Precision Engineering Company

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Status
FOR SALE
Advert ID
198269
Reference
1756JMH / RightBiz

Details

Business Partnership is pleased to have been appointed as sole selling agent in order to seek a purchaser for this very well established business, which was originally started by a family member some 70 years ago, and has only been made available for sale due to pending retirement.

Our client is fully engaged in the day-to-day running of the business and has stated that he is more than happy to offer an excellent handover, which could involve working in the business for up to 2 years.

The business specialises in complex and technically complicated machined parts which require tailored solutions to high degree of tolerance.

Our client supplies low volume, niche, precision parts and is also more than happy to be a subcontract manufacturer when high volume work is required. 

Offers sought for 100% of the issued share capital, plus the net assets at time of completion (balance sheet stood at £180k as of 30/08/2016).

Further information available upon completion of our Non-disclosure Agreement.
Listing Details
Sector: Toolmaker And Precision Businesses, Manufacturing Businesses
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