This is an opportunity to purchase a highly regarded supplier of bespoke and small batch mechanical engineering components to many of the world's most exacting customers e.g. Rolls-Royce plc, Bentley Motors, M.A.N., Metcalfe Railway Products etc.The company has been painstakingly built over the last thirty two years and now has an enviable list of clients among the finest global engineering companies. The company has taken increasing advantage of large public companies' wish to outsource bespoke and small batch production which they consider to be below their acceptable or economic order quantity. Because they require the highest standards of materials and production quality the selection of potential suppliers is extremely rigorous. This company has established the highest levels of integrity and reliability and is wholly trusted by its clients and is a preferred supplier. It is the holder of ISO 9001:2008 and its customer service is second to none.The business has focussed on the supply of components to the compressor, automotive , railway and defence industries and has over twenty regular clients. Any potential buyer would need familiarity with engineering drawings and experience of top quality material and production standards. The ability to deal with top class mechanical engineers from around the world would be important as many components are sourced outside the UK.Financially the company has very attractive margins and a strong profit record. As it is in a growing business services sector the long term potential is very attractive and the current owners will assist the buyer in identifying growth opportunities. Its current business premises are privately owned but the business is readily relocatable.The business would suit an individual with strong links to leading engineering companies or to a smaller quality engineering supplier wishing to grow and gain access to the world's most discerning buyers.The company is privately owned and the owners wish to sell the trading name and the shares in the business as they wish to retire. The owners are prepared to provide negotiated support at whatever level the buyer wishes for up to a period of five years as they recognise the crucial importance of maintaining excellent customer relations during the period of transfer.
Asking Price $723,955
Converted From GBP
Exchange Rate $1.21
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