Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Sold. Leading Engineering Supplier, Metal Cutting Blades And Machines

LISTING DETAILS
Firms For Sale ID:
35076
Vendor reference:
AD040
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£1,000,000  
Turnover / revenue:
£1,562,565
Net profit / cashflow:
Undisclosed
Years established:
39
Trading hours:
The business hours are currently: Monday – Friday 0830 – 1700
Number of employees:
6
Employees / staffing:
The current employees are: The owner (part-time) 1x manager (owner’s wife-part-time) 1 x office manager/accountant 1x sales manager 1 x work shop and service manager 1 x skilled engineer 1 x blade welder

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business currently trades from premises which are valued at £850-950K The freehold is owned separately by the vendors and is available by separate negotiation. Annual rent - c£75,000 (current rent payable) Rates – £18,644 The building is fitted with alarms and CCTV.
 
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BUSINESS DESCRIPTION
Leading Engineering Supplier, metal Cutting Blades and Machines
Ref. AD040
Location : South East England
Asking Price : £1,000,000
Established in the late 1980’s by the current vendor, this business is now one of the leading band saw machinery and blade suppliers in the UK. The business operates primarily as a supplier of sawing solutions for all type of industries and materials as well as a manufacturer of industrial blades. Their services include standard and custom built machinery, consumable products- blades, coolants and service, spare part and training. The business is a manufacturer of own, well known 25 years old industrial blades range and is a suppler of well-known blades range and for special applications.
Company has own bandsaw brand name and manufacturing bandsaws in Europe for last 20 years, as well as UK agent of well-established European manufactories.
The market outlook for this business is excellent. The business is well-known and has received outstanding reviews from previous clients. The business is well-branded and owns the trade mark to the brand name.