Farm Machinery Manufacturer - East Midlands

Asking Price
£750k

Description
The company was established in the mid-1980s and today is a world leader in mechanical weed control, utilising a revolutionary robotic guidance system. Consumer demand for organic and pesticide free produce has led the supermarkets to demand major reductions in the usage of chemicals. This has resulted in many areas of agriculture seeking new forms of weed control. This trend is set to continue and the demand for mechanical weed control will increase for the foreseeable future. The company’s latest inter-row and inter-plant weeding implement will be launched in 2008, enabling whole fields to be weeded without casual labour or chemicals. This is a major development with great export potential. Operating from a modern well equipped factory of 1,340 sq. m. on the outskirts of an East Midlands town. It has a spacious 2 storey office block of 220 sq. m. with ample room for future expansion. The total site area is 0.33 ha including yard space. The business is set to grow rapidly and sales this year are expected to exceed £1.4m. The Adjusted Operating Profit this year is expected to be between £125k and £150k. The Guide Price is £750k for 100% of the shares on a debt-free, cash-free basis.

Category
The manufacturing section lists businesses for sale in areas such as injection moulding, manufacture of kitchens, production of metal pressings and more.

Contact Details
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