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Business for sale in United Kingdom - Is030-sheet metal & light fabrication company- middlesex

Asking Price: 135,000 £ Real Estate: Lease
Sales Revenue: 292,000 £
Net Profit: 58,000 £
Year Established: 1974
Employees: 2FT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/City of London/Middlesex

Business types:

Manufacturing

Business categories:

Other Manufacturing ; Primary Metals

Business description

established for 35 years, this business is a high quality sheet metalwork and light fabrications workshop, with a blue chip customer base within the uk. This business has combined engineering experience in the food and chemical industries, as well as general engineering work. The company is among the best known sheet metal fabricators in the region, with exceptional manufacturing assets and a strong cash flow.

 

the company has a proven history of working with a variety of materials, including steel, stainless steel and aluminium. The business specializes in all types of welding, air conditioning, duct and fume extraction, material handling systems, specialized conveyors for the plastic and food industries, guillotining, folding and rolling, machine guards, tanks, stainless steel and aluminium.

 

they are committed to providing effective manufacturing solutions, including product design, prototyping and fabrication for all production runs no matter what size or complexity. A high level of importance is placed on client relationships and support on high quality products with friendly, personal and professional service. Sales exceeded £292,000 in the last twelve months with an excellent cash flow; work in progress and material stocks.

 

the company grew from its initial limited resources, but now have a complete range of essential tools and machinery for all aspects of steel fabrication work, both workshop and on site. There are numerous testimonials from customers attesting to the quality of work which the company produces, clients who are happy to have become regular clients of this highly reputed operation.

 

the business provides a rapid prototyping service, bringing designs to life in as little as 24 hours, depending upon job complexity and enjoying a customer base manufacturing high quality components for products. they offer a comprehensive turnkey package for their customers from inception to conclusion, and are renowned for their excellent quality and reliability of being able to meet deadlines

 

this business operates from a modern, well equipped workshop, approximate 2000 square feet, located close to the m25, in west london. The business is known throughout the industry for its quality and integrity, where all stages of design and production are carefully monitored to ensure that delivery commitments are met.

 

equipment:

 

the business has achieved a competitive advantage from its investment in modern machinery including 2 sign written vans, brake press, guillotine and various workshop and on site tools. The business also holds customers’ machines and tooling for specialised contracts and has a complete line belonging to one customer, enabling it to be the sole producers of these components under contract.

 

 

customer service:

 

  • this business does everything possible to enhance their excellent reputation and to develop commitment to customers' needs
  • they have a full range of design and manufacturing equipment with own paint shop.
  • a timely delivery service
  • full design service
  • fast turnaround

 

key strengths:

 

  • very well established business providing high customer service levels
  • high level of self sufficiency giving profitable pricing and fast turnaround
  • pleasant location contributing to low overheads
  • full range of quality machinery and tools, both workshop and on-site
  • excellent operating margin
  • excellent cash flow

 

key opportunities :

 

·                    opportunity to computerise and ensure cutting edge efficiency and manufacturing

·                    excellent opportunity to incorporate regulated stores within the workshop

·                    excellent opportunity to expand advertising as currently little is used

·                    scope to increase in-house training of staff and enhance productivity

 

growth & expansion :

 

the current market for this business is growing, and are forecast in the short and long term for significant growth. With a new owner bringing fresh ideas and investment, the company will be well positioned to take advantage of the growth, as it occurs. 

Additional information

Additional information: Not Disclosed
Support & training: Full business familiarisation, training and handover will be provided by the owner in order to ensure a smooth transfer is achieved.
Reasons for selling: This is a genuine retirement sale.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: The lease term is for two years which expires on 2010. Rent is currently circa £14,500 per annum, with rates payable circa £5,000 per annum.
Location: This business is located in established leased premises of approximately 2000 square foot, with ample parking, in a very pleasant area close to all amenities. The Business currently operates from a large industrial unit with storage, work shop, yard and office. The lease term is for two years which expires on 2010. Rent is currently circa £14,500 per annum, with rates payable circa £5,000 per annum.

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