Total of 18659 firms and businesses for sale today Tuesday 21st May 2024
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Sold. Precision Engineers Specialising In Aerospace

LISTING DETAILS
Firms For Sale ID:
29068
Vendor reference:
IT085
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£2,000,000  
Turnover / revenue:
£1,770,000
Net profit / cashflow:
£800,000
Years established:
1983

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Precision Engineers Specialising in Aerospace
Manufacturer of Sub-Contract CNC & Manual Machined Parts and Small Presswork
Ref.IT085
Location Devon
Asking Price £ 2,000,000
Turner Butler has been appointed to sell this well established full service precision engineering company, based in Devon which specialises in the aerospace industry. Trading for over 30 years, the shareholding was acquired by our clients in 2000, and has remained in their ownership to date.

The business uses state-of-the-art CNC machine tool technology, and has subsequently developed the operation to cater for the needs of the niche sector that demands medium to low production runs of technical, top quality, high accuracy CNC machined items.

All goods are manufactured to BS EN ISO 9001: (BSI) & AS9100 Quality Standard. The capability of the company has resulted in acquiring a superb blue chip client base providing consistent levels of business, a high percentage being pre-scheduled work. The client base includes a wide range of industries that include Aerospace, Aviation, MOD, Automotive and Motorsport.

Business Strengths:

The Company has the following key attributes:

• Full Service Precision Engineers
• Leading Manufacturer of Sub-Contract CNC & Manual Machined Parts & Small Presswork
• State-of-the-Art CNC Machine Tool Technology
• High Profile Client Base across Diverse Industries

The Company provides the successful purchaser with:

• A company specialising in CNC machining for many industries including small to medium sized companies.
• The potential for significant future profits using the capacity within the existing premises. This capacity could be utilised to accommodate more machinery, or alternatively a complimentary business activity.
• A highly competent and experienced management team.