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IV030-Hampshire-1,200,000-Specialist Manufacturer of Ancillary Equipment for the Packaging Industry for sale in Hampshire, UK

Hampshire, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 1,200,000 £ 1,525,000 £ 307,000

Business Summary:
Specialist Manufacturer of Ancillary Equipment for the Packaging IndustryRef. IV030Location : HampshireAsking Price : 1,200,000Set up almost 18 years ago this well established and reputable business provides a comprehensive range of niche products and services to a variety of clients in the packaging and manufacturing sector, with an international customer base.The company specialises in the design, manufacture and assembly of quality products that have high value added content. Components are manufactured from steel, aluminium, carbon fibre and possess its own extrusion dies and tooling. The company has the facility to supply both large and small parts together with large or small batches.The business has been developed over time with significant re-investment in the company, including tooling, equipment and its premises. The company can boast a substantial level of modern automated plant and machinery including latest state of the art CNC machining centres and office systems.The business has its own internal inspection procedures to ensure customers receive only the highest quality products and services. This internal capability enables the business to take on varied and challenging high profile projects for blue chip end users.The business has designed and developed many products that are the results of solving complex technical problems for its customers and retains significant intellectual property assets. The business also benefits from having a significant spare part and service facility.From first contact to completion the onus is geared towards complete customer satisfaction. The business is committed to ensuring manufacture is to the required standards of excellence, as you would expect from a company with such infrastructure.

 

   
Year Business was Established: 1999
   
Number of Employees: 24FT  
   
Facilities / Terms of Lease: The business operates from fully equipped freehold premises that are located on a modern, well-known business park, near a busy south coast industrial city. The premises are circa 2,500 square feet per unit, ground floor area and in combination with the mezzanine areas in both units, the total floor area is circa 8,000 square feet. Unit 1 comprises ground floor workshop/production areas, kitchen, toilets and delivery area with roller shutter and offices on the mezzanine. Unit 2 is similar but with assembly on the ground floor and storage on the mezzanine. The premise offer excellent value for money and are located in a fabulous semi rural location, very close and in easy access of A roads and nearby motorway. We are advised rent, rates and water are circa 24,000 p.a. per unit.  
   
Potential Growth/Expansion: The business is well positioned to take maximum advantage of growth markets as they occur such is its ability to provide a diverse range of products and services in house with quick turnarounds. It has the infrastructure already in place to cater for significantly more work whether large or small scale. It also has the ability to enter new markets should a new owner so wish as it has a sterling reputation in place. It is already seeing growth in terms of new enquiries as its proprietary designs and products consistently find new customers around the world. The business currently operates a one shift pattern. There is no reason why this cannot be expanded should a new owner look to put more resource in place. The company has relationships with UK and overseas agents, with a little more effort this could be increased and it is believed would yield excellent results.  
   
Competition: The business could benefit from a more strategic internal medium/long term sales and marketing planning. It has a basic yet informative website but does very little in the way of proactive marketing. In saying that the website ranks number one on Google for explicit searches for the specialised products that the company manufactures.  
   
Owner willing to train: The current owners would be happy to provide full training and support at handover to ensure a seamless transistion of ownership. One/both may be prepared to stay on within the business for a further period of time should a new owner so require, subject t  
   
Reason for selling: The owners are planning their exit strategy due to pending retirement.  
   
Seller Reference Number: IV030
BusinessMart.com Listing Number: 209265
 

 

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For more info contact:

Andrew Hudson

Turner Butler
01895 25 6000

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