Precision Sheet Metal Engineers
Location United Kingdom
Asking Price Range $2.5M - $5.0M
Gross Revenues $2428924
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1986
Number of Employees 20 - 34
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Owned
Training The current owners will provide a handover period and all relevant contacts to allow continuity of trading.
Reason for Sale After 27 years of growing and nurturing the business, the vendor has decided it is time to pursue other business interests.
Description Precision Sheet Metal Engineers with Substantial Freehold
Ref.IS019
Location A1 Corridor,Hertfordshire
Asking Price œ 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.
The Business trades from its own purpose built, freehold premises of circa 12,000 square feet, which incorporates warehousing, manufacturing and offices. Superbly equipped with state-of-the-art laser machinery and extensive workshop facilities, they are committed to a fast, top quality turnaround with the help of a fully enabled job tracking system. The company offers a range of services to satisfy the majority of clients' requirements, including; Tungsten Inert Gas (TIG), Metal Inert Gas (MIG) and Spot welding, Computer Aided Design (CAD), Computer Aided Manufacture (CAM), Computer Numerical Control (CNC) and manual punching, plus a full range of finishing, graining, plating, anodising, alochroming and silkscreening.
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