Suppliers of Press Brake Tools
Ref. JH013
Location West Yorkshire
Asking Price £100,000
Business Profile
This is a excellent opportunity to aquire a well established business who offer a full design and manufacturing service to end users of press brakes plus supplying new and used machinery, and service work allied to the fabrication industry.
The two partners in the business keep in close contact with their clients and are responsible for the design and pricing of each individual job. The drawings are then sent directly to sub contract factories for manufacture and are then delivered directly to their clients.
The business was established in 2002 by the two owners and has built up a good reputation for their industry knowledge and become a well known and trusted supplier mainly to the engineering and fabricating industries. They have a databse of over 1,000 active customers and a huge database of essential drawings for tools which in many cases help to speed up the ordering and supply of the vital equipment.
The company is profitable with no bad debt, low overheads and a good cash flow situation. They have a consistent turnover and profits each year and the future for the company is bright with further expected growth during the next twelve months, making this a real opportunity or a bolt on business for new owners.
Key Strengths:
This is a well established and sound company with an excellent reputation . There is work in progress with future impending contracts from repeat customers in the pipeline with the opportunity to increase turnover and profits.
The business is run by the two owners sub-contract manufacturers who are used on a need only basis allowing for the company’s low overheads.
The company provides a specialist service to the engineering and fabricating industries supplying press brake tools. Over the years the company has built up a huge database of drawings allowing their customers to take advantage of their first class knowledge and experience within the industry.
