Total of 18659 firms and businesses for sale today Saturday 4th May 2024
Sold. Trailer Maker & Light Engineering Company
LISTING DETAILS
Firms For Sale ID:
8226
Vendor reference:
IQ010
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£130,000
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed
Years established:
20
Number of employees:
8
OTHER DETAILS
Reason for selling:
The Managing Director has additional horticultural interests but will be willing to stay with the company for an agreed contract period on a full time or part time basis.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premises are owned by a private landlord and are available to purchase for the sum of £180,000 if required by the buyer. Alternatively a lease could be negotiated for an acceptable period.
BUSINESS DESCRIPTION
Trailer Maker & Light Engineering Company
Ref.IQ010
Location South West
Asking Price £ 130,000 plus Stock
The company has been trading for approximately twenty years and was acquired by its present Director four years ago. Its core market is the manufacture of domestic and boat trailers of any size and it has a long-standing and loyal client base both in the UK and abroad. Trailer maintenance generates additional revenues and helps to keep the business in touch with its customers. It also offers the unique service of trailer breakdown rescue and repair.
The company also provides a complete building fabrication service, supplying and installing structural steel work for industrial, commercial and agricultural units in and around the region. It has the capacity to handle jobs requiring up to forty tons of steel in production.
A range of well known developers and building companies regularly order additional services such as gantries, railings and lintels. Growth has been consistent over the past four years and at any one time the company has in the region of six months work in forward orders.
Expansion Potential
There is a good opportunity to grow this business in a number of ways. Firstly effective marketing could expand the production of trailers and relationships with boat builders and retailers both here in the UK and abroad. The maintenance of trailers could be contracted or scheduled with owners receiving notification of service dates in advance with either an onsite inspection or a collection and delivery facility. The rescue and repair operation could be marketed to create strategic alliances with Green flag, the RAC and the AA.