Business Opportunity: Engineering Business for Sale as a Going Concern

Description

An opportunity exists to purchase the company engaged engineering and sheet metal fabrication.

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 Breal Asset Valuations 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: damian@brealasset.com

 

Sector

Engineering

Turnover

£459,370

Category

Business For Sale

Location

South East, UK.
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