Total of 18656 firms and businesses for sale today Sunday 28th April 2024
Sold. Manufacturers And Installers Of Structural Steelwork/frames, Staircases, Walkways, Balustrades, Gate
LISTING DETAILS
Firms For Sale ID:
32575
Vendor reference:
IS045
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£350,000
Turnover / revenue:
£372,000
Net profit / cashflow:
Undisclosed
Years established:
1979
Trading hours:
Monday – Friday: 7-4pm
Saturday: depending on work orde
Number of employees:
8
OTHER DETAILS
Reason for selling:
Genuine retirement sale
Support and training:
The current vendor is willing to stay and facilitate the hand over for an agreed period of time.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premises are 2,228 sq. ft and have mezzanine offices. There are parking spaces for 4 cars and turning space for an artic.
The Freehold can be made available by separate negotiation if required.
Rent for the leasehold TBA and rates are £4,000 p.a. payable
BUSINESS DESCRIPTION
Manufacturers and Installers of Structural Steelwork/Frames, Staircases, Walkways, Balustrades, Gates and Platforms. Steel Fabricators to the Construction Industry:
Established since 1989 – Trading since 1979
Ref.IS045
Location South Essex
Asking Price £ 350,000
Steel fabricators to the construction industry, large commercial contracts have included Police Stations, Hospital Refurbishment, and Supermarkets: Wates preferred contractor. Company has been family run since 1979 and has grown organically, with an excellent reputation for professional design input and being extremely time efficient.
Company has undertaken work for many of the counry’s leading property developers and were commissioned to install the Millenium Staircase at the Tower of London.
Expansion Potential
There is an excellent opportunity to build on the existing base of this company. Growth to date has been mainly organic, based on word of mouth and recommendations. An effective and focused sales strategy would reap considerable benefits, driving forward both volume and profitability.