POPULAR ENGINEERING BUSINESS ndash; HEREFORDSHIREWell established and highly reputed businessFully equipped and well maintainedAdvised annual turnover pound;275,000Ideal lifestyle opportunityGenuine reason for saleLarge client baseLEASEHOLDBusiness HistoryMeridian Business Sales are privileged to offer this superb engineering business to the market which was established in 2000.Our client took the business into his own hands in 2008, and ever since has built the business up to be the best in the industry.Since our client took ownership of the business, he has invested time, money and effort allowing the premises to be in full walk in condition.The business holds a solid client base, which has been built up from our clientsrsquo; loyal and professional services, as well as their fully trained members of staff.The only reason our client has instructed us to market this excellent business, is due to his desire to pursue other business interests.Our client offers a wide range of precision engineering services, making sure every clients needs are met with the highest standard. Due to the fantastic services provided, the business generates a respectable annual turnover of pound;275,000 with a gross profit margin of 65%.This is an exceptional opportunity to purchase an established business with a large client base, and as such early viewing is highly advised as this superb engineering business is not to be missed.Financial ProfileTurnover: pound;275,000paGross Profit: 65%Stock Approximately: pound;20,000TenureLeaseholdRolling leaseRent: pound;550pmOpening HoursMonday: 8:00am ndash; 5:00pmTuesday: 8:00am ndash; 5:00pmWednesday: 8:00am ndash; 5:00pmThursday: 8:00am ndash; 5:00pmFriday: 8:00am ndash; 5:00pmSaturday: ClosedSunday: ClosedPremisesParade positioned commercial unit, well signed and well presented, briefly comprising:GROUND FLOORSecure door and roller shutter entrance, leading to:Office/reception areaFully fitted kitchenToilet facilitiesOpen plan, fully equipped workshop areaFully equipped CNC facility with CAD/CAM software systemFIRST FLOORStorage area - 1 large room/1 small roomEXTERNALPrivate parking for 2 vehicles...
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