Aerospace And Automotive Spraying Company In Gwent For Sale

Business description

The 10,000 sq ft over 3 units facility made up of a warehouse, three booths specifically tailored to fullfil all the requirements of wet spray application, low bake curing and air handling plant for environmental compliance while providing services for Aerospace and Automotive companies industrial only, the mezzanine print room offers Tecka Print and Morlock single and multi head screen print systems. Pad printing for the the Satellite and other injection moulding companies.
Recently upgraded our equipment with a spend of £40k.


A versatile solution to our customer finishing needs, we provide an efficient, cost effective and high performance service for both short run prototyping and volume requirments with quality levels guaranteed. Our experience in Automated Linear, Flatline and Robotic Spray Systems will steer you in achieving target costs and output for volume sensitive production.


Employing 13 people with an estimated Turnover of £500k this year. Company has been established for 8 years. Me as the director will come with the purchase of the business for a period that can be agreed by the buyer.

Property information

Property:

Leasehold

Lease terms:

5 years at present was renewed when we took on Unit 11 around 6 weeks ago.

Leasehold rent:

£30,284.16 per annum

Location:

Set in a large Industrial Estate in Gwent, with easy access to main roads with a 30 minute distance to main customer.

Premises details:

Units 9-10 6060 square ft with an outside unit which stores compressor and other items relating to process etc. Unit 11 2500 sq ft warehouse recently added to the business due to new customers and expansion.

Size in square feet:

10,000

Business Operation

Expansion potential:

The expansion potential is to enter into the Powder Coating process to which in this area there is only one competitor.

Competition / Market:

There is only two potential competitors in the area but they dont target the Aerospace Industry.

Reasons for selling:

Its been hard running this business for the past 8 years with 21 years in this industry i would like to do something else with the monies from the purchase. I am sole owner of this property.

Trading hours:

We currently run a 3 shift pattern 24/5 but there is an space for weekend work if customer schedules require it.

Employees:

13

Years established:

8

Other information

Support & training:

Me as the director will be part of the purchase for a period agreed. We are in a catchment area for grants and funding to which we have had in the past.

Furniture / Fixtures value:

£100,000 (included in the asking price)

Inventory / Stock value:

£10,000 (included in the asking price)

Website:

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