Total of 18656 firms and businesses for sale today Sunday 28th April 2024
Sold. Vacuum Forming & Plastic Moulding Fabrication Design And Manufacture
LISTING DETAILS
Firms For Sale ID:
33633
Vendor reference:
EY046
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£399,000
Turnover / revenue:
£490,798
Net profit / cashflow:
£82,667
Years established:
18
Number of employees:
5
Employees / staffing:
The business is run by the two owners and 5 staff (1 x admin, 1 x sensory manager, 3 x factory floor staff including the supervisor).
OTHER DETAILS
Reason for selling:
The vendors have decided to emigrate hopefully in the near future.
Support and training:
The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business is located in well-appointed leasehold premises with all the latest technology comprising circa 5,000 sq. ft. of space.
Leasehold is 6 years from September 2012 with a 3 year break clause.
BUSINESS DESCRIPTION
Vacuum Forming & Plastic Moulding Fabrication
Design and Manufacture
Ref.EY046
Location Suffolk
Asking Price GBP 399,000
The vendors started as sole traders in 1996, incorporating in 1998. The business offers comprehensive vacuum forming services and plastics fabrication, manufacturing a diverse range of products for a wide range of clients; ie Xerox & Siemens, designing and manufacturing point of sale display units, using CNC controlled moulding equipment to produce mouldings, 1,500 x 1,000 x 600mm deep. The business supplies a varied client list with plastic point of sale materials. Many tools are manufactured in-house enabling products to be produced quickly and encouraging clients to return time and again.
Projects have been manufactured for many household names and blue chip corporate companies. The business produces goods both directly and indirectly for a wide range of both large and small Brand names. All clients receive a high level of service, the business offer innovative ideas and help in developing new projects while providing an efficient and cost effective solution to all clients needs.
Market / Competition / Non-Competition Agreements
The business uses pay per click and advertises on Google, plus there is a professional company website to showcase the services on offer. A high proportion of the revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.