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Steel Fabrication Merseyside

Undisclosed, Merseyside
Freehold Price:
£1,800,000
Status
FOR SALE
Advert ID
247452
Reference
Z-2069-C J / Rightbiz
Business
Hilton Smythe is delighted to introduce to the market this flourishing family run business which was originally founded in 1979 with a successful change of brand and image in 2002 propelling the business to the hugely profitable concern it is today.

The business specialises in bespoke fabrication projects from planning and design through to installation. The business prides itself on the exceptional quality of workmanship which has resulted in a substantial loyal client base throughout the country and is very well respected within the industry. The business has secured several on-going major contracts with large multi-national blue chip companies.

The business offers a comprehensive service working on projects both large and small to client's specific requirements. Projects include structural steelwork, architectural metalwork, mezzanine flooring, staircases, fire escapes, canopies, window guards, walkways, handrails, balustrades and balconies to name just a few. All work is carried out by a highly skilled team to the relevant health and safety standards.

The business has seen phenomenal growth over the years, and we believe would be an ideal acquisition for an established business working in a similar field. The business genuinely comes to the market due to our clients other business commitments.

Location
The business is located in a thriving industrial area within the North West of England.

Premises
Approximately 2050sq ft industrial unit with first floor mezzanine, briefly comprising:-

Factory workshop where structural steelwork is carried out.

Ladies and Gentlemen's toilet facilities

Substantial spray booth and large storage area.

On the first floor mezzanine is the staff canteen and large office.

Access is via large automatic roller shutter doors and the business benefits from cctv, alarm system and security ram bars.

Equipment includes:

3 phase mig sets
Band saws
Radial arm drills
Steelworkers
Fork lift truck
Spray booths
Full up and down overhead crane
Various power tools for the trade

5 vans

This unit is 5% owned and the remainder is the owners Fathers to which they rent at £12,000 per annum. They also rent a unit across the road for £15,000 per annum.

Tenure
We are advised freehold

Hours
The business opens:-

Monday - Thursday 8.00am - 4.30pm
Friday 8.00am - 3.30pm
Saturday and Sunday closed

Staff
The business is run and managed by the family with the assistance of a skilled workforce of 28. The owner would also be willing to stay on for a 6 month handover period.

Financial Profile
The business reports a fantastic turnover of £1.5m per annum as of 2017 accounts, with gross profit in the region of £940,000.
The business has taken on a new 12 month order for £1.5m as of April 2019.

Listing Details
Freehold Price: £1,800,000
Tenure: Freehold
Location: Undisclosed, Merseyside
Sector: Metal Businesses, Manufacturing Businesses
Financials
Annual Turnover: £1,804,805
Contact Agent
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Advert Reference: Z-2069-C J / Rightbiz
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