Business Summary:
Industrial Instrument Manufacturer
Confidentially offered for sale
Ref No: IQ004
Location: Yorkshire
RELOCATABLE
Asking price £275,000
Established over 25 years ago, this mature business provides a high quality service maufacturing and selling Digital Intelligent Instruments for molten metals. These innovative instruments are vital in the temperature measurement of the molten metal and greatly contribute to the enhancement of the overall quality and efficiency of the casting process.
The company are internationally renowned for their accuracy and reliability of their product, selling to countries all over the world, including, China, Russia and the USA.
In the early 90’s the company added Digital design to its range. As a result of further developing these devices, it offers a comprehensive range of Digital systems for accurately measuring, storing and transferring data
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| Facilities / Terms of Lease:
The premises are leasehold and cover circa 2,500 sq ft over 2 floors.
The ground floor is taken up entirely by the workshop.
Upstairs is the office area and a small storeroom
The business is fully relocatable
Rent is £5,000 per annum plus £926 rates and service charge |
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| Potential
Growth/Expansion:
This company is ready for expansion. The present owner is nearing retirement age and is looking for someone with a technical mind to take the business to its next level by modernising the company. |
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| Competition:
A global newsletter is sent out to agents and customers periodically, letting them know of all improvements and changes to instruments.
The company exhibits every 4 years at GIFA( Foundry Industry Exhibition)
They advertise in the Foundry Yearbook and have a company website |
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| Owner
willing to train:
Present owner is keen to help any new purchaser. |
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| Reason for selling:
Owner wishes to retire |
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Seller Reference Number: IQ004
BusinessMart.com Listing Number: 32091 |
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