Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Sold. Well Established Sheet Metalwork & Steel Fabrication Company

LISTING DETAILS
Firms For Sale ID:
32569
Vendor reference:
IS044
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£30,000  
Turnover / revenue:
£176,000
Net profit / cashflow:
£40,000
Years established:
1988
Trading hours:
Monday – Friday: 0800-1630 currently
Number of employees:
1

OTHER DETAILS
Reason for selling:
The vendor is planning his exit strategy as he wishes to retire
Support and training:
The current owner would be happy to provide full training and support at handover and stay on for a period ot time after the sale if so required subject to negotiation.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Current lease expires 2014. Rent and rates circa £1,887 per quarter. Business could easily be relocated should a new owner so require.
 
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BUSINESS DESCRIPTION
Well Established Sheet Metalwork & Steel Fabrication Company
Ref.IS044
Location Stoke-On Trent, Staffordshire
Asking Price £ 30,000
Set up over 25 years ago this very well established and reputable business provides a comprehensive metalworking and fabrication service to a range of impressive clients mainly on a local basis. The business has been developed over time with re-investment in the company. Because of this the company can boast a good level of plant and machinery as well as knowledge of the market. This internal capability enables the business to carry out a variety of projects with quick turnarounds.

The business can boast some very impressive blue chip customers and serves a wide range of markets including the utilities sector and construction sector as well as carrying out general fabrication work. The company serves both the public sector and private clients alike. From first contact to completion the onus is geared towards complete customer satisfaction.

Scope of works includes cutting, guillotine work, drilling, punching, folding, welding and press work.

Expansion Potential
The business is well positioned to take maximum advantage of growth markets as they occur such is its ability to provide a large range of products and services in house with quick turnarounds. It has the infrastructure already in place to cater for significantly more work, be it volume/batch production or ad-hoc projects. It also has a client base that is seeing good growth and it could easily develop its current account base further by actively promoting the company and chasing work.

Market / Competition / Non-Competition Agreements
The business operates from ideal leasehold premises situated on a well known industrial estate. It has good access and plenty of parking. Unit comprises workshop, office and toilets. Circa 1,400 square feet.