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Precision Engineering Business In Oxfordshire For Sale

Wantage, Oxfordshire, UK
Asking Price:
£100,000 Furniture / Fixtures included
Sales Revenue:
£120,000
Cash Flow:
Under £50K

Well equipped machine shop in Oxfordshire located close by to major scientific and research organizations.

For more information, please contact the seller through the form on this page.

Property Information

Property:

Leasehold

Lease Terms:

1 year into a 10 year lease with a break at 5 years.

Leasehold Rent:

£6,500 per annum

Location:

Prime location as a few miles from the Harwell and Culham Science centres which specialise in Atomic, Nuclear and Space technologies.

Premises Details:

Premises are 62M2 with a 30FT modified container next to the property which is an office along with raw material stores.

Business Operation

Expansion Potential:

With the right individual taking the business on, and the ability to work the machines this business has huge potential to maximise profitability

Reasons for selling:

Business is non core and have tried to run it alongside another job. It needs someone who can fully focus on this business and who really has the ability to machine. Covid-19 has impacted the owners passion for the business and it needs a skilled individual to come in and have the business grow in the way it has potential to.

Trading hours:

Currently operate 7 days per week with mixed shift.

Employees:
2
Years established:
5

Other Information

Support & training:

1 member of staff is willing to stay on with the business. The business currently has no CNC capability and this would need to be recruited but ideally the new owner would have the capability

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
£5,000 - included in the asking price
Website:
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Related Documents:

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