Ventilation Ductwork And Engineering Company For Sale

Business description

This company has been established in the area for over twenty years and has built itself an enviable reputation for providing high quality products, excellent workmanship and superb back up service levels.

It has carved itself a niche market in the design, manufacture and installation of ventilation systems, ductwork, extraction and air conditioning, kitchen canopies, work surfaces etc.

Equipment:

The company has a small in house design department with full CAD facilities that can design a bespoke system from scratch to the clients exact requirements. The business also works closely with architects and engineers who have to provide effective solutions
and at the same time work within acceptable cost perimeters.

Customer Service:

The increasing levels of business are reputation driven and the broad range of existing and repeat customers include; restaurants, hotels, guest houses, golf clubs. The Ministry of Defence, schools, colleges, universities, hospitals, holiday parks, catering equipment companies, factories, offices blocks, care homes and breweries. They also carry out a substantial amount of sub contract work for a number of well-established developers and building companies.

Key Strengths:

Excellent financial stability
Highly profitable
Loyal workforce
Controlled overheads
Growth market

Financial Information:

All financial information will be made avilable under the auspices of Turner Butler and subject to the normal letters of confidentiality being in place. The business has grown consistantly over the past three years and will achieve a volume revenue of over £1million thisyear. Net Profit circa in the region of circa £200,000.

Property information

Property:

Leasehold

Lease terms:

The premises are owned by the directors and will be made available to lease at an annual fee of circa £12,000.

Location:

The premises are owned by the directors and will be made available to lease at an annual fee of circa £12,000. They consist of an industrial unit with an overall area of twelve thousand square feet. This contains a front office and reception area, an open warehouse with mezzanine and ample parking

Other information

Expansion potential:

There is a strong increase in demand for work in this sector due to the increase in tourism, industry and the air conditioning market. The company does not presently generate any revenue from maintenance contracts.

Additional business could also be generated by the addition of a small sales team. There is no budget for marketing activity. The web site would also benefit from updating.

Support & training:

A full and seamless handover will be made available for a period to be agreed as pert of the overall negotiation process.

Reasons for selling:

The directors have a number of personal projects they wish to pursue.