IT082-General Sheet Metal Fabricators
Advert ref: #4177
Category: Manufacturing
Location: England -> Yorkshire & Humberside -> West Yorkshire
Category: Manufacturing
Location: England -> Yorkshire & Humberside -> West Yorkshire
Business for sale
Asking Price:
£185,000
Turnover:
£340,000
Annual profit:
£130,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
This business was formed in June 2009 after being bought from the liquidator when the original company was wound up, due to bad debts that were owing to the company. The owners, who traded as the original company since 1967, have been able to create a new business obtaining a comprehensive range of machinery from the liquidator and utilizing their own premises regaining their customers, who were only too happy to give the owners their work.Turnover has grown rapidly since the new company was formed and their extensive client base covers a wide range of industries, including communication, medical, climate control, security, lighting, office furniture, industrial and food and hygiene sectors.
The business has a reputation with their clients for reliable service and fast turnaround, two factors that have helped them grow so quickly after such a set back to their business. New owners could only benefit from the strong reputation that the company has achieved in such a short space of time.
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 Aluminum canopies, hand –beaten copper bar taps – even zinc coffin linings.
This is a perfect opportunity for new owners to acquire a well known fabricating business with a comprehensive list of machinery in good working order. There is a growing amount work in progress and an extensive customer database. Apart from one period, this company has always produced a good solid turnover and profits. There is no reason that new owners with fresh ideas and enthusiasm can’t double the turnover and profits within a short period of time.
Employee details
Fulltime staff:
5
Parttime staff:
1
