Total of 17099 firms and businesses for sale today Tuesday 7th February 2012
Business For Sale. Fabrication & Welding Business
LISTING DETAILS
Firms For Sale ID:
8243
Vendor reference:
IS031
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£135,000
Turnover / revenue:
£240,000
Net profit / cashflow:
Undisclosed
Years established:
18
Number of employees:
2
OTHER DETAILS
Reason for selling:
Both partners have been in the industry for over twenty years. They are both looking for new challenges in life although they would be prepared to stay on and work with the new owners for an agreed period of time to help with the changeover of the business.
Support and training:
The owners would be happy to help with a smooth transfer of the business in any way possible.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
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.
BUSINESS DESCRIPTION
Fabrication & Welding Business
Ref.IS031
Location North of Leeds
Asking Price £ 135,000
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.
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.