Well Established Engineering & Fabrication

Undisclosed, East Lothian

Status

FOR SALE

Date Submitted:

13/08/19

Advert ID

240755

Reference

B05130 / Rightbiz
Asking Price: £299,950
Annual Turnover: £361,775
Business
Please quote reference B05130

Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a business only basis) an exceptionally well run and performing, “turn key” national & international, engineering & fabrication business, with an excellent reputation along with a strong and consistent brand.

The business has only now come to the open market as it’s our clients desire to take well-earned retirement after many successful years of trading.

The business has been under the careful and meticulous ownership of our client’s family since the early 1900’s and who have grown the business year on year to an impressive level of turnover.

The business offers a bespoke engineering & fabrication service to clients in the following industries:

  • Malting, brewing & distilling
  • Food Process & production
  • Water supply services & treatment plants
  • Quarries & aggregates
  • Government departments & construction
  • Sawmills & timber production
The business currently holds Factory Production Control Management Systems and Coded Welding/Welding Procedures to allow the supply of load bearing and welded structural steel components up to Execution Class 2 according to BS EN 1090-2: 20087 + AI: 2011., along with being Gas Safe registered

 Its customer base reflects this which is a mix of national and regional businesses that it has fostered strong working relationships with over the years of trading, with the current owner keen to see this continue.

We feel that there is tremendous scope to increase the already impressive turnover and take the business to the next level by undertaking in a robust national marketing campaign to generate new contracts along with the possible expansion of the workforce to help accommodate new and ongoing contracts along with revised operating hours. The business would further benefit from an updated online presence via its current website, that would also help boost the profile of the business

The business trades on its reputation for quality and service and has outstanding future possibilities. It would potentially make an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry

A tremendous opportunity to own this turn key business, and early enquiries must come highly recommended to avoid disappointment.



Location
The business is currently located in the East Lothian  area  of Scotland  but is easily relocatable, and currently  operates from a purpose built industrial unit within a large, well known trading estate, surrounded by a plethora of complementary businesses, with ample parking, easy access for deliveries and close proximity to the road networks, making for easy commuting to the larger cities across  Scotland and road networks into England and beyond.



Premises
Business only 

A full list of equipment to follow



Tenure
Business Only



Hours
Work completed as and when needed



Staff
N/A



Financial Profile
Accounts will be made available post viewing

Please quote reference B05130



Contact Agent
Agent Name:
Advert Reference:
B05130 / Rightbiz
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