40-Year-Old Steel Security Installation Company in Leicester for Sale
Leicester, Leicestershire
- Status
FOR SALE
- Date Submitted:
13/05/21
- Advert ID
276617
- Reference
B06151 / Rightbiz
- Call Agent:
- Leasehold: £69,995
- Turnover: £125,969 (£2,422 Per week)
- Net Profit: £6,419 (6% Profit margin)
Business Details
Well established steel security installation company for sale
BusinessPlease quote reference B06151
CoGoGo is welcoming to the market U.B. CO (UK) Ltd, a highly rated and well-established steel security installation company located in Leicestershire. The business was initially established over 40 years ago, with our client taking over in 2007, only now does the business come to market as our client is looking to retire.
The business specialises in the design, manufacture and fitting of steel security systems including roller shutters, window grills, fencing, garage doors, gates and shop fronts, fire doors and fire escape stairs to name a few.
The sale of the business includes the following equiptment -
- Work benches
- Hand tools
- Website
- Shelving
- Fixtures and fittings
- Vehicle – 2014 Mercedes Sprinter LWB
- Very clean and very maintained company van with service history -1 previous owner
- 4Piller Drill Machine – Herbert 4 Spindle Drill with rise and fall table
- Guillotine – Elgar Hydra Shear Cuts up to 3mm
- Edwards Folder – Edwards truefold pan folder, folds up to 3m x 2500m
- Amanda Promecan RG50/20 Press brake
- Rhodes Break press – guillotine can cut up to 10m x 2500m
- Record Vise No 23 With table stand
- 6” bench Grinder
- Migatronic 325 Compact Mig Welder
- Air Compressor
- Large work table
- Chop Saw
The business already has an impressive turnover and is projecting a growth in the region of 33% for this financial year.
The current catchment area is the Midlands, though there is huge scope to increase the area.
Reasons to buy -
- Excellent reputation
- Scope to increase catchment area.
- Well established
- Turnkey business
- Low rent and overheads
- Lots of potential to expand the business.
Location
U.B. CO (UK) Ltd is located on Lunsford Road, Leicester. The area of the business is accessible via the A47 which links to the M1 motorway network.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is Leicester, which is approximately 1.5 miles away. Leicester city centre is approximately 1 mile away.
Premises
U.B. CO (UK) Ltd is currently run from an industrial unit comprising the workshop, office and storage space.
- Secure gate entrance
- Own parking spaces
- Extra container at the side
- 12 point locking steel door
- Metal sectional roller door
- Large office/display and storage area
- Through the roller shuttered entrance is the main workshop area, large open space with Stairs leading to the first floor.
Tenure
We are advised that the business is being sold on a Leasehold basis, with 1 year remaining on the 15 year lease. The rent is £438 per month.
Hours
The business hours are -
Monday - 08:00 - 16:00
Tuesday - 08:00 - 16:00
Wednesday - 08:00 - 16:00
Thursday - 08:00 - 16:00
Friday - 08:00 - 16:00
Saturday - Closed
Sunday - Closed
Staff
We are advised that the business is owner ran and managed.
Financial Profile
We are advised as per the 2019 accounts, the business generated a turnover in the region of £110,000, with an adjusted net profit in the region of £20,000. Full financials can be made available upon further request.
Please quote reference B06151
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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