OUTSTANDING STEEL FABRICATION & WELDING ENGINEERS
Price:
Leasehold - £285,000
Business Type:
Corporate Businesses, Manufacturing companies
OUTSTANDING STEEL FABRICATION & WELDING ENGINEERS
Equipment worth £50,000 plus fixtures & fittings included
Early interest and viewing is highly recommended
Contracts with major construction companies
Annual rent £12,000 with rates of £5,506
Advised annual turnover of £795,535
Excellent name within the trade
Currently run to suit our client
Well established business
Leasehold 6,000 sq ft unit
Relocatable if desired
LEASEHOLD
Business History
Meridian Business Sales are privileged to offer to the market this well established and respected steel fabrication and welding engineering concern. Our client set the business up 25 years ago and has enjoyed high levels of turnover in excess of £3,500,000. This superb concern is only being offered to the market due to our clients well deserved wish for retirement. Our client informs us that the annual turnover for the business is £795,535 and that 95% of the turnover is derived from the construction trade where our client supplies and installs for many of the major house builders and the remaining 5% is to the domestic market. The business specialises in gates, railings, balconies, balustrades, staircases, structural support work and they also benefit from having their own in house paint spray shop which provides a finished product to your specification. The business is run from a 6,000 sq ft workshop and their customers are all within a 100 mile radius. The business could be relocated if desired and is currently owner operated and benefits from 11 full time skilled fabricators and site fixers. During our clients ownership he has made considerable investment in new equipment, machinery and fixtures and fittings which are all included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. We believe that there is huge potential to increase the turnover as the business is run to suit and in the right hands it could enjoy the high levels of turnover they have enjoyed in previous years. Therefore early viewing is highly recommended as this business cannot be missed.
Leasehold
Rolling Lease
Rent: £12,000pa
North Yorkshire
£ 750,000
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