| (REF: GI033 ) Manufacture and International Supply of Site Storage Products and Containers |
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| Seller Reference: |
GI033 |
| B4S Reference: |
15885 |
| Asking Price: |
£800,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£798,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
London, Central London, United Kingdom |
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Established in 1986, this business has become one of the most recognised brands in the sector. For over twenty four years the business has built up a reputation for the design and manufacture of bespoke containers for use in industry, construction, engineering and by local authorities. All products are designed to provide safe storage of tools, hazardous materials, fuels, chemicals, gas cylinders, drums and flammable products.
The second dimension of this business is that it also manufactures anti-corrosive tin strips, which are used to provide conductivity in industrial radiators. The strips are also used in electronic components and are attached to cables that are used in the telecoms and utility sectors.
Over the years, the business has seen many British competitors disappear; to be replaced by Chinese alternative suppliers. This has lead to this business having a relatively unique opportunity to be able to deliver much faster than its Chinese competitors, confidently boast of producing a superior product and of course benefit from end users who are determined to ‘buy British’.
The business has a highly experienced team providing a range of skills including welding spraying, cutting and tinning.
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Property: |
Leasehold |
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Lease Terms: |
The property consists of office space, workshops and sizeable yard for parking and storage. It is currently owned by the existing directors. They are very flexible and will offer either the freehold or a long term lease depending on the requirements of interested parties.
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Living Accommodation: |
No |
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The business occasionally advertises in specialist trade press. Ad word campaigns via Google are also effective. The business has a database of 500 clients. |
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There are excellent opportunities to increase the levels of business. Since inception this business has performed to a high standard and has earned wide-recognition for the level of services provided for its clients. The current owners accept that more effort in marketing can increase sales. As the business is predominantly present in London, an opportunity exists to increase the customer base throughout the UK.
The business does already export to the likes of Germany, but there is big potential for new owners to offer the existing services further afield. The demand is there, it just needs to be rolled out. |
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A full handover and any necessary training will be offered to ensure continuity of trading. |
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Having run the business since 1976, the current owners are looking to take a well earned retirement. |
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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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Monday – Friday: 8.00 am - 4.30 pm
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The business currently employs eight full time staff. There are currently two managers, one financial controller and five staff producing products in the workshop. |
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