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(REF: IS033 )  Leading Independent Sheet Metal work operation serving
 
Seller Reference: IS033
B4S Reference: 16970
Asking Price: £125,000
Net Profit: Undisclosed
Sales Revenue: £290,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Hampshire, Hampshire, United Kingdom
  Business Summary   
  Established for over thirty years – and now in the hands of the second generation of the family that opened it, this business has performed consistently well throughout its many years of operation to become one of the leading independent sheet metalwork operations in the area.

With the capability to deliver right across the UK using its own transport, this business prides itself on providing a modern, complete sheet metal service to a wide variety of industries. It has in recent years established a particular presence within the office installation and refrigeration sectors manufacturing to order, all shapes and sizes, from tiny brackets through to cable trays, wet room equipment and enclosures for monitoring equipment. Alongside its customer orders the business has also designed and developed its own product which is generating an increasing following within the music industry.

This business offers a high level of skill and expertise and is equipped with up to date CNC punching and bending technology that enables it to produce premium quality products. A dedication to quality and service at a sensible price initially attracted customers to this business and it is this combined with a fast response to customer orders, which now helps maintain a wide range of loyal customers across a number of industries. As happy to operate from the loosest of sketches as it is from detailed drawings, with innovative and powerful equipment, this business provides a quality product at an honest price. Not surprisingly therefore many customers are directed towards this business by word of mouth recommendation.

With turnover for the 2009 financial year in excess of £290,000 generating gross profits of almost £140,000 and profits available to the owner of the business in excess of £50,000, this is an excellent opportunity to acquire a well established, well managed and profitable engineering operation.
  Property Information   
  Property: Leasehold
 
  Lease Terms: The business is located on a small industrial estate within easy reach of all parts of the South East and its customers further afield via the A31 and M3 motorways operating from premises which were acquired by one of the current owners of the business several years ago. There is ample parking on site.

Approximately 1200 square feet, the premises are available freehold, subject to independent valuation or via a lease, term and rent to be agreed. Rates are £2,800 per annum.
 
  Living Accommodation: No
  Competition   
  Having been in operation for more than thirty years, this business has an established reputation throughout the industry and with an extensive and loyal customer base, invests little in marketing and advertising.

The business has a presence in all of the usual directories and has a very well designed and informative website which performs very well in all of the major search engines for all appropriate search terms.

By far the most cost effective form of marketing for the business however, is the repeat work the business receives – approximately 65% - 70% of turnover – and the strong word of mouth recommendation the business enjoys, testimony to the excellent reputation the business has within its marketplace.
  Growth Potential   
  N.A.
  Support and Training Offered   
  The current owner will provide all necessary training and all relevant contacts to ensure a smooth transfer of the business to new Owners.
  Reason for Selling   
  Having been involved in the business throughout his professional career, the current Owner feels the time is right for a change of direction and now wishes to pass the business on to new Owners to build upon the excellent foundations already laid.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  This business operates a basic forty hours per week – between 8.00 am and 5.00 pm, Monday to Friday with overtime as required.
  Summary of Staffing   
  N.A.





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