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Specialist Precision Engineering Food Industry For Sale

 
Norfolk, United Kingdom
 
Advert ref: FM.0.325.NSC
  
Business description
The business specialises in the design and manufacture of precision made components for the food industry and operates from a modern style industrial unit of approximately 3650 sq ft. With the directors now wishing to retire this represents an excellent opportunity to acquire an established and profitable business that would be of interest to other businesses already operating in this or related sectors. The directors are willing to work with new owners on terms to be agreed to hand over the business over in a timely manner.

PLEASE NOTE: Our clients require that a confidentiality agreement is signed before further information is released.


Years established: 20 years
Employees: Two directors, 1 full time and 2 part time staff
Property: Leasehold

Lease terms
The vendor advises that a new 5 year lease is currently being finalised at an annual rent of £9,800.

 
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Financial details

 
Asking price: £285,000
Sales revenue: £260,000
Net profit: Undisclosed
 
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed
 
 

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