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Specialist High Performing Plastics Eng Co
Location: United Kingdom -> Northern Ireland
Industry: Manufacturing > Plastics Manufacturing




Business Summary

Ref: EY049



Location: Northern Ireland

Premises: Leasehold



Asking Price: Offers Around -260,000 + Net Assets.



Business highlights include:

Turnover circa -350,000

Adjusted Net Profit circa -56,000

Net Assets: Circa -43,000



Trading Name.

Leasehold unit in Business Park. (Relocatable)

Fixtures & fittings.

Equipment (tooling & moulds).

Goodwill.

Innovative product offering.

Efficient IT system.

Website.

Strong production network.

Material conformity/Compliance Certification.

Wide customer base across numerous industries.

Stock at valuation.

Significant potential for development.

Business Profile:



Established by the vendors in September 2001, this innovative and forward-thinking company recognised the potential to form a new category in the buoyant engineering sector and have established a successful and reputable business providing innovative engineering solutions to a wide range of industries.



The company specialises in the manufacture and supply of components produced from High Performance Plastics and have worked hard to promote the advantages of the High-Performance Plastic parts vs. traditional steel parts. Establishing a market for High Performance Plastic components and promoting a change in several industries from reliance on traditional materials (steel).



The large customer base ranges from engineering & manufacturing companies from original equipment manufacturers to large process manufacturing plants. These companies recognise the advantages and added value High Performance Plastic components offer. The business specialises in manufacturing components for machine building, process engineering, marine industry, civil engineering, pharmaceuticals and mining etc.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $260,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2000
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Current owners are willing to provide training/familiarisation at handover as mutually agreed to ensure a seamless transition. Current staff members may be willing to stay on after acquisition subject to negotiation.
Reason For Selling:  The owners are planning their exit strategy due to retirement.




Print Listing Id: 700379743




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Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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