Well Established Electro Plating Business For Sale in Gloucestershire- Business 4 Sale .co.uk

Business Summary

HISTORY

• The business was founded by the present vendor over 26 years ago

REASON FOR SALE

• The vendor has only now decided to reluctantly offer the business for sale as he wishes to retire

SERVICES

• The business offers an electro plating service to its varied customers
• This can be on the clients own free issued components or can be purchased on their behalf
• The business offers a collection and delivery service if required
• As well as electro plating, they also offer pickling and alocrom

CUSTOMERS

• The business has a core database of circa 50 customers, the majority of which are within an
approximate 50 mile radius of the premises
• Most new customers come from word of mouth referrals from other satisfied customers

STRENGTHS

• An extremely well established business
• Very good customer database with no over reliance on any single client or market sector
• A low overhead business

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Property Information

	Property:	Leasehold

	Living Accommodation:	No

	Details of Accommodation:	• The business operates from ground floor lock up premises which briefly comprise: • Main entrance into the stores area • Main workshop • Mezzanine floor with silver plating plant • Office, w/c and kitchen area • 3 rows of equipment for each process • Rear stores area and emergency exit door Equipment includes: • Fork lift truck with a 1,500kg lift capacity • 2 x semi automatic barrel plating lines, 1 for zinc only and 1 for zinc and nickel. Both lines have small overhead cranes which run the entire length of the line • 1 x rack plating line with zinc only for larger fabrications • The maximum single weight which can be accommodated is approx 500kg and the maximum size is 2m x 1m vibrator for de-burring parts

	Location:	• The business is located in the centre of a very large industrial estate in Gloucestershire.

Growth Potential

• Plant and equipment is capable of achieving an approximate 50% increase in turnover without a significant increase in overheads
• Have a web site so potential customers are able to view the services on offer
• Employ a commission only sales agent to search out new markets
• Push the silver plating as few are able to accommodate this service – The equipment already exists on site
• The business is an ideal ‘bolt on’ for another operator looking to expand in the area
• The business should advertise in trade magazines to make potential clients aware of the services on offer

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

• Monday to Friday: 7am to 5pm

Summary of Staffing

• The current vendor works only a 3 day week, he does however, have 2 full time employees

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