| (REF: IS031) Fabrication & Welding Business |
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| Seller Reference: |
IS031 |
| B4S Reference: |
15226 |
| Asking Price: |
£135,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£240,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
North Of Leeds, England, United Kingdom |
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This is a well run, all year round company which has blossomed in the past two years since the partners took over the business from the previous owner. They have been pro-active in approaching both new and lapsed customers attracting a good number of profitable contracts and projects to work on. The company has been successful in obtaining repeat work from these clients happy to deal with a firm that is competitive yet reliable and able to work within time constraints.
The majority of their work is fabricating and welding with mild steel although they do work occasionally with stainless steel and aluminium. They have worked on jobs such as airport gantries, work for the military, climbing walls and general work for building contractors and the local farming community. Their infrastructure allows them to work both in their own factory or to facilitate on-site installations.
This is a small but profitable company that has no bad debts. They are competitive, flexible, work with design briefs and within strict time deadlines. This would be ideal as a bolt on to a company wanting to take on extra work or to someone who just needs a fully functional fabricating shop with work in progress.
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Property: |
Leasehold |
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Lease Terms: |
The business runs from a small 1,000 square foot unit industrial estate to the north of Leeds. The lease is on a 5 year contract with a 3 month notice period and the owners pay rent of circa £16,854 per annum with rates of circa £6,227 per annum.
The unit has a workshop downstairs with a small toilet block and storage area. Upstairs on a mezzanine floor there are two offices. Outside there is ample car parking and the unit is fully secured with a 24 hour security guard on site. |
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Current Rent: |
rent of circa £16,854 per annum with rates of circa £6,227 per annum. |
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Living Accommodation: |
No |
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The company has grown in the two years which the current owner/partners have been in charge. With everything in place and with a strong demand for welding and fabricating services, there is no reason to believe that the company cannot go forward with new owners bringing fresh enthusiasm and ideas to the business. |
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The owners would be happy to help with a smooth transfer of the business in any way possible. |
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Both partners have been in the industry for over twenty years. They are both looking for new challenges in life although they would be prepared to stay on and work with the new owners for an agreed period of time to help with the changeover of the business. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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There are two partners who run the business and perform all of the welding and fabrication work. They are prepared to stay on for a negotiable period to help the new owners enjoy a smooth takeover of the business. |
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