Business for Sale in Gloucestershire NICHE ELECTRICAL ENGINEERS
Key Information
- Reference
- MF36000X
- Tenure
- Leasehold
- Status
- For Sale
- Region
- Gloucestershire
- Sector
- Electrical Engineering
- Annual Sales
- £114,503.00 Exc. VAT
- Accommodation
- No
Business Information
Specialist ELECTRICAL
ENGINEERING BUSINESS, predominantly operating in the AVIATION & TRANSPORT
industry, based GLOUCESTERSHIRE, supplying customers throughout the UK and
Europe. The manufacturing and day to day operation of the business predominantly
undertaken by staff without the need for an owner to be present.
Operating from edge of
town centre premises, in the region of 1,250 square feet, unique in so far as
to their location and considered valuable with premises of this nature rarely
becoming available. The manufacturing process is considered ‘light’, the premises
providing reception/office facilities, production area, storage, and staff
facilities.
A respected business
commanding an excellent reputation, established some 70 – 80 years, under
current ownership approx.45 years, retirement sale. Producing a bespoke niche
product not available elsewhere, ensures a very strong order book and regular
repeat orders with an ongoing order commitment from a major ‘Blue Chip’
aviation customer stretching more than 20 years.
Currently operated at
a level to suit the owner’s personal circumstances/commitments, trading a 4 day
week. Sales 2023 £114,503 ex Vat, Gross Profit (before labour) £98,444 ensuring
a profitable business, even on a predominantly staff run basis. Increasing
sales and profits with the business still lending itself to considerable
further development through the marketing and promotion of its innovative
products, either on a standalone basis, or amalgamation with similar business.
Leasehold Limited
Company Sale £120,000 to include Net Assets Ref: MF36000X
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Bristol, Somerset, Wiltshire,Gloucestershire & South Worcestershire
Your Regional Director Amanda Bentley
Bristol, Somerset, Wiltshire, Gloucestershire and South Worcestershire
3 Cornhill
Ottery St Mary
Devon
EX11 1DW