Architectural Metal Workers Business For Sale

Business description

Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.

This company has been skillfully grown and developed by its Director since 1999. By the application of professionalism and dynamism the business has traded successfully and gained suitable reward by its acceptance to supply some of the major household name Blue Chip Building Companies. For example, the company is fully compliant to work with and on the sites of Bovis and Persimmon. The company is also the sole supplier to Norfolk Homes.

These compliances have been achieved through working with The Construction Industry Training Board for testing, their Insurance Company to make sure correct levels are carried for working on building sites, plus making sure that their operational procedures are Health and Safety compliant.

The company manufactures railings, gates and balcony balustrades, along with other forms of architectural metalwork i.e. the steel fabrication required for metal beam work. Most products are formed in mild steel, but the company has the capability and experience to produce products in stainless steel also.

This business has been very sensibly priced due to the current downturn in the building industry. This downturn has eroded profitability of late and there is some small level of indebtedness (believed to be £20-30K) to be considered in the overall price package.

However, all things considered, when studying the overall picture including assets, this opportunity represents outstanding value for an owner operator who has sufficient resource to stabilize the company until the good times return.

Equipment:

The company owns and maintains an extensive inventory of machinery, equipment and tooling. Below is a representative listing of major items in the inventory, but a more comprehensive listing wil be made available from the owner/director.


• 2 x Vans
• 1 x Fork Lift Truck
• 8 x MIG Welding Sets
• 1 x TIG Welding Set
• 2 x on-site Welding Generators
• 1 x 400amp MMA Workshop Welding Set
• 2 x Bandsaws
• Grinders
• Cut-off Saws
• 2 x Hydraulic Punches
• 1 x Hydraulic Roller
• 1 x Drilling/Milling Machine
• 1 x Equipped Spray Booth and extraction System
• 1 x Compressor

Customer Service:

Working with and for the larger names in the building trade relies on their requirement for full compliance on working conditions and practices. Having made this a cornerstone of the company’s business model has demonstrated to their client base the dedication and professionalism employed here.

Key Strengths:

The key strength of this company must surely be the compliance alignment mentioned previously. This will work tremendously well in their favour when a market upturn is achieved.

Key Opportunities:

Upon purchasing this opportunity and the market position it has achieved until recent times, the new owner will possibly look for other sources of income to bring to the table whilst the traditional market for this type of company recovers. It may be seen as a time to expand the company’s operation in to the retail/ wholesale sector.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Property information

Property:

Leasehold

Lease terms:

Rent is a very economical circa £690 per month.

Location:

The company operates from its leasehold workshop/office premises which are connected to all main utilities except gas, but does include 3 phase electric connectivity. The premises have the workshop on the ground floor with offices located on the second floor. Size is believed to be circa 3,000square feet and there is approximately 3 years remaining on the lease. Rent is a very economical circa £690 per month.

Other information

Competition / Market:

The business has developed and maintains an Internet website along with regional Yellow Pages insertions.

Support & training:

Full support and any necessary training will be provided during handover as part of a successful sale package.

Reasons for selling:

Other business interests have now persuaded the owner to sell this “one for the future” business.

Trading hours:

Monday – Thursday: 8.30am – 5.00pm
Friday: 8.30am – 4.00pm