Total of 18656 firms and businesses for sale today Tuesday 19th March 2024
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Sold. Specialist Architectural Metalwork Services Company

LISTING DETAILS
Firms For Sale ID:
35083
Vendor reference:
IT092
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£270,000  
Turnover / revenue:
£527,000
Net profit / cashflow:
£67,000
Years established:
24
Trading hours:
Monday – Friday: 8.00am – 5.00 pm
Number of employees:
6
Employees / staffing:
The owner manages the business, ably supported by a 2 x full time staff including a very experienced and internationally renowned metalworker, who manages all metalwork operations and a full time administrative assistant. This small but productive team are supported by 4x permanent contractors and rely upon a trusted team of contractors on a project by project basis. It should be noted that staff have been working with the company for many years. They understand the company’s quality approach and work to the very stringent standards this business expects and delivers on a consistent basis.

OTHER DETAILS
Reason for selling:
Genuine retirement.
Support and training:
The owner is happy to provide support and training for a negotiated period of time.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business runs from modern leased premises on a popular business park and is divided between two separate units on the same site. The premises comprise of two buildings, each of two floors and are each circa 4,700 sq. ft. in total with offices accessed via main doors and roller shutters for the fabrication workshop areas. The units each have toilet facilities and offices. One unit is used as the main administrative office on the first floor and fabrication & paintwork in the ground floor workshop. Mains services are connected with Gas, Electricity and Broadband. The second unit is predominantly used for storage, welding and fabrication. Combined rent and rates is circa £52,000 per annum.
 
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BUSINESS DESCRIPTION
Specialist Architectural Metalwork Services Company
Specialising in the restoration of period metalwork to important listed properties
Ref. IT092
Location : South Wales
Asking Price : £270,000 + Net Assets
The business is an established, highly regarded and profitable company which has been in business for over 24 years and has worked very hard at establishing itself as a specialised provider within the marketplace. It is particularly associated with providing high levels of workmanship at a competitive price, but above all, for its reliability and responsiveness to the requirements of its customers.
Clients and customers include property management companies with responsibility for private estates, architects, specifiers and main contractors for large government and other institutions requiring understanding, sensitivity and care in providing solutions to complex restorations issues.
Projects range in size from just a few items to the longer term that includes more than 400 individual articles but it is often the complexity that drives value in these matters and not the volume since there is much skill in first assessing the requirement and then making critical choices concerning the balance between restoring what remains with replicating what is too damaged to be restored and at the same time maintain the historical integrity of all metalwork.
The business is kept very busy running its operation from two modern premises that include a workshop, storage & very well appointed offices in South Wales from which it services clients and customers all over the UK.
With a strong history in the building sector and understanding what can and can’t be done, the right solution is provided for every client – whether that be a single remedial treatment, or fulfilling the requirements of an entire property with a much higher order value. Clients will sometimes have more than one property and some of these will be of historic significance and listed status.
The strengths of this company include its expansive technical knowledge and its practical expertise. All work is undertaken by directly employed, qualified and highly experienced teams, which also helps to create a strong trading base.

Market / Competition / Non-Competition Agreements
The business has an excellent company website that comprehensively and attractively presents the high quality services on offer.