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Hydraulic And Precision Engineering
Location United Kingdom
Asking Price Range $500K - $1.0M
Gross Revenues $347222
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1979
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training The vendor will offer a full and comprehensive training and support package to ensure a smooth transfer of ownership.
Reason for Sale Vendor wishes to spend more time with his young family.
Description Specialist Hydraulic and Precision Engineering Established 30 years
Ref.IL020
Location Peterborough
Asking Price œ380,000
The business was established in 1979 to supply a service of repairs to local farm machinery to include trailers ploughs hay bailers and many more. The current owner purchased the business in 2002 after a distinguished career with Perkins Engines, they wanted to branch out and service, repair and manufacture hydraulic cylinders plus refurbish tooling machinery and produce bespoke one of items for a broad sector of clients and of course carry on the established farm machinery maintenance when needed.
The company quickly out grew they premises and decided to purchase a freehold industrial unit of circa 1,900 sq feet with a mezzanine floor of circa 1,400 sq feet.
Once established in the new premises the company quickly installed extra plant to handle the demands of growth and the new high tech work that it received. The business has a well trained and qualified staff that all produce high quality on time results for the owners ensuring high levels of repeat business from its wide and varied customer base.
This is an ideal opportunity for the new owners to stamp their mark on the business and build on the substantial base put in place over the past eight years. The machinery and plant is of a good quality as the present owners have invested profits back into the business to ensure the high levels of growth and quality of client base the business has today.
Everything is in place with this business for a new owner to invest in staff and sales to take it to the next level and beyond. Contact for more information on this Engineering Firm for sale.
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