Manufacture And International Supply Of Site Storage Products And Containers – Sale & Hire | | Undisclosed London | | Manufacture and International Supply of Site Storage Products and Containers – Sale & Hire Ref.GI033 Location London Asking Price £800,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 44331
ADVERT IMPRESSIONS : 10,995 TIME(S) | | | | BUSINESS SECTOR: | Manufacturing / Engineering | | TRADE TYPE: | Other | | SALE: | Agent Sale | LEASEHOLD: | £800000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business profile:
Established in 1986, this business has become one of the most recognised brands in the sector. For over twenty four years the business has built up a reputation for the design and manufacture of bespoke containers for use in industry, construction, engineering and by local authorities. All products are designed to provide safe storage of tools, hazardous materials, fuels, chemicals, gas cylinders, drums and flammable products.
The second dimension of this business is that it also manufactures anti-corrosive tin strips, which are used to provide conductivity in industrial radiators. The strips are also used in electronic components and are attached to cables that are used in the telecoms and utility sectors.
Over the years, the business has seen many British competitors disappear; to be replaced by Chinese alternative suppliers. This has lead to this business having a relatively unique opportunity to be able to deliver much faster than its Chinese competitors, confidently boast of producing a superior product and of course benefit from end users who are determined to ‘buy British’.
The business has a highly experienced team providing a range of skills including welding spraying, cutting and tinning.
The business has developed a reputation for integrity and continued commitment to a prompt, reliable and efficient service. This is a unique opportunity to purchase such a popular, branded and well established business offering an ideal lifestyle change opportunity. There is excellent potential for further growth within the current structure.
Customer Service:
Central to the company success is its total commitment to quality and customer care, which is the area where the reputation of the business can be made or lost. Understanding this has meant that the business has prioritised this area to deliver its customer relationship management strategy.
Customer service is paramount and at the centre of the company’s approach to doing business. In terms of logistics, the key goals for customer service are reliability, speed of delivery with orders delivered complete and undamaged.
The company are proud of the service that is offered to customers. The results of this commitment are evident in the degree of return custom and the choice of this business by new customers over competitors.
Key Strengths:
The company has earned an outstanding reputation for its professionalism, vast product knowledge, and qualified service engineers. It develops and presents all its services with the utmost attention to detail, offering a high quality of service on time, efficient job completions, and excellent quality of work. This company benefits from plenty of repeat contracts many being sourced via word of mouth, due to the company’s high quality standards and efficient performance.
Growth and Expansion:
There are excellent opportunities to increase the levels of business. Since inception this business has performed to a high standard and has earned wide-recognition for the level of services provided for its clients. The current owners accept that more effort in marketing can increase sales. As the business is predominantly present in London, an opportunity exists to increase the customer base throughout the UK.
The business does already export to the likes of Germany, but there is big potential for new owners to offer the existing services further afield. The demand is there, it just needs to be rolled out.
Premises:
The property consists of office space, workshops and sizeable yard for parking and storage. It is currently owned by the existing directors. They are very flexible and will offer either the freehold or a long term lease depending on the requirements of interested parties.
Business Hours:
Monday – Friday: 8.00 am - 4.30 pm
Security:
Security is extensive and includes; Hooter alarms, Redcare linked alarm, CCTV, perimeter fencing and manned security outside of business hours.
Advertising and Marketing:
The business occasionally advertises in specialist trade press. Ad word campaigns via Google are also effective. The business has a database of 500 clients.
Financial profile:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Turnover circa £798,000 per annum
Gross Profit circa £522,000
Plant and Machinery valued circa £250,000
Employees:
The business currently employs eight full time staff. There are currently two managers, one financial controller and five staff producing products in the workshop.
Support and Training:
A full handover and any necessary training will be offered to ensure continuity of trading.
Reason for Sale:
Having run the business since 1976, the current owners are looking to take a well earned retirement. | | | | | | FOR SALE | | | | | REFERENCE: | GI033 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
