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Business for sale in United Kingdom - Is024-structural steelwork fabricator

Asking Price: 950,000 £ Real Estate: Lease
Sales Revenue: 1,100,000 £
Net Profit: 165,000 £
Year Established: 2004
Employees: 22FT, 22PT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/Scotland/Scottish Central Belt

Business types:

Manufacturing

Business categories:

Other Manufacturing

Business description

This business was founded in 2004 by the Vendor who took full adavnatge of his 30 years in the industry, enabling him to grow his business which is now a significant company within the Structural and Secondary Steelwork sector. The business operates from a prime location in Scotland and has established itself as one of the region s leading independent fabricators of structural and secondary steelwork. Many current customers have been loyal to the business since the very beginning and this has been due in no small part to the business s competitive prices, quality products, first class service and attention to detail. With the additional benefit of National Contracts with the likes of Network Rail, the business continues to go from strength to strength. The business has always believed in the pursuit of excellence and quality craftsmanship, ensuring that valued customers receive the very best service and quality of product at all times. The business has shown itself to be resilient in the face of competitive and economic forces and has maintained strong and incremental growth over its 4 years of trading. No small part in the ability of this business to grow and sustain its profitability is due to the quality of its people. The business has a strong commitment to the development and welfare of its staff; which has contributed to the excellent profitability of the business and its current position as it is poised to exploit expected and significant new growth in turnover. Customer Service: The business manages several hundred customers and has the systems, processes and people to ensure that both productivity and customers orders are satisfied. Being a regular supplier to Blue Chip companies, the business must reproduce high quality and consistant workmanship, day in, day out, leading to reputation for excellence. High quality service, with flexibility, honesty, reliability and good value, every order request is important and customers always come first. The result is self evident in the business s sustained level of repeat business. Key Strengths: The business is an autonomous organisation where the business owner has, over time developed and nurtured a team capable of overseeing business operations effectively, reducing the need for constant or daily input from the vendors. This has resulted in customer relations founded on a history of trading satisfaction and not contingent upon the presence of the vendor. The business is well established and very profitable, with a loyal and growing customer base, retaining a high level of repeat business, particularly among a number of customers returning on a regular basis and having done so for many years. The company has earned an outstanding reputation for its professionalism, service, reliability, flexibility, efficient order fulfilment and a willingness to help. Growth and Expansion: The current market for this business s services is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs. Key Opportunities: This is an outstanding opportunity to build on the existing services and customer base of this company. With a strong demand for services combined with a capacity to increase turnover via the substantial petro-chemical sector, a new owner contributing fresh ideas and investment in resources will have every advantage of building on an excellent platform. This firm maintains an extensive base of satisfied customers, who appreciate the company s superior services. There are many excellent avenues for growth, especially with marketing investment and forecasts which are showing early trends for growth and development.

Additional information

Additional information: Not Disclosed
Support & training: The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.
Reasons for selling: The business is for sale as a result of the vendors’ wish to semi-retire and enjoy the ‘fruits of his labour’.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Not Disclosed
Location: The business is located in an easily accessible area in Scotland on a secure industrial estate, and operates from a leasehold site of circa 10,000 square feet including warehouse capacity of circa 5,000 with 2 overhead cranes, mess hut and 7 administrative offices set out in portakabins. The premises represent the professional qualities and service the company has built its reputation upon.

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