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Finance And Services:

Business For Sale. Industrial Fencing (steel &timber) & Automated Gate Manufacturing & Installation Company

LISTING DETAILS
Firms For Sale ID:
35013
Vendor reference:
GE090
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£425,000  
Turnover / revenue:
£2,000,000
Net profit / cashflow:
Undisclosed
Years established:
10
Number of employees:
15
Employees / staffing:
As well as the owner who looks after the running of the company there is a manager plus an office administrator. There are three production staff and ten fence erectors in total.

OTHER DETAILS
Reason for selling:
Personal reasons. Vendor wishes to spend more time with family
Support and training:
The owners would be happy to help with a smooth transfer of the company in any way possible to help the new owners if so required.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
This is a very modern leasehold site, circa one acre secure fenced and locked industrial site with workshop buildings, car park and large yard. Premises circa 6,400 square feet with option to expand if need be. New lease to be made available to a new owner or business could be relocated should a new owner so require.
 
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BUSINESS DESCRIPTION
Industrial Fencing (Steel &Timber) & Automated Gate Manufacturing & Installation Company
Ref. GE090
Location : South Yorkshire
Asking Price : £425,000
The well-established business has been successfully trading for the last decade under the stewardship of the current owner and founder of the business. He has used his knowledge and expertise to build up the business earning a sound and reputable name. They are now a well-respected manufacturer and contractor of perimeter fencing, supplying mainly steel and wooden fencing to a host of major construction companies, building developers and local councils. The customer base spreads far and wide such is the reputation this business has secured.
More recently the business has also branched out into automated gates and this is generating significant growth moving forward. Currently the automated gates represents circa 6-7% of sales.
The company’s aim is to provide a first class turnkey service, manufacturing the fencing to individual specifications, delivering and installing the product on site. All manufacturing takes place at their large industrial site in South Yorkshire where all equipment, machinery and raw materials are stored.
The business runs with a small but highly skilled and experienced team of manufacturing staff and fence erectors who have worked with the owner and the company for many years.
The business is profitable and easy to run with no bad debts and a good cash flow. There is continual work in progress with good growth over the past three years. This is an excellent opportunity for new owners to take over the order book in place and obtain their database of regular repeat high profile clients, which the company has secured.

Expansion Potential
This is an outstanding opportunity to build on the effort and investment that has been put into this company and take advantage of the growth in the perimeter fencing and automated gate industry. With strong demand forecast for their services over the coming years the company are primed to increase turnover and profits. New owners with fresh ideas and enthusiasm will be able to take advantage of the opportunities available.

The owner has been happy with the amount of business coming in to the company over the past twelve months but believes that the business could easily double if new avenues of opportunity were explored including, water board & gas board business plus perimeter prison fencing as well as sports fencing This is in addition to the relatively new automated gate sector which is showing strong demand at present.

The company would benefit from marketing its services more proactively. There is no advertising or marketing budget within the business. All work comes from word of mouth recommendations and referrals.

Market / Competition / Non-Competition Agreements
The company has an informative website but currently caries out no other forms of marketing. It could certainly benefit from producing more marketing literature, particularly for its new automated gate products offering.