60-Year Established Steel Fabrication Business for Sale in Chatham Kent
Chatham, Kent
- Status
FOR SALE
- Date Submitted:
01/10/21
- Advert ID
283756
- Reference
B06462 / Rightbiz
- Call Agent:
- Leasehold: £220,000
- Turnover: £451,512 (£8,683 Per week)
- Net Profit: £37,741 (9% Profit margin)
Business Details
Well established Steel Fabrication business for sale
BusinessPlease quote reference B06462
CoGoGo is delighted to welcome to the market this well-established and busy structural steel engineering and design business to the market.
The business is well respected within the industry, having over 60 years’ experience spanning over three generations of the same family, only now has the business been introduced to the market for sale as our clients look to take a well-earned break from the industry.
Brygate Limited, supply, fabricate and install all types of structural and Architectural Steelwork within the construction industry, from their head office location in Kent that benefits from having a large workshop, they are able to manufacture and manage major projects within the UK, Ireland and across Europe.
The business is also proud to promote that they are fully compliant to the current industry standards and requirements as they maintain the highest of standards throughout their work. The business's BSENE1090 accreditation is ex class 2 but will be upgrading to EXC Class 3 in the next few weeks, allowing the business to comply with the important CE marking process within the industry.
The business trades on its reputation for quality and service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.
Very rarely do businesses of this calibre come to the open market therefore, early viewing must come highly recommended to avoid disappointment.
Location
The business is located in a busy and thriving Premier Business Park in the popular town of Chatham in North Kent.
The local area is well serviced having many amenities within easy reach including along with excellent public transport links, as well as being only a short drive to both the M2 and M20 with Rochester and Chatham train stations providing high speed trains into Central London in only forty minutes.
Premises
The business is located in a purpose-built industrial facility, occupying 2 units, that briefly comprise extensive workshop areas, with ample workspace for large projects, with the benefit of adjoining office space along with roller door access. Externally there is a mezzanine level with further, well equipped office space, along with a yard area with storage and off-street parking.
Tenure
We are advised that the business is being sold on either a Leasehold or a business only basis.
The Landlord is happy to agree new Lease terms as the current agreement is monthly with the rent at £1,200+VAT per month.
The business however, can be fully relocated.
Hours
The business hours are -
Monday – 08:00 – 17:00
Tuesday – 08:00 – 17:00
Wednesday – 08:00 – 17:00
Thursday – 08:00 – 17:00
Friday – 08:00 – 17:00
Saturday - Closed
Sunday - Closed
Staff
We are advised that the business has 3 full-time members of staff.
Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £450,000. Full financials can be made available upon further request.
Please quote reference B06462
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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