Summary
- Asking price:
-
£280,000
- Turnover:
- £243,000
- Net profit:
- Available on request
- Years established:
- 17
- Employees:
- The company is privately owned and operated by our clients, one being responsible for the day to day running of the business with the other providing administrative support on a part-time basis. The company employs a highly skilled and competent workforce comprising: 1 Full-time Fabricator & 2 Sub-contract Installation Engineers .
Business description
Founded by our clients in August 1992, this highly respected organisation has become one of East Anglia’s leading fabrication companies; specialising in dust/fume extraction, ventilation, and ductwork. From its inception, the company has continued to expand earning an outstanding reputation for the quality of its work. The company undertakes a diverse range of both sheet metal and plastic fabrication work, creating a vast array of bespoke products ranging from canine hydrotherapy pools to fume cupboards. It serves organisations within a variety of industry sectors; the company delivering an extensive range of services including design, manufacture and installation. A variety of metals and plastics can be utilised, with all components produced to clients’ designs and requirements.
Property information
- Property:
- Leasehold
- Lease terms:
- Original Length 20 years
Remaining 8 years
Rent £8,990pax
- Leasehold rent:
- £8,990 per annum
- Location:
- The company operates from modern commercial premises situated on an Industrial Estate
- Premises details:
- The company operates from an established commercial unit. The unit affords approximately 3,000sqft of accommodation including a well-equipped machine shop, reception area, office and store with W.C. A mezzanine level provides further accommodation including a work area, staff room and WC. There is ample parking available directly to the front of the premises.
Other information
- Expansion potential:
- Our clients are confident that the company offers substantial scope for further growth and feel that that a new owner may consider developing the business in the following key areas:
• Sales & Marketing – Our clients have deliberately limited the company’s marketing efforts, restricting the business to a level at which they and their staff are comfortable with. The business is heavily reliant on its existing client base and personal recommendations. It is likely that a new owner may consider adopting a more pro-active approach to sales and marketing in order to drive the business forward and increase levels of turnover and profitability. This may well include the redevelopment of the company’s somewhat basic website together with its optimisation and promotion on leading internet search engines.
• LEV Testing – The COSHH Regulations 2002 require that Local Exhaust Ventilation (LEV) systems are thoroughly examined and tested every 14 months by a competent LEV test engineer. The company currently carries out only a limited amount of LEV testing on behalf of key clients. Our clients believe that a new owner may wish develop this aspect of the business and introduce additional revenue streams.
- Reasons for selling:
- Alternative personal interests
- Trading hours:
- Monday – Friday 8.00am – 4.30pm
Contact the seller
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