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Well Established Precision Engineering Business In Merseyside For Sale

Merseyside
Freehold Price:
£250,000 Furniture / Fixtures and Inventory / Stock included
Lease Asking Price:
£155,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
£300,000
Cash Flow:
£50,000

Founded by the current owner around 35 years ago, the business operates from a 330 square metre single storey detached well-equipped workshop located in the Birkenhead area.

Having initially been both a precision engineering and sheet metal business, focus is now predominantly on the former, with around 90% of revenue generated through precision engineering work, which ensures a robust gross margin. Clients are predominantly engineering and manufacturing businesses, many of whom having used the company for a substantial number of years, resulting in high levels of repeat business.

In addition to the vendor, who works in the business full time, there are 3 further employees who would like to stay with the business.

Sales are stable at c £300k delivering owner earnings of c £50,000

The guide price for assets and goodwill is £155,000 on a leasehold basis, or £250,000K to include the freehold. The vendor can be flexible over handover arrangements in order to ensure a smooth ownership transition.

Property information

Property:

Available as freehold and leasehold

Other Information

Leasehold asking price:
£155,000 - Furniture / Fixtures and Inventory / Stock included

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