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Well Established Glass Insulating Manufacturer For Sale

Birmingham, West Midlands
Asking Price:
£585,000
Sales Revenue:
£1,220,837
Cash Flow:
Available on request

Business
Hilton Smythe are pleased to have been given the opportunity to manage the sale of Bassra Machine Tools Limited which is a well established business with an enviable reputation and many existing customers throughout the world.

Bassra Machine Tools Limited was founded by the current owners nearly 30 years ago when they identified a gap in the market. The business has been a real labour of love and has flourished under their ownership. Alas this impressive business is now being sold due to a wish to take a well earned retirement. The vendors are keen to see their beloved company pass to an ambitious new owner/s who can take this already thriving business to the next level.

Bassra Machine Tools is a leading glass insulating manufacturer that has been at the forefront of their industry for many years. The company has a client base of over 3000 and operates in 31 different countries worldwide including Ireland, Scotland, Romania, Russia, France, Hong Kong, Taiwan, Jamaica, Bahamas, Korea, South Africa, Australia, New Zealand, Israel, Sweden, India, Pakistan, Oman, China, Nigeria, Ukraine to name just a few.

The business prides itself on providing quality products, swift service and technical excellence which has earned it a high reputation which has resulted in a major share of the UK market. The business has relationships with an impressive number of high profile customers such as Pilkington UK and Saint Gobain Solar Glass UK.

Bassra Machine Tools Provides free technical consultancy to companies interested in setting up a new unit in glass insulating manufacturing or glass processing. The business has multi cultural staff to deal with and understand their customers all around the world.

The business specialises in a range of products / machinery including:
Glass Cutting Machines
Glass Washing Machines
Glass Insulating Machines
Glass Processing Machines
Allied Machines
Glass Handling Equipment
Consumables & Spare parts

The business has a wide range of reconditioned machinery for sale at any time.

The sale will include the company website (Bassra.com) and the business enjoys great visibility on the internet via websites such as ---.----.---, ---.----------.---, ---.-------.---, ---.---.---, ---.-----------.---, ---.---------.--------------.--.-- etc.

Reasons to Buy
A well established business with an enviable reputation and many existing customers
The sale includes a significant amount of assets
Current owners happy to offer a handover to ensure the continued success of the business
A real opportunity to increase turnover and profits significantly, business is currently being run at a pace to suit.
Possibility of substantial premises if required
Ideal ‘Bolt On’ to an existing business
Sale includes website and all social media platforms.

Hilton Smythe highly advise early viewing to avoid disappointment

This impressive business is likely to attract considerable interest.

Location
Bassra Machine Tools Limited is currently based in Birmingham but is being sold as a relocatable business and could feasibly be run from anywhere in the UK or indeed the world.

Premises
Bassra Machine Tools is being sold on a business only, relocatable basis but includes a significant number of fixtures and fittings and assets including:
All office computers, programs and backup computer.

All office furniture.

Workshop
1 off Lansing Bagnell 2.5 ton forklift truck
1 off 1.5 ton Linde forklift truck
All racking, benches etc.
3off pump trucks
TCM steel cutting band saw with digital length stop
1 off horizontal wood saw with dust extractor.
2off Eland mig welding sets.
1off TIG welding set
Promecam Break press
Person 2.5m guillotine.
4 ft steel sheet rolling set.
2 off Bridgeport vertical milling machines with digital readout.
Harrison Lathe
Kiwa Pallet master–4 CNC machining centre.
Twin Herbert drilling machine
Victoria horizontal miller
Jones and shipman cylindrical grinder.
Jones and shipman surface grinder
Lumsdon horizontal surface grinder with 4 ft x 1 ft bed
Painting equipment
Kartcher jet wash and other cleaning equipment.
Electrical department with testing and manufacturing equipment.
All tooling for machines and lots of hand tools.

There are a number of vehicles that may be available by separate negotiation.

Tenure
We are advised that Bassra Machine Tools Limited is being sold as a business only / relocatable business opportunity.
Premises in Birmingham may be available, if required by a new owner.
The vendors would be happy to negotiate a mutually lease on 20,000 sq. ft (approx) premises.

Hours
Monday to Friday 8.00 -17.00
Saturday Closed
Sunday Closed.

Staff
The business is run and managed by our clients (2) with the help of approximately 18 full time members of staff.

Financial Profile
Bassra Machine Tools Limited generated an advised turnover of circa £1.25m as of the 2017 accounts with a gross profit of approximately 26%. The business continues to grow at an impressive pace showing consistent year on year growth.

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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