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Established Steel Fabricator In Northampton For Sale

Northampton, Northamptonshire, UK
Asking Price:
£125,000
Turnover:
£449,000
Net Profit:
£46,000

MilFab - A Premier Structural Steel and Mobile Welding Service Provider

Name: MilFab Ltd
Established: 2021
Location: Higham Road Trading Estate, Higham Road, Burton Latimer, Northamptonshire, NN15 5PU
Website: www.mil-fab.com
THE OPPORTUNITY
MilFab Ltd provides a comprehensive range of services that cater to both corporate and individual clients' needs. The company excels in mobile welding, design, structural services, and repairs, ensuring that each project is handled with the utmost professionalism from initial design to final build.

Expertise: MilFab Ltd brings unparalleled knowledge and experience to every project.
Innovation: The company stays ahead of the curve by incorporating the latest technological advancements into its services.
Quality Assurance: With top-tier certifications, MilFab guarantees the highest quality in all its offerings.
Customer Focus: Tailored services designed to meet the specific needs of each customer, ensuring satisfaction and long-term relationships.

CERTIFICATIONS

The company is UKCA CE Accredited to Execution Class 3, reflecting its adherence to stringent quality standards and its commitment to delivering superior workmanship.

MARKETING

The business has limited need to market their services as they have built up a reputation in the industry for excellent product delivery, which provides reliable repeat business. The business does have a website and an online presence on Google, Yell.com, Construction.co.uk and other directories.

MANAGEMENT AND EMPLOYEES

The business is managed by a full-time by the vendor and 2 number of fully trained employees.

GROWTH OPPORTUNITIES

1. Paid Advertising: Paid advertising includes various online advertising channels such as Google Ads, social media ads, and display advertising. These ads can be targeted to specific audiences based on demographics, interests, and online behaviour. Although this is currently utilized, more investment could be made to increase the turnover.

2. Social Media Presence: There is scope to boost the social media following to promote locations that the business will be offering services from and increase brand awareness.

3. Website Quote Implementation: There is opportunity to introduce a tactile quotation system to the website and target more business through an ecommerce ordering platform.

PREMISES

The business operates from a leasehold premises which has 1 year remaining on the current lease which is £15,000 per annum.

The premises is an single store unit on a busy industrial estate with 2200 amount of sqft with ample storage and parking to allow the business to grow.

The business holds all the equipment for an incoming operator to continue trading without any further investment required, with the current equipment value being circa £20k.

FURTHER INFORMTAION

Further information is available by speaking with the us and viewings are strictly by appointment only as the sale of this business is confidential.

For more information please contact us.

Property Information

Property:

Leasehold