Business for sale, Buy a business or sell a business. Find a business broker or a franchise for sale. Over 19,000 banks and 2,700 venture capital firms in The Business Place

In order to contact the buyer/seller, you must be a registered user of the site and must be logged in

Business for sale in United Kingdom - Is034-structural steel fabricators and manufacturers of security products-kent

Asking Price: 175,000 £ Real Estate: Lease
Sales Revenue: 307,000 £
Net Profit: 1 £
Year Established: 1962
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Kent/Kent

Business types:

Manufacturing

Business categories:

Other Manufacturing ; Primary Metals

Business description

this is a well run, all year round company. Established back in 1962, the business has an excellent reputation and has had for many years. Through keen pricing and consistently high standards of work, the business has won 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. The company specialises in general work for building contractors, maintenance firms, local authorities and landscapers. Their infrastructure allows them to work both in their own factory or to facilitate on-site installations. The business has supplied products to a broad range of environments. Residential properties would be the day in day out work, but industrial and commercial properties as well as public sector buildings have all brought in regular projects for this business. The business is very well equipped and the sale includes a long list of tools and machinery (see list below). This is a small but profitable company that has no bad debts. The business continues to be competitive, flexible and has always been able to 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: all necessary equipment is included in this sale. Guillotine, brake press, geka hydracrop, scantool tube notcher, ring roller ,tube bender, plate bender, spot welder, 2 x band saws, cutting saw, drilling machine, 2 x linishers, hand roller, lathe, harrison milling machine, compressor, tig welder, 2 x mig welders, grinder and toyota fork lift. Customer service: in terms of service, the company feels its best method of keeping its clients on board, is to keep offering its services at competitive prices. The management team have been in the business a long time and wouldn’t want to let their clients down on a personal level, let alone a professional level. 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 name of the business is very well known in this sector. The company’s brand continues to contribute to the healthy amount of work in progress today. 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 business has relied to a great extent on its name and reputation. There have been no sales or marketing investment for some considerable time. A pro-active approach to both would surely open up several opportunities to win new clients. The business could also broaden its services, by working with either or both aluminium and stainless steel.

Additional information

Additional information: Not Disclosed
Support & training: Any necessary training and a full handover are available to ensure continuity of trading.
Reasons for selling: Having run this business for nearly three decades, the current owners are looking to take a well earned retirement.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Not Disclosed
Location: The business operates from leased property. The unit is located on a busy industrial estate and is 3,200 sq.ft. in total. It consists of a large workshop, two offices, private yard of circa 1000 sq.ft. and the use of a large communal yard. The lease is organised on a six month rolling contract and six months notice period.

In order to contact the buyer/seller, you must be a registered user of the site and must be logged in