: £617,185
• Net Profit/(Loss): (£4,159)

• 12 months to 31 October 2017:
• Turnover: £459,370
• Net Profit/(Loss): (£74,380)

Location

South East, UK.

Deadline for Offers

Indicative offers no later than 12 noon on Wednesday 21 February 2018, all offers to be supported by proof of funds.

Further Information:

For further information please contact Damian Short on +44 (0)161 359 4332 or by email: [email protected]