Total of 18659 firms and businesses for sale today Saturday 18th May 2024
Sold. Architectural Metalworkers
LISTING DETAILS
Firms For Sale ID:
13689
Vendor reference:
CR133
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£60,000
Turnover / revenue:
£250,000
Net profit / cashflow:
Undisclosed
Years established:
11
Trading hours:
Monday – Thursday: 8.30am – 5.00pm
Friday: 8.30am – 4.00pm
Number of employees:
7
OTHER DETAILS
Reason for selling:
Other business interests have now persuaded the owner to sell this “one for the future” business.
Support and training:
Full support and any necessary training will be provided during handover as part of a successful sale package
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Size is believed to be circa 3,000square feet and there is approximately 3 years remaining on the lease. Rent is a very economical circa £690 per month.
BUSINESS DESCRIPTION
Architectural Metalworkers
Ref.CR133
Location Suffolk
Asking Price £ 60,000
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.
This company has been skillfully grown and developed by its Director since 1999. By the application of professionalism and dynamism the business has traded successfully and gained suitable reward by its acceptance to supply some of the major household name Blue Chip Building Companies. For example, the company is fully compliant to work with and on the sites of Bovis and Persimmon. The company is also the sole supplier to Norfolk Homes.
These compliances have been achieved through working with The Construction Industry Training Board for testing, their Insurance Company to make sure correct levels are carried for working on building sites, plus making sure that their operational procedures are Health and Safety compliant.
The company manufactures railings, gates and balcony balustrades, along with other forms of architectural metalwork i.e. the steel fabrication required for metal beam work. Most products are formed in mild steel, but the company has the capability and experience to produce products in stainless steel also.
Expansion Potential
Upon purchasing this opportunity and the market position it has achieved until recent times, the new owner will possibly look for other sources of income to bring to the table whilst the traditional market for this type of company recovers. It may be seen as a time to expand the company’s operation in to the retail/ wholesale sector