Precision CNC Engineering Business In The South East For Sale - London, United Kingdom

Asking price: £1,500,000

Sales revenue: £2,000,000

Fixtures value: £NaN

Business description: E-Park Industrial Offers For Sale: Established in 1940, this high-quality precision engineer has an established reputation in the production of a variety of component types most particularly machined aluminium blocks. The company has a blue-chip client base and is a recognised national supplier to the automotive, defence, offshore, medical, construction and general engineering sectors. The business has an established financial record and generated net sales of £1.97m to year end 2007. Current trading is strong and is expected that year end 2008 revenues will exceed £2.0m for the first time. • £2m+ Turnover Forecast for y/e 2008 • 26%+ Gross Margins (net dep) • Strong Balance Sheet/Asset Base The current executive owner maintains a balanced customer base with no individual account representing more than 30% of turnover. The company is located in 15,000 sq ft leasehold premises in south east England.The current machine stock includes: • 3 x Vertical, twin pallet, 16,000rpm m/c centres. 70m pm feed, Nikken tooling • 6 x Vertical, twin pallet, 15,000rpm m/c centres • 2 x twin spindle Vertiocal 12,000 m/c centres • 1 x 6 axis CNC turning centre with 40mm diameter capacity • 1 x 8 axis twin spindle turning centre • 2 x 3 axis turning centre with Hydrafeed magazine bar feed • 3 x 2 axis turning centre with bar feed • 1 x Full auto hydraulic circular saw • Fully integrated CAD/CAM facilities • CNC co-ordinate measuring machine Machinery is continually replaced and upgraded.

Years established: 60+ years

Employees: fully staffed

Trading hours: 5 day operation

Relocatable: This business can be relocated.

Living accomodation: n/a

Location: Currently based in the South East this operation is re-locatable

Expansion potential: High volumes of quotation requests are received offering owners with the ambition to grow the business ample opportunity to increase revenues.

Support & training: Owner happy to offer hand over assistance & support.

Reasons for selling: Retirement

Financing available? Contact E-Park Industrial-01903 601240