Request more information from the seller.
Add to your shortlist.
Print this advert.
Tell a friend about this business.
Back to search results.
(REF: 1120CV)  Niche Quality Silver And Nickel Electro Plating Business
 
Seller Reference: 1120CV
B4S Reference: 28823
Asking Price: £330,000
Net Profit: £171,352
Sales Revenue: £304,710
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Undisclosed, Warwickshire, United Kingdom
  Business Summary   
  HISTORY

• The business was founded by the current vendors over 14 years ago, during which time they have expanded the company into the successful business it is today and as such, enjoys an enviable reputation for quality and service

REASON FOR SALE

• The business is only now being offered for sale due to the vendor’s ill health and his wish to pursue an alternative business venture

SERVICES

• The business specialises in Silver and Nickel plating to exacting standards for the Aerospace and Auto Sports industries
• We are advised that there are only around 2 other businesses in the UK who are able to achieve the required quality standards

CUSTOMERS

• Both national and international, with a strong slant on Aerospace who account for circa 60% of turnover
• Auto sports account for circa 35% of turnover
• Remaining 5% is to a mix of clients and industries

STRENGTHS

• Well established for over 14 years
• Outstanding customer reputation, with almost all orders arriving from existing clients
• Very little direct UK competition
• 95% of orders are from either the Aerospace or Auto sports industries, who both require precise components
• Excellent turnover and high profits
• AS 9100 approved











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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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: • Gated access to shared car parking of commercial building
• Fully alarmed with single camera CCTV
• Side entry from walkway into unit
• Range of work benches
• Rear production work tanks
• Side office
• Mezzanine storage
• Manually operated, side, full height roller shutter door

EQUIPMENT

• Shot blast unit
• Commercial oven
• Hydrovane compressor
• X ray machine
• 7 rectifiers
• Range of work tanks
• Computer system
 
  Location: • The business is presently located in the Midlands, but could easily be re-located to suit a new operator
  Growth Potential   
  • Invest to become NADCAP approved which is a worldwide quality standard which would open up the business to even more work
• Approach other auto sport teams for whom they do not presently work for
• Take over the adjoining unit which is presently unoccupied and expand the business into it
• Accept all the work which is presently being turned away
• Website
  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   
  • Mon to Fri: 8.30am to 5.30pm
  Summary of Staffing   
  • One of the vendors works full time
• The other vendor works part time for circa 25 hours per week
• One part time employee who works circa 20 hours per week





Contact this seller
Title:
First Name:
Last Name:
Your Email Address:
Your Contact Number: (optional)
Country:

Your message:
Business4Sale.co.uk will not share your personal data with any other third party, unless you have given us your express permission to do so. By submitting this form, you confirm that you agree to our Terms & Conditions and Privacy Policy.