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Business for sale in United Kingdom - Is031-fabrication & welding business-north of leeds

Asking Price: 135,000 £ Real Estate: Lease
Sales Revenue: 240,000 £
Net Profit: 1 £
Year Established: 1992
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/City and Borough of Leeds/North Of Leeds

Business types:

Construction

Business categories:

Other Construction ; Welding Contractors

Business description

this is a well run, all year round company which has blossomed in the past two years since the partners took over the business from the previous owner. They have been pro-active in approaching both new and lapsed customers attracting a good number of profitable contracts and projects to work on. The company has been successful in obtaining repeat work from these clients happy to deal with a firm that is competitive yet reliable and able to work within time constraints. The majority of their work is fabricating and welding with mild steel although they do work occasionally with stainless steel and aluminium. They have worked on jobs such as airport gantries, work for the military, climbing walls and general work for building contractors and the local farming community. Their infrastructure allows them to work both in their own factory or to facilitate on-site installations. This is a small but profitable company that has no bad debts. They are competitive, flexible, work with design briefs and within strict time deadlines. This would be ideal as a bolt on to a company wanting to take on extra work or to someone who just needs a fully functional fabricating shop with work in progress. Equipment: the company has all the necessary equipment needed for an operation this size. It includes a lwb mercedes sprinter van and a new 18’ ifor williams trailer. There are two 8’ folders, a 3m x6.5mm guillotine,2 band saws, cold saw, geka steelworker, radial arm drill, a two ton overhead crane, 1 tig & 6 mig welders, 2 x site invertors, a generator,a caterpillar fork lift, a tube roller and notcher plus scaffolding & hand tools etc. A full list of equipment is available to all genuinely interested parties. Key strengths: the strengths of this company are its name and reputation for being able to provide a high standard of work, on time every time within budget. The two partners have helped to establish the good name of the company, with a healthy amount of work in progress. The company owns a wide range of machinery and equipment which is included in the sale of the business. This is a fully functional workshop with spare capacity and labour. Growth and expansion: the company has grown in the two years which the current owner/partners have been in charge. With everything in place and with a strong demand for welding and fabricating services, there is no reason to believe that the company cannot go forward with new owners bringing fresh enthusiasm and ideas to the business.

Additional information

Additional information: Not Disclosed
Support & training: The owners would be happy to help with a smooth transfer of the business in any way possible.
Reasons for selling: They are both looking for new challenges in life although they would be prepared to stay on and work with the new owners
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: The lease is on a 5 year contract with a 3 month notice period and the owners pay rent of circa £16,854 per annum with rates of circa £6,227 per annum.
Location: The business runs from a small 1,000 square foot unit industrial estate to the north of Leeds. The lease is on a 5 year contract with a 3 month notice period and the owners pay rent of circa £16,854 per annum with rates of circa £6,227 per annum. The unit has a workshop downstairs with a small toilet block and storage area. Upstairs on a mezzanine floor there are two offices. Outside there is ample car parking and the unit is fully secured with a 24 hour security guard on site.

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