Niche Quality Silver And Nickel Electro Plating Business For Sale

Business description

HISTORY

• The business was founded by the current vendors over 14 years ago, during which time they have expanded the company into the successful business it is today and as such, enjoys an enviable reputation for quality and service

REASON FOR SALE

• The business is only now being offered for sale due to the vendor’s ill health and his wish to pursue an alternative business venture

SERVICES

• The business specialises in Silver and Nickel plating to exacting standards for the Aerospace and Auto sports industries
• We are advised that there are only around 2 other businesses in the UK who are able to achieve the required quality standards

CUSTOMERS

• Both national and international, with a strong slant on Aerospace who account for circa 60% of turnover
• Auto sports account for circa 35% of turnover
• Remaining 5% is to a mix of clients and industries

STRENGTHS

• Well established for over 14 years
• Outstanding customer reputation, with almost all orders arriving from existing clients
• Very little direct UK competition
• 95% of orders are from either the Aerospace or auto sports industries, who both require precise components
• Excellent turnover and high profits
• AS 9100 approved


DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises

Property information

Property:

Leasehold

Location:

• The business is presently located in the Midlands, but could easily be re-located to suit a new operator

Premises details:

• Gated access to shared car parking of commercial building
• Fully alarmed with single camera CCTV
• Side entry from walkway into unit
• Range of work benches
• Rear production work tanks
• Side office
• Mezzanine storage
• Manually operated, side, full height roller shutter door

EQUIPMENT

• Shot blast unit
• Commercial oven
• Hydrovane compressor
• X ray machine
• 7 rectifiers
• Range of work tanks
• Computer system

Business Operation

Expansion potential:

• Invest to become NADCAP approved which is a worldwide quality standard which would open up the business to even more work
• Approach other Auto sports for whom they do not presently work for
• Take over the adjoining unit which is presently unoccupied and expand the business into it
• Accept all the work which is presently being turned away
• Website

Trading hours:

• Mon to Fri: 8.30am to 5.30pm

Employees:

• One of the vendors works full time • The other vendor works part time for circa 25 hours per week • One part time employee who works circa 20 hours per week