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Trailer Maker & Light Engineering Company For Sale

(Ref: IQ010)

South West, United Kingdom

Financials

Asking price: £130,000

Sales revenue: £400,000

Net profit: £50,000

Fixtures value: Undisclosed

Stock value: Undisclosed

 

Business description
The company has been trading for approximately twenty years and was acquired by its present Director four years ago. Its core market is the manufacture of domestic and boat trailers of any size and it has a long-standing and loyal client base both in the UK and abroad. Trailer maintenance generates additional revenues and helps to keep the business in touch with its customers. It also offers the unique service of trailer breakdown rescue and repair.

The company also provides a complete building fabrication service, supplying and installing structural steel work for industrial, commercial and agricultural units in and around the region. It has the capacity to handle jobs requiring up to forty tons of steel in production.

Employees: One Managing DirectorThree time served engineers One Apprentice One Labourer One part time engineer One part time accounts clerk.

Property: Freehold


Location
The premises are owned by a private landlord and are available to purchase for the sum of £180,000 if required by the buyer. Alternatively a lease could be negotiated for an acceptable period.
The building is located on a small industrial park within easy reach of the main trunk road running through the county.
All measurements are approximate
Reception area of @ 177 sq ft
Office area of @ 48 sq ft
Work Unit of @ 1706 sq ft
Extension to unit of @ 1278 sq ft
Total circa 3300 sq ft

Expansion potential
There is a good opportunity to grow this business in a number of ways. Firstly effective marketing could expand the production of trailers and relationships with boat builders and retailers both here in the UK and abroad. The maintenance of trailers could be contracted or scheduled with owners receiving notification of service dates in advance with either an onsite inspection or a collection and delivery facility. The rescue and repair operation could be marketed to create strategic alliances with Green flag, the RAC and the AA.

Competition / Market
The business does not advertise its services in a structured manner.

Reasons for selling
The Managing Director has additional horticultural interests but will be willing to stay with the company for an agreed contract period on a full time or part time basis.


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