Specialist Steel Fabrication Company For Sale

Business description

The Company has been owned by the current vendors since inception and offers specialist services in Steel Fabrication Work, and provides Factory Maintenance, Structural Steelwork and Architectural and Welding Services. The company produces structural steel products including (for instance) portal frames, Mezzanine floors, Balconies and Balustrade installations, fire escapes, and hand railing. The company provides a comprehensive package including full design and build to suit customers’ individual requirements, offering a “build to measurements” service.

The Company has grown very quickly, with limited resources and developed into one of the region’s most reputable fabrication companies, producing a wide range of high-accuracy products for a broad customer base and believe strongly in modern production techniques, the overriding aim is to remain ahead of the field through consistently offering better and more reliable services.

The Company’s extensive knowledge enables it to fulfil every function from product management and design right through to manufacture. The team has the required skills to:

• Design - or assist with the design of products from concept
• Manage designs through to production in its own workshop
• Manage the production of existing designed products
• Produce prototypes
• Achieve a fast turnaround of prototypes and production runs from its own facility

The company help customers by using the most effective methods of manufacture to produce a high quality product economically. The Company is small enough to undertake small jobs, and it can also handle the larger ones, for example an eighty-five ton job was completed recently. The Company is small enough to care and big enough to make it happen.

Property information

Location:

The company is based at premises that comprise of approximately 6,600 square feet of Workshop/ Factory Unit, and offices. Leasehold the premises offer excellent possibilities for expansion in the future if required. There is a five-year lease to December 2010. Rent is £24,000 per annum with a service charge of £8,000 per annum.

Other information

Expansion potential:

The current market for this business is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.

The Company has obtained new contracts, which could certainly lead to expansion of the company, as future work from this new source is likely to be available. Business operations are not at maximum capacity so there remains considerable scope for an increase in production. The Company has huge capabilities for expansion with the obvious benefits of increased turnover and profit that could be achieved simply by gearing operations in line with current market demand.

Competition / Market:

The only substantial advertising undertaken by the business has been in Yellow Pages, Thompson Directory, trade magazines and the local press. The Company undertakes sponsorship at local levels and the company’s name is displayed on the sides of the Firm’s transit pickup truck, which acts as a mobile visual means of advertising. The vendor recognises that investment in a Company website would be a valuable asset.

Support & training:

Support and training will be provided for a period of time to be negotiated prior to the sale.

Reasons for selling:

The Vendor has started this company from scratch, and it now celebrates an established and loyal customer base, with tremendous opportunities for substantial further expansion. He now considers that the time is right for a purchaser to bring this business up to its next operating level.

Contact the seller