Engineering Machining & Fabrication Business For Sale

Business description

The business was established by our client in 1990, and has developed a strong local reputation within its field. A small engineering company, the business began by fabricating motorcycle frames but has evolved to fabricating and machining for a large regular client base. Products include display racks, mounting brackets, gates and fencing. Many of these customers are of long standing with the business and generally agree to 30 day payment terms, although many sales are completed more swiftly. Of these clients, there is scope to develop the relationships further and accept more work if required, as several of these customers are large ‘blue chip’ operations.

Property information

Property:

Leasehold

Lease terms:

Rent £287pcm including VAT and business rates.

Location:

The business operates from a workshop unit which forms part of a small industrial area in Doncaster, South Yorkshire. From this location the business can conveniently serve customers across the region.

Premises details:

We are advised that the property is Leasehold
Rent £287pcm including VAT and business rates

Other information

Expansion potential:

We are advised that there is scope for a new owner to develop the business further by actively advertising and canvassing to attract new customers. There is also potential to develop the services offered in order to widen the types of engineering work undertaken, through the addition of new machinery; as our client is very much now operating the business to suit his own lifestyle wishes.

Reasons for selling:

Retirement