Business For Sale

Specialist Engineering CompanyManufacturer of Precision Pressings, Stampings & Assemblies, Since 1953


Ref: IT091
Location: Buckinghamshire, England
Asking Price: £290,000
Annual Turnover: £246,000

Annual Net Profit: £102,000
Gross Profit: £174,000
EBITDA: Not Set
Premises Type: Leasehold

Business Description

Business Profile

Set up over 65 years ago and as such is a very well established and reputable business providing a comprehensive range of niche products and engineering services to a variety of clients in various manufacturing sectors but primarily in electronics/electrical, supplying to the medical and agricultural industries.

The business’ comprehensive metal pressing facility offers progression presswork for high volume parts, simple single stage tooling for medium to low demand with more complex Deep Drawn press work up to 75 tonne capacity producing a diverse range of pressings.

The company has the facility to supply both large and small parts together with large or small batches; it has traded successfully for many years with current level of equipment still maintaining the levels of production that the customer base demands.

The business has its own internal inspection procedures to ensure customers receive only the highest quality products and services. This internal capability enables the business to take on varied and challenging projects for its clients and customers.

From first contact to completion the onus is geared towards complete customer satisfaction. The business is committed to ensuring manufacture is to the required standards of excellence, as you would expect from a company with such infrastructure.

Equipment/Capacity:

The company has a comprehensive catalogue of machines, including:

Single Action Power Press

7 Single Action Power Presses ranging from 15 – 100 ton
1 12 ton Worcester Rotary
6 No 3 Fly Presses
1 No 5 Fly Press
1 Barns 15 ton Brake Press
1 Guillotine

MACHINE SHOP AND IN HOUSE TOOLMAKING

Our machine shop includes all secondary operations, such as; Drilling,
Countersinking, Tapping, Turning, Milling, Barrel Deburring and
Cylindrical & Surface Grinding.

WELDING

Mig Welding on Murex 160 Welder
Spot Welding

The business operates from an older but still effective commercial unit near a busy, modern industrial park and is close to town centre facilities and the M40 motorway, close to the M25. The business maintains stock for standard products and common parts, which help to increase profitably and ensure urgent deliveries, and spare part availability.

Key Strengths:

The business has traded for so long and has become an essential supplier for robust and maintainable reasons, the quality of its work and the reliability that goes with it.

Key to both of these factors are the four full time press operators that work in the business, as they have done for many years.

Key Opportunities:

This is an outstanding opportunity to build on the existing products, services and customer base of this leading company. With a strong demand and impressive profitability, combined with a capacity to increase turnover, a new owner contributing fresh ideas and energy levels will have every advantage of building on an excellent platform to take this business to its next level.

The business maintains hundreds of satisfied customers throughout the UK, who appreciate the company s superior products and skill sets, attention to detail, value for money and service.

There are many excellent avenues for growth, especially within the current operations capacity. A dedicated sales and marketing effort would yield significant levels of additional business and profitability as, by its own admission, the business tends to be reactive rather than proactive in its approach to sales and marketing, as it has no formal sales team.

Confidentiality Form / NDA

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Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into.

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

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Turner Butler

Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 0333 1234562 | Facsimile 01895 678532 | Email info@turnerbutler.co.uk | Website www.turnerbutler.co.uk

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