Freehold Or Leasehold Ferrous And Non Ferrous Fabrication And Sheet Metalworkers | | Undisclosed West Midlands | | WEST MIDLANDS FERROUS AND NON FERROUS FABRICATIONS AND SHEET METALWORKERS Specialising in production of fire resistant windows & doors (25% of t/o) A/T: £300,000 GP: £35% NP: £70,000 Ideal Bolt on for co in similar market F/H: £550,000 +SAV OR L/ | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 58533
ADVERT IMPRESSIONS : 10,751 TIME(S) | | | | BUSINESS SECTOR: | Manufacturing / Engineering | | TRADE TYPE: | Metal | | SALE: | Agent Sale | FREEHOLD: | £550000 | LEASEHOLD: | £225000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business is well located approximately 2.5 miles to the north west of junction 3 of the M5 motorway in a mixed industry/residential area.
HISTORY
The business was founded by the 2 directors over 9 years ago as a specialist ferrous and non-ferrous fabricator
REASON FOR SALE
The 2 directors wish to pursue an alternative unrelated business venture
PRODUCTS
Ferrous and non-ferrous sheet metal and fabrication work for a diverse range of industries, which includes:
- Automotive, electricians, food, trains, construction, robotic welding, coach and bus and many more
The business specialises in the production of fire resistant windows and doors which account for circa 25% of turnover
The business has its own in-house quality control system, which allows it to produce goods for a large number of BSI companies
CUSTOMERS
Approximately 50 main customers for which there is no over reliance on any single client or market sector
STAFF
The business has the 2 directors who both work full time in the business and are ably assisted by 4 full time welder / fabricators
TRADING HOURS
Mon to Fri: 7.30am to 4.30pm
Extra hours as required to meet customers requirements
FINANCIALS
Sales £300,000
Gross 35%
Net £70,000
Stock holding £100,000
PREMISES
Purpose built semi detached industrial building which briefly comprises:
Entry from own car park, which can accommodate 8 vehicles into the premises
3 offices, kitchen and w/c
Side loading bay with a full height roller shutter door
2 additional offices on the first floor
The majority of the premises comprises of a 2 bay workshop with a concrete floor, overhead is a 2,000 kg crane
Other equipment includes:
L.V.D PEB 4 mtr CNC Press Brake PPEB 170/4270 CAD CAM
L.V.D Shape Delta 1250 Long Beam Punch Press 20 Station 2 auto
Bronx 3 mtr CNC Press Brake 110-35 CNC 170
Cincinnati 3.5 mtr 6mm shear
Rico 2 mtr Press Brake
Amada Corner Notcher CWS 250
Deburing Machine Fintex 846
Section Rolls Akyapak
Kingsland Metal Worker
Band Saws
Aluminium Cut off Saw
3 Miller TIG welders Syncro TIG 625
2 Herbert 4 spindle drills
2 Fork Trucks
STRENGTHS
A very well established business
Experienced and reliable staff
Spacious freehold premises
Loyal customer database
Niche product producing fire resistant doors and windows
SCOPE
Business is an ideal bolt on for another operator working in the same or similar market who by combining the 2 businesses save considerably on duplicated overheads
Employ a commission only agent to seek out new markets
Premises if added to next door would be suitable for residential development
Advertise currently the business does none whatsoever
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises. | | | | | | FOR SALE | | | | | REFERENCE: | 9910B / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
