INDUSTRY

Engineering & Accounting

BUSINESS SUMMARY

Precision Engineering Company Confidentially offered for sale Ref. no : IT061 Location: Oxfordshire Asking Price: £150,000 This highly regarded business was founded in 1995 by the Vendors with a combination of innovative insight and entrepreneurial spirit and has grown since to become a significant enterprise with a national reputation among its aerospace, medical, leisure, transport and general engineering customers for the quality of its products and service, honesty and reliability. The business has invested in both CADCAM systems and CNC machinery, and achieved the ISO 9002 quality standard. This business offers many advantages to customers, allowing a strong relationship to build up which improves product quality at all stages in the development and production process a commitment which has lead to winning three major award

	BUSINESS FINANCIALS
Asking Price: £150,000
	GENERAL COMPANY INFORMATION
Organization Structure: Headquarters/Main Location: Home Based Time on lease/mortgage: N/A Is Business Relocatable? No
	MARKET OUTLOOK/COMPETITION
The business has used only limited advertising in the past but has found greatest success through word of mouth recommendation where a significant number of orders and enquiries are taken. This activity has been intermittently supported by direct marketing of brochures to potential and existing customers, highlighting new and existing products
	DETAILS ABOUT THE SALE
Support & Training The current owner will provide all necessary training and all relevant contacts to allow continuity of trading Reason for Selling The business is for sale as result of the Vendors’ wish to follow other areas of interest. Is Management Willing to Stay? No Are You An Intermediary? No