Project Precision

Business for Sale

Details

Sale Type:

Businesses for Sale

Status:

Active

Due to the recent withdrawal of a major customer, Gordon Brothers is pleased to offer an excellent opportunity to acquire the business and assets of a well-established South Wales based precision engineering business.
 

The principle details of the business are:
 

  • Turnover – £2.68m 2019 / £2.7m 2018 / £2.9m 2017
  • Clients in the automotive, aerospace, defence and medical sectors
  • 37 employees
  • Leasehold property, 6 years remaining, monthly rent £4,250
  • Machinery comprising primarily financed but also some unencumbered machine tools and metalworking machinery
     

All interested parties will be required to sign and adhere to a Non-Disclosure Agreement.
 

Under instructions from the client, all expressions of interest are to be received via e-mail no later than 5pm on Thursday 12th December 2019.
 

Proof of funding will be required to support any expression of interest.
 

For further Information contact:

Simon Bamford, BSc (Hons) PG DipSurv MRICS
Director, Gordon Brothers
T. +44 (0)117 959 5515 | E. sbamford@gordonbrothers.com