Well Established CNC Precision Engineering Manufacturing Business for sale

They specialise in bespoke components and have experience with the following marks:

• Lotus
• Ford
• Vauxhall
• Rover
• Subaru
• Mitsubishi

O D Engineering Ltd also works with companies in the food production sector, electrical, motorsport & aerospace.

Key selling points –

• Very loyal customer base
• Regular work comes from 10 customers – many of which have been customers for over 20 years
• Agreed handover period will be offered
• Low rental unit available
• Over £100,000 in included assets
• Highly Profitable business – gross profit has consistently been 80%
• Lots of opportunity for further growth

Scope for further growth –

• Currently no advertising or marketing carried out
• New website/social media and SEO spend would help promote the company
• Adding a business development to chase potential new leads and working more closely with current clients would increase current orders

Location
O D Engineering Ltd is located in a small industrial unit in the village of Quorn, in Loughborough, Leicestershire.

The businesses customers are predominantly located in the East Midlands.

Premises

• Large open plan workshop
• Office
• Storeroom
• Toilet facilities

Tenure
We are advised that the business is being sold on a Leasehold basis, with our client happy to offer a new lease to the buyer. The rent is £9,600 per annum (£800 per month). 

Hours
The current trading hours are –

Monday to Friday – 8:00am – 5:00pm

Saturday & Sunday – Closed

Staff
We are advised that the business is currently run to suit with no employees.

Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £140,000. Further financials can be made available upon request.