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ListingID#: IRELAI2001-N82

Precision and General Engineering Business

(Industry: Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing )

Central, Roscommon
Ireland
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Contact Information
John Murray
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Sunbelt of Ireland
086 811 4072

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Business Summary

This Midlands engineering business was started in 1994 and at its peak employed 8 staff producing a wide range of products for the food & beverage as well as commercial & industrial sectors. Specialising in stainless steel fabrication it's customers included Coca Cola, Lakeland Dairies, Glanbia, Rosderra Meats, Waterways Ireland etc. It also had a very good retail trade which complimented the manufacturing activity.

The owner became ill and mothballed the business in the hope that he could recover and restart the business but unfortunately he hasn't and is now forced to sell the business.

This is a turnkey business opportunity for someone with an engineering background. It is right on the river Shannon with low residential property prices in the area and an excellent quality of life.

The business is being offered on a leasehold basis with a proposed annual rent of €16,800. Alternatively the freehold of the premises is available with an asking price of €450,000.

This business is aggressively priced and is being sold on a cash free, debt free basis. The owner will consider offers of varying financial and legal structures including an element of deferred payment. Each offer will be assessed on its merits and in relation to other offers.
The owner is motivated to sell and has instructed us to secure a quick sale.

 

 

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Asking Price: €250,000
Downpayment: negotiable
Building: 4580 m²
Monthly Rent: €16,800
Real Estate Available: Yes
Real Estate Asking: €450,000   ( Not Included in Asking Price)
Reason for Sale: Owner has serius health issues.
Franchise: No
Home Based: No
Relocatable: No
Year Established: 1994
Year Acquired: n/a
Employees: FT: n/a, PT: n/a
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