Specialist Manufacturer Of Ancillary Equipment For The Paper Based Packaging Industry for Sale
Freehold : £ 1,200,000
The business operates from fully equipped freehold premises that are located on a modern, well-known business park, near a busy south coast industrial city. The premises are circa 2,500 square feet per unit, ground floor area and in combination with the mezzanine areas in both units, the total floor area is circa 8,000 square feet.
Unit 1 comprises ground floor workshop/production areas, kitchen, toilets and delivery area with roller shutter and offices on the mezzanine.
Unit 2 is similar but with assembly on the ground floor and storage on the mezzanine.
The premise offer excellent value for money and are located in a fabulous semi rural location, very close and in easy access of A roads and nearby motorway. We are advised rent, rates and water are circa £24,000 p.a. per unit.
Specialist Manufacturer of Ancillary Equipment for the Paper Based Packaging Industry
Location : Hampshire
Asking Price : £1,200,000 + Net Assets
Set up over 18 years ago this well established and reputable business provides a comprehensive range of niche products and services to a variety of clients in the packaging and manufacturing sector, with an international customer base.
The company specialises in the design, manufacture and assembly of quality products that have high value added content. Components are manufactured from steel, aluminium, carbon fibre and possess its own extrusion dies and tooling. The company has the facility to supply both large and small parts together with large or small batches.
The business has been developed over time with significant re-investment in the company, including tooling, equipment and its premises. The company can boast a substantial level of modern automated plant and machinery including latest state of the art CNC machining centres and office systems.
The business has its own internal inspection procedures to ensure customers receive only the highest quality products and services. This internal capability enables the business to take on varied and challenging high profile projects for blue chip end users.
The business has designed and developed many products that are the results of solving complex technical problems for its customers and retains significant intellectual property assets. The business also benefits from having a significant spare part and service facility.
From first contact to completion the onus is geared towards complete customer satisfaction.
The business is committed to ensuring manufacture is to the required standards of excellence, as you would expect from a company with such infrastructure.
The current split of customer base is with 50% OEM clients and 50% end users. New equipment represents 85% of turnover with the remainder made up with spare parts, repairs and servicing, and commands some of the highest profit margins.
The increase in demand for paper packaged products has resulted in a significant commensurate increase in demand for this business’ products and so sales and distribution of other manufacturers’ products, under exclusive license is yielding excellent early results in terms of profitability, without any measurable challenge to the business’ space or people resources.
Current opportunities for this new activity are in the UK, Europe and soon, the USA.
||The business currently operates on a one shift system, Monday to Friday. This could be expanded if need be.
||The 2 directors/vendors work in the business on a day to day basis. Both directors are hands on with one responsible for engineering and the other for sales, both have been coaching the management team with the result that this team has been taking more and more of these duties on as time has progressed.
As well as the directors, the business also employs:
4 x Managers / supervisors
5 x Design engineers / administration / accounts
3x Design engineers
2x Administrative and buying managers
8 x Skilled Precision Engineers / Apprentices
7 x Assembly/fitting shop personnel