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BUSINESS REFERENCE : IG002 / RightBiz SPECIALIST ELECTROLESS NICKEL PLATERS | | | | | | Specialist Electroless Nickel Platers Ref. IG002 Location Southern EnglandAsking Price £ 45,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Manufacturing | | TRADE TYPE: | Machinery | | SELLER: | Agent Sale | LEASEHOLD: | £45000 | | | | | | | | | | | BUSINESS DETAILS: | This engineering business was established in 1980 and specialises in electro less nickel-plating for engineering parts. Various domestic and Foreign Patents cover the process equipment designs, innovative chemistry and processing techniques. The solution formula has been tried and tested over 30 years.The company has the formula to Black electroless nickel plating, which is not currently put to use. Matt Silver Finish is used for engineering companies at present and bright nickel plating could be possible with installation of an extra tank.The business is steadily developing through carefully planned growth and is equipped to provide a professional high quality service to a wide range of industry sectors. The company operates for the benefit of customers operating
Growth and Expansion:Significant growth potential could be achieved with new expertise and resources. Investment in sales staff could provide the opportunity to widen the scope of the business. There is enough area on site to add an anodizing plant, anodizing alone could double the turnover.More than ever consumers are looking for reassurance that they have chosen a reputable specialist and the company would benefit from ISO certification, a 50% government grant would be available to the company.
Premises:The company operates from leasehold premises on a renewable lease that currently have two years remaining. Rent is £10,250 plus business rates of £3,250 per annum
Advertising and Marketing: Yellow pages, leaflets and brochures and the Internet are used to advertise the company. A large percentage of new clients derive from recommendations, the business regards existing clients as their best advertisers.
Key Strengths:The company provides a unique combination of high quality, rapid throughput and turn-round with superb performance. There are a wide variety of coating options to satisfy customers particular requirements for wear resistance, corrosion protection or aesthetic appearance.This company's strength is founded on its consistence of retaining a high level of repeat business. This company is unique in the amount of heavy plating it can handle and is recommended by other companies in similar business to overcome their heavy plating commitments. Total quality is the main objective of this Company; careful attention is given in order to ensure the highest standards. This business has strong and established working relationships with both customers and suppliers like.
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. The current turnover is circa £100,000 per annum with a gross profit margin of circa 75%.
Employees: The vendor manages the business supported by three employees
Competition:The present customers regularly trade with the business. The company has almost no rival in the business and could double the turnover if anodizing were to be introduced.
Customer Service:This business operates across the whole of the UK and has now developed connections in Eastern Europe and is dedicated to providing 100% customer satisfaction.Reason for Sale: The business is offered for sale due to personal reasons. Our client will work with the new owner for at least six months to ensure a smooth handover of the business. | | | | | BUSINESS STATUS: | FOR SALE | | | | | CONTACT: | TURNER BUTLER | | TELEPHONE: | 01895 25 6000 | | REFERENCE: | IG002 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
