Profitable Sheet Metal Engineering Firm in Dewsbury West Yorkshire for Sale
Dewsbury, West Yorkshire
- Status
FOR SALE
- Date Submitted:
26/07/23
- Advert ID
517194
- Reference
590068 / Rightbiz
- Call Agent:
- Leasehold: £500,000
- Turnover: £734,415 (£14,123 Per week)
- Net Profit: Not Applicable
Business Details
Engineering For Sale in Dewsbury
PRECISION SHEET METAL CONTRACTORS in West Yorkshire for Sale.This hugely profitable sheet metal engineering firm was established in 1996 and boasts a number of regular clients who supply finished products to giant, multi-national companies. The business specialises in the manufacture and supply of simple and complex sheet metal components to these companies. Medium to high volume repetition sheet metal component production.
LOCATION - Based in West Yorkshire and operating from leased industrial premises. The business can continue to operate from the current premises on a secure lease if new owners wish, or be relocated. The business can be run from anywhere in the UK.
THE BUSINESS - Operated by two working partners and a small team of skilled employees, over a modern four day working week. Included in the purchase price are the business goodwill, all intellectual property, client list and forward order book. Plant and machinery has a conservative estimated value of at least £150,000 and is included in the asking price. This is a very successful and highly reputable business, with excellent repeat business brought about by producing the highest quality work, meeting delivery deadlines and having the ability to meet clients specific and bespoke needs. There exists huge opportunities for ambitious and enterprising new owners with the necessary skills and experience in this industry to promote the company, chase and tender for new contracts and take the business to a whole new level. Demand for services is high, but so far untapped, due to the owners having one eye on retirement now.
TRADING INFORMATION - Turnover in this industry is prone to fluctuation, dependant on client demand to fulfil orders. The detailed accounts for year to 31st October 2022 show turnover of £1,048,393 and net profit of £334,000. Accounts for the year to 31st October 2023 show sales turnover of £734,415 and net profit of £227,379 shared by two working owners.
Stock negotiable. EPC exempt if re-located.
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Listing Statistics
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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.
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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.
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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.
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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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