Specialist Pipework Engineering Company For Sale

Business description

Its current directors who are both engineers established this business in 1986. The company has a wide range of skill sets but specializes in fabrication work and pipework engineering.

It carries out design, manufacture, testing and installation of pressure vessels and ancillary pipework. It is highly experienced in boiler refurbishment, re-tubing and general repairs and is also is highly respected for its work with all forms of heat exchangers be it manufacturing new systems of repairing existing units.

The company has a comprehensive in house machine shop and all hydraulic testing is carried out on site. The team of welders are all highly qualified and coded according to their abilities.

Property information

Location:

The company operates from leasehold premises with a total floor area of circa 4000sq ft. including two offices and the shop floor. There is an additional area of around 4000sq ft outside. They are protected by a Red care alarm system.
The premises are subject to a ten-year lease with nine years left to run. There is a five-year break point.

Other information

Expansion potential:

There is a massive opportunity to grow this business over the next ten to fifteen years. There is a huge amount of development work going on within a thirty-mile radius of the company’s headquarters. A particular area for expansion will be to play a part in the development of works in Port Talbot where £60,000,000 is schedule for investment over the next decade.

Competition / Market:

The company does not have a marketing budget.

Support & training:

Both directors wish to see the business continue to flourish and will make sure that there is a full and professional handover for a period to be agreed as part of the overall negotiations

Reasons for selling:

The directors have decided to retire.

Contact the seller

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