EXCEPTIONAL ENGINEERING amp; MANUFACTURING BUSINESS - HEREFORDSHIRECurrently the best priced British manufactured auger filling machine availableGenuine reason for sale due to retirementSituated in the quaint village of CradleyAdvised annual turnover of pound;194,651Whole operation can be relocatedMore major marketing to be doneCurrently run at a pace to suit3 phase electric on siteLEASEHOLDLocationThe business is located in the picturesque village of Cradley, Herefordshire on a well accessible trading estate. Cradley is positioned within the beautiful historic town of Malvern. The business benefits from having a variety of neighbouring residential properties, travel facilities and commercial businesses which are all beneficial for the business as it allows passing trade. The business has the advantage of private parking near by the business for three vehicles, allowing easy access for customers. This is a popular residential and business location due to its stunning open countryside, good schools, fantastic housing and NHS services. There are many towns within a short distance such as; Bromyard and Ledbury. The village is easily reached though the A4103 leading to the B4220 allowing easy access for tourists and visitors.Business HistoryMeridian Business Sales are delighted to offer to the market this superb design and manufacture of packing machinery business, who specialise in auger filling machines. The business is known to be the best priced British manufactured auger filling machine available. The business has a combined 80 years experience of auger filling and product handling technology, offering all aspects of powder and particulate filling systems. This is done with their associated tooling variations and bulk feed system requirements. Our client ensures the best possible accuracy and speeds are achieve using the correct selection of these essential criteria. The Vectofill machine which they produce provide`s simplicity, clean lines and touch screen controls, this is an easy to use and a cost effective system. Our client established the business in 2005, and ever since has continuously invested a large amount of time and money allowing the premises to be in full walk in condition. The business supplies to people all over the world, creating a fantastic reputation, however the reputation could grow along with the sales if more major marketing is done. Due to the exceptional and efficient services provided, this generates the business a respectable annual turnover of pound;194,651 with a gross profit margin of 52.45%. The only reason our client has instructed us to market the business, is due to his desire to take a well deserved retirement. This is a excellent opportunity to purchase a highly reputed business, and as such early viewing is strongly advised as this business is not to be missed.Financial ProfileTurnover: pound;194,651paGross Profit: 52.45%Stock Approximately: pound;2,000 - pound;5,000TenureLeaseholdRolling leaseRent: pound;440pmOpening HoursMonday: 8:00am - 5:00pmTuesday: 8:00am - 5:00pmWednesday: 8:00am - 5:00pmThursday: 8:00am - 5:00pmFriday: 8:00am - 1:00pmSaturday: ClosedSunday: ClosedAccommodationOpen plan workshopStaff toilet facilitiesDesk amp; chairBoardroom table amp; 6 ChairWelding stationMain officeComputerEquipment room1x drill1x lathe1x milling machineMain work amp; assembly areaWork benchesEXTERNALPrivate parking for 3 vehicles...
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