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BUSINESS REFERENCE : 7170 / RightBiz FREEHOLD STEEL FABRICATION COMPANY IN EAST ANGLIA | | | | | | Steel Fabrication Company East Anglia T/O: £1,900,000 GP: 28% Well established and highly regarded business. Freehold premises situated on an industrial estate. Large Blue Chip client base. Extensive production facility with substantial inventory of eq | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Manufacturing | | TRADE TYPE: | Metal | | SALE: | Agent Sale | FREEHOLD: | £990000 + SAV | | | | | | | | | | | BUSINESS DETAILS: | This steel fabrication business trades from freehold premises within East Anglia. The building offers ample office space and two large workshops, covering an area of approximately 13,500 square feet. The premises are located on a sizeable industrial estate, with similar sized businesses nearby, on the outskirts of a large market town. There is ample car parking for both employees and customers. East Anglia is an ideal base from which to run a fabrication business, as the London market is easily accessible via the M11 motorway. The A14 European Highway links the Port of Felixstowe with destinations in the Midlands and North. The county also benefits from a good railway infrastructure and there is an international airport at Stansted, as well as an important regional airport at Norwich. East Anglia is extremely diverse with coastal resorts, delightful market towns, suburban centres, quintessential English villages and large cities such as Norwich and Cambridge.
Bag A Business is delighted to offer for sale this well established steel fabrication business in East Anglia. The company was was founded by our clients in the 1960s and has seen considerable growth since then, including the acquisition of an additional business. It is only now being offered to the market due to their wish to retire. Our clients would be happy to assist with a brief handover period should this be required. The company is involved with the fabrication of various steel items, including structures used in the building industry, and also the provision of straight and spiral staircases. The average contract value is sizeable and some projects may run for many months. The business currently employs around 30 loyal and skilled staff and is being sold with the order book in an excellent state. The combined businesses are sold with a significant inventory of capital and vehicles. The acquisition of this profitable and established concern could be of significant interest to existing players within the fabrication market. The customer base is extensive and the business could integrate successfully with an existing operation. There is potential to develop the customer base and increase turnover through advertising and marketing, which has been undertaken to a limited degree in recent years. The business is being sold as a as a freehold opportunity, although our clients would consider a lease option. Early viewing of this thriving business is highly recommended.
FINANCIAL PROFILE
W/T: £36,500 approx
GP: 28%
OPENING HOURS
As contracts dictate
PROPERTY DETAILS
Freehold office, yard and production facility, briefly comprising:
GROUND FLOOR
Offices
Storage facilities
2 large workshops
Paint shop
W/Cs
FIRST FLOOR
Offices
Drawing room
W/Cs
EXTERNAL
Parking to front and side
Yard
TENURE
Advised freehold | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 7170 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
