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Established Engineering Company For Sale

Coventry, West Midlands
Asking Price:
£200,000
Sales Revenue:
£182,781
Cash Flow:
Available on request

Repeat custom built on an outstanding reputation
Well established and highly regarded business
Situated on a busy trading estate in Coventry
Early viewing essential to fully appreciate
Advised annual turnover of £182,781
Scope for further development
Ideal partnership opportunity
Genuine reason for sale
LEASEHOLD

Business History

We are delighted to offer for sale this superb engineering company which was established by our clients in 2004. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since the business was established they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at £182,781 which is derived from the sale and repair of a range of Ball Screws and Linear Guides offering a fast and efficient service to a vast array of customers. The business enjoys a strong reputation within the local community as well as further a field and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.

Property information

Property:

Leasehold

Location:

The business is situated just outside the city centre of Coventry which is in West Midlands. The business is located on a busy trading estate in a densely populated residential area. It is situated within a parade of commercial style businesses and has a huge selection of neighbouring retailers. There is communal free of charge parking which is a huge plus and an easy convenience for all. Coventry has become a hugely popular business and residential area due to its excellent shopping facilities, good schools, NHS services, fine housing and friendly local community and benefits from having many attractions and facilities close by including Birmingham International Airport (approximately 10 miles) The National Exhibition Centre (approximately 9 miles) and the Belfry Golf Club (approximately 19 miles) Coventry is ideally situated on the UK motorway network with the M6 being less than 4 miles away making travelling and commuting is very easy.

Premises Details:

Secure well signed lock up unit, briefly comprising:

GROUND FLOOR

Secure entrance leading to:

Open plan unit

Ample work and production space

Fully fitted with equipment and machinery

Racking & shelving space

Toilet facilities

FIRST FLOOR

Mezzanine floor

Office seating 3-4

Desks, chairs & computer systems

EXTERNAL

Front parking for approximately 3 vehicles

Based on a secure trading estate

Contact Information

    1. Your Address

    2. Optional
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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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