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Manufacturer & Stockist Of Engineering Cutting Tools
Location United Kingdom
Asking Price Range $250K - $500K
Gross Revenues $362712
Net Profit / Cash Flow $148107
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training The current owner(s) would be happy to provide full training and support at handover.
Reason for Sale The vendors are planning their exit strategy.
Description Manufacturer & Stockist of Engineering Cutting Tools UK & Export Sales
Ref.JH024
Location South Yorkshire
Asking Price œ 265,000
This well established and reputable business was set up the vendors over 13 years ago, in that time it has grown into a highly skilled and professional manufacturing company. The company provides specialist and often unique cutters to a range of manufacturing and production sectors, both within the UK and overseas.
The company designs, manufacturers and supplies a range of cutters and associated components to a whole host of blue chip customers who require these cutters to manufacture their own products. The business has a large regular customer base of some 150 clients, many of whom are large organisations. The majority of sales are within the UK(circa 70%) The remaining 30% are export. The company supplies direct to the end user/manufacturer as well as via distribution and can boast some very prestigious blue chip companies amongst its clientele. Typical products this business supplies include:
- Oil Pipe Milling Cutters
- Involute Gear Cutters
- Angle, Side, Face, Convex and Concave Cutters
- Serration & Thread Cutters
- Plain & Shell End Mills
- Saws and knives
This business enjoys approved supplier status with many customers and is in a rather unique postion in that there are very few real competitors who manufacture similar products to them here in the UK. The business has a highly skilled workforce and manufactures and supplies to exacting standards.
The business has built up a sterling reputation based on quality, knowledge and superior product design and manufacture. The company currently carries out all production in house (bar the heat treatment process).This ensures excellent quality control and superior product delivery.
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