Cast Iron Stockholder Business For Sale
Advert ref: #49
Category: Engineering -> Manufacturing
Location: England -> South East -> Cambridgeshire
Category: Engineering -> Manufacturing
Location: England -> South East -> Cambridgeshire
Business for sale
Asking Price:
£79,995
Turnover:
£118,340
Annual profit:
£15,591
Audited accounts:
No
Management accounts:
Yes
Years trading:
36
Employees:
No
Photos:
No
Ownership:
Sole trader
Business description
Established in excess of 35 years! And therefore the name recognised as the supplier of continuous cast iron bars and blanks in the locality.That said the ongoing day to day running has been in the hands of the sole proprietor for a number of years and pending retirement the business has “ticked over” albeit remaining very profitable. As such the business has excellent growth potential.
The product is sourced from UK – Denmark, Spain, and supplied to the engineering sector for say pistons, gears mainly within a 100 mile radius of its base.
Probably 30 very active clients and 60/70 others fairly static and repetitive. Sales on the back of little competition and no active advertising.
GENERAL INFORMATION
Employees: NONE
Trading hours: To suit
Lease terms
Industrial unit extending approx 370 sq m predominately warehouse but office space and toilets also. Rent £13,200 per annum Rates £5,000 per annum on a 3 year council lease.
