Specialist Electroless Nickel Platers Business For Sale

Business description

This engineering business was established in 1980 and specialises in electro less nickel-plating for engineering parts. Various domestic and Foreign Patents cover the process equipment designs, innovative chemistry and processing techniques. The solution formula has been tried and tested over 30 years.

The company has the formula to Black electroless nickel plating, which is not currently put to use. Matt Silver Finish is used for engineering companies at present and bright nickel plating could be possible with installation of an extra tank.

The business is steadily developing through carefully planned growth and is equipped to provide a professional high quality service to a wide range of industry sectors.

The company operates for the benefit of customers operating "just in time" and scheduled delivery systems and benefits from having the facility to make the plating solution in-house. This means the company is able to offer a flexible response to individual requirements within the same exacting quality standards that all its customers insist upon.

The company operates its own quality control system and feedback from the large client base, which extends country-wide and as far as Eastern Europe, has assured the company that it is one of the best.

Electroless nickel plating is a popular method of coating objects with nickel. It is called "electroless" because no electricity needs to be provided to initiate and/or maintain the process. This is known as Autocatalytic Chemical Reduction. There are several other advantages to using Electroless nickel plating (ELP) instead of nickel electroplating as follows:

Non-metallic surfaces such as plastic can be coated with nickel.
The coating is more uniform.
Electroless coatings have improved corrosion resistance.

Property information

Location:

The company operates from leasehold premises on a renewable lease that currently have two years remaining. Rent is £10,250 plus business rates of £3,250 per annum.

Other information

Expansion potential:

Significant growth potential could be achieved with new expertise and resources. Investment in sales staff could provide the opportunity to widen the scope of the business. There is enough area on site to add an anodizing plant, anodizing alone could double the turnover.

More than ever consumers are looking for reassurance that they have chosen a reputable specialist and the company would benefit from ISO certification, a 50% government grant would be available to the company.

Competition / Market:

Yellow pages, leaflets and brochures and the Internet are used to advertise the company. A large percentage of new clients derive from recommendations, the business regards existing clients as their best advertisers.

Reasons for selling:

The business is offered for sale due to personal reasons. Our client will work with the new owner for at least six months to ensure a smooth handover of the business.

Contact the seller