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Long Established Engineering Business For Sale

Burton-On-Trent, Staffordshire, UK
Asking Price:
£200,000
Sales Revenue:
£600,000
Cash Flow:
Available on request

Business
Please Quote Reference B05792

Hilton Smythe welcomes to the market IPC Engineering in Burton-On-Trent. This long-established business has been operating for over 28 years in which time it has built up an enviable reputation within the industry for quality and customer service and which due to retirement this rare and exciting opportunity has now become available.

The business designs, manufactures and installs a wide range of fabricated machinery for the food processing sector along with a wide range of bespoke engineering solutions for other markets including Conveyors, Balustrades, Health & Safety Workstations, Hygiene Equipment, Production Racks, CIP (clean in place) Systems, Chemical Skid Units and much more. The business has developed relationships with Blue Chip organisations providing a steady and profitable stream of orders across various market sectors giving the business stability and a great future ahead with excellent potential for additional growth.

The business has key accounts within this sector of the market including Avara Foods, Marstons Brewery, Everards Brewery, Samworth Brothers, the Two Sisters Group who have clients including Fox’s, The Pizza Factory and Marks & Spencers.

This therefore represents a rare opportunity for either an established business within this sector looking to expand or an organisation looking for a new opportunity to acquire an established business giving them a foothold in this sector of the market with the opportunity to add value by cross selling additional products and services into the existing and very sought-after customer base.

The business is being offered to the market with all the equipment required for it to function in its current format and represents a very quick and attractive return on initial investment with the added benefit of being relocatable.

Location
Situated on the Steel Fabs Industrial Estate in Burton-On-Trent Staffordshire. The site is easily accessible off the inner ring road just a short drive from the A38 & A511 with plenty of free parking to the front of the industrial estate and in among the business units.

Premises
Trading from a business unit on the Steel Fabs Industrial Estate in Burton-On-Trent, The business is being sold with all the tools, presses, cutting devices, welding equipment and lifting gear to enable it to fulfil orders and continue to operate in its current format.

Tenure
We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £7,200 per annum currently on a monthly rolling lease. (new lease terms to be agreed if required).

Hours
The operating hours are currently 9.00am to 5.00pm Monday to Friday.

Staff
The business is run and managed by the current directors with 4 x full time staff.

Financial Profile
We are advised the business is turning over in the region of £700,000 per annum producing very attractive returns.

Business rates are under review and are currently £11,000 per annum. For further information please quote reference B05792.

Property Information

Property:

Leasehold

Contact Information

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