| (REF: IS019) Precision Sheet Metal Engineers with Substantial Freehold |
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| Seller Reference: |
IS019 |
| B4S Reference: |
03409 |
| Asking Price: |
£2,250,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£1,200,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Send enquiry for more details. |
| Location: |
A1 Corridor,hertfordshire, Hertfordshire, United Kingdom |
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This precision sheet metal engineering company was established in 1986 by the current vendor and has traded from strength to strength. The company manufactures components out of sheet metal for various sectors including the medical, communications, marine and electronic industries, plus work for the Ministry of Defence. They can work on Ferrous and non-Ferrous Metals, Plastic coated metals, Rigid plastics in sheet form and hollow sections.
The Business trades from its own purpose built, freehold premises of circa 12,000 square feet, which incorporates warehousing, manufacturing and offices. Superbly equipped with state-of-the-art laser machinery and extensive workshop facilities, they are committed to a fast, top quality turnaround with the help of a fully enabled job tracking system. The company offers a range of services to satisfy the majority of clients? requirements, including; Tungsten Inert Gas (TIG), Metal Inert Gas (MIG) and Spot welding, Computer Aided Design (CAD), Computer Aided Manufacture (CAM), Computer Numerical Control (CNC) and manual punching, plus a full range of finishing, graining, plating, anodising, alochroming and silkscreening.
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A high proportion of the business\'s revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation, the most effective form of advertisement for any organisation and its reputation enhancement.
Great success has been achieved without the need for regular local or national exposure, though some success has come from direct e-mails and business directory placements. |
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There is an excellent opportunity to build on the existing base of this company. Growth to date has been mainly organic, based on word of mouth and recommendations. An effective and focused sales strategy would reap considerable benefits, driving forward both volume and profitability.
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The current owners will provide a handover period and all relevant contacts to allow continuity of trading |
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After 21 years of growing and nurturing the business, the vendor has decided it is time to pursue other business interests, after first enjoying the fruits of his labour. |
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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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The business currently trades from 8.00 am to 4.30 pm Monday to Friday and 8.00 am to
12.00 pm on Saturdays
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There are currently 23 full time staff, including setters, programmers and sheet metal workers. |
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