Steel Fabricator and Specialist Manufacturer For Sale - Wolverhampton, West Midlands, United Kingdom Add this business to my shortlist >>
Business description
Having been established for 22 years this privately owned business has the capability to fabricate general steelwork and also manufacture a number of specialist products. Ideally situated, many oportunities exist for expansion into a number of market sectors. With a well trained workforce and structured management, it is ready for a new energetic owner to grow and develop. Years established: 22 years
Employees: 29- of which 20 shop floor
Trading hours: 8.00 to 4.30 week days
Property
Freehold Lease terms
The freehold is owned by the shareholders as a separate entity and is offered for sale at the current market value of £800,000.00 or on a long term lease with standard commercial terms at a starting rent of £65,000.00. The building is well equipped with suitable cranes, power supplies and gas. Location
The business is based on a small, secure, jointly owned and managed estate close to the motorway network and all major suppliers and service industries. It has a 28,000 sq ft building, secure yard and ample on-site parking Expansion potential
The current owners accept that very little effort has been put into product and market development over the past few years and know that with a new energetic ownership and fresh approach the company could grow very quickly and develop a number of new products and customers. There is a choice of routes to take depending on the new owners objective, Competition / Market
The overall market is huge and supplied by relatively few specialist suppliers. Customers supplied directly or indirectly are in a variety of industries;quarry equipment; major structural steel; water treatment; process; air conditioning and plant services; contracors in residential, commercial and industrial markets. With a flexible approach and segmented market risks are minimised. The company enjoys many repeat orders and is a preferred supplier to many customers. Support & training
The curret owners accept that any new owners will need help for a reasonable period and intend to make themselves available for consultation for a period. Reasons for selling
The owners wish to retire, hand over a thriving going concern and hope that the business will flourish and prosper as a legacy to years of dedication.
Employees: 29- of which 20 shop floor
Trading hours: 8.00 to 4.30 week days
Freehold
The freehold is owned by the shareholders as a separate entity and is offered for sale at the current market value of £800,000.00 or on a long term lease with standard commercial terms at a starting rent of £65,000.00. The building is well equipped with suitable cranes, power supplies and gas.
The business is based on a small, secure, jointly owned and managed estate close to the motorway network and all major suppliers and service industries. It has a 28,000 sq ft building, secure yard and ample on-site parking
The current owners accept that very little effort has been put into product and market development over the past few years and know that with a new energetic ownership and fresh approach the company could grow very quickly and develop a number of new products and customers. There is a choice of routes to take depending on the new owners objective,
The overall market is huge and supplied by relatively few specialist suppliers. Customers supplied directly or indirectly are in a variety of industries;quarry equipment; major structural steel; water treatment; process; air conditioning and plant services; contracors in residential, commercial and industrial markets. With a flexible approach and segmented market risks are minimised. The company enjoys many repeat orders and is a preferred supplier to many customers.
The curret owners accept that any new owners will need help for a reasonable period and intend to make themselves available for consultation for a period.
The owners wish to retire, hand over a thriving going concern and hope that the business will flourish and prosper as a legacy to years of dedication.
Financial Details
Sales revenue:
£2,400,000
Net profit:
£157,000
Fixtures value:
£157,000
Inventory value:
£220,000
£2,400,000
£157,000
£157,000
£220,000