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Business For Sale. Well Established & Profitable Steel Fabrication Company

LISTING DETAILS
Firms For Sale ID:
35010
Vendor reference:
IS053
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£150,000  
Turnover / revenue:
£264,000
Net profit / cashflow:
Undisclosed
Years established:
30
Trading hours:
Monday Saturday AM: Typical 40 hour week On site as required
Number of employees:
5
Employees / staffing:
The vendor works full time in the business generally carrying our site surveys and purchasing materials. The business also employs a book-keeper, charge hand, fabricator, labourer and an apprentice. Staff are highly skilled and are able to multi task if need be. The staff hold the necessary skills, paperwork and qualifications to carry out their jobs effectively and professionally, whether that be in the workshop, office or on site. The company has an excellent health and safety record and is trusted by its partners.

OTHER DETAILS
Support and training:
The current owner would be happy to provide full training and support at handover and may be prepared to stay on for a further period should a new owner so require subject to negotiation.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business operates from ideal leasehold premises with excellent access to the road network. Current Rent is circa 800 per month. It is understood a new lease will be available to a new owner subject to negotiation.
 
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BUSINESS DESCRIPTION
Well Established & Profitable Steel Fabrication Company
Ref. IS053
Location : West Yorkshire
Asking Price : Offers In Region Of 150,000
This well established and reputable business was set up by the vendors almost 30 years ago and in that time has grown into a highly skilled and professional steel engineering and fabrication company providing its clients with a diverse range of products and services.
The majority of products supplied are manufactured in mild steel to meet customer specification. The company provides a complete turnkey solution from initial design through to supply and installation.
The company has positioned itself as a high quality premium supplier to the market and as such has built up an impressive historical customer base in the region. These customers include both commercial organisations and domestic clients from a wide variety of sectors within both the private and public sector.
Typical range of products this business supplies includes
Balustrading and handrailing
Gates, fencing and railings
Grilles
Mild steel fabrication
Welding services including onsite erection
The business has a highly skilled workforce and manufactures and supplies to exacting standards. Its infrastructure is such that it can meet the most demanding customer requirements.
The business has built up a sterling reputation based on quality, knowledge and superior product design and manufacture . The company currently carries out pretty much all production in house.This ensures excellent quality control and superior product delivery.

Expansion Potential
Even though the business is well established there are significant opportunities to expand. The company does not employ any dedicated sales representatives nor does it have a catalogue to supply architects/specifiers/contractors and end users illustrating the products it can supply. The vendor has never proactively chased work; he has been totally reactive to the ongoing demand. A more proactive approach could significantly increase revenues as the products and services it provides are always in demand.

The business has spare capacity in terms of infrastructure.

Market / Competition / Non-Competition Agreements
The business has a basic yet informative website showcasing the type of products and services it can provide.