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Business for sale in United Kingdom - Is025-electroplaters and metal finishers

Asking Price: 450,000 £ Real Estate: Lease
Sales Revenue: 540,000 £
Net Profit: 100,000 £
Year Established: 1969
Employees: 11FT, 2PT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/London Borough of Hillingdon/Midlands

Business types:

Manufacturing

Business categories:

Primary Metals

Business description

Turner Butler is delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before. This 3 year old company has been driven and managed with great passion by its Managing Director, who has attained an impressive 40+ years of generic experience with this industry. The company specializes in the field of Electroplating, Anodising and Spraying with a large percentage of its work coming from the Ministry of Defence, where they provide applications for small arms and weapons. Indeed, such is the strength of their reputation that their turnover is increasing, when trading conditions have become more difficult in the open marketplace. The company works within the stringent quality assurance standards of ISO 9001 2000 and the Managing Director is prepared to consider a period of retention (by separate negotiation) if required, which would provide a more seamless uptake of contracts and client base for the new owner. Equipment: The company owns and maintains a wide range of equipment and tooling which is used in the daily execution of their business. All such equipment is to be included in the successful sales package. Customer Service: The levels of customer service provided by the company are demonstrated in their ability to regularly win M.O.D. contracts whilst complying with industry quality assurance schemes. Key Strengths: It would seem that the company has earned its enviable reputation by continually providing solutions related to their customer bases challenges. This is emphasised by their ability to provide One Stop Shop solutions also. Growth and Expansion: A schedule for growth and expansion is already in place and working for the favour of a new owner. Key Opportunities: The new owner may wish to look at updating some of the equipment and machinery already used in favour of continuing growth and the securing of new product contracts.

Additional information

Additional information: Not Disclosed
Support & training: Full support and any necessary training will be provided during handover as part of a successful sale package.
Reasons for selling: The reason for the sale is the Managing Directors wish to retire.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Rental of the premises is by way of an informal rental agreement, with annual rent coming in at circa £54,000 and rates coming in at circa £16,000.
Location: The company’s premises are sized at circa 20,000 square feet and consist of a two storey factory type building in a location of buildings of similar construction. The building layout is one of factory at ground level and offices to the second floor. Rental of the premises is by way of an informal rental agreement, with annual rent coming in at circa £54,000 and rates coming in at circa £16,000.

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