| IS019-Sheet Metal Engineers |
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United Kingdom
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INDUSTRY
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BUSINESS SUMMARY
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Precision Sheet Metal Engineers with Substantial Freehold
Confidentially offered for sale
Ref No:IS019
Location: A1 Corridor, Hertfordshire
Asking price £2,250,000
This precision sheet metal engineering company was established in 1986 by the current vendor and has traded from strength to strength. The company manufactures components out of sheet metal for various sectors including the medical, communications, marine and electronic industries, plus work for the Ministry of Defence. They can work on Ferrous and non-Ferrous Metals, Plastic coated metals, Rigid plastics in sheet form and hollow sections.
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BUSINESS FINANCIALS
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GENERAL COMPANY INFORMATION |
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Organization Structure: |
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Headquarters/Main Location: |
Home Based
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Time on lease/mortgage: |
N/A
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Is Business Relocatable? |
No |
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MARKET OUTLOOK/COMPETITION
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| A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation, the most effective form of advertisement for any organisation and its reputation enhancement.
Great success has been achieved without the need for regular local or national exposure, though some success has come from direct e-mails and business directory placements. |
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DETAILS ABOUT THE SALE
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Support & Training
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The current owners will provide a handover period and all relevant contacts to allow continuity of trading. |
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Reason for Selling
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After 21 years of growing and nurturing the business, the vendor has decided it is time to pursue other business interests, after first enjoying the fruits of his labour. |
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Is Management Willing to Stay?
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No
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Are You An Intermediary?
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No
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Web Site Design
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