The business is well established and easy to run with no bad debts and a good cash flow. There is continual work in progress with good growth over the past few years. This is an excellent opportunity for new owners to take over the existing business and obtain their database of regular repeat high profile clients, which the company has secured.
The business would certainly benefit from a new injection of energy and business acumen to maximise the many opportunities at its disposal. Through choice, the vendors have been selective about the volume of work they have taken on over the last few years.
The Foundry specializes in Aluminium Alloys and Bronze Alloys and the business aims to provide high quality castings regardless of quantity or complexity.
The business has maintained a constant presence in the marketplace over the years, with regular stands at Classic Car exhibitions. The customer database is comprehensive and would allow for both traditional mail, and e-mail shots to existing clients
Support & Training:
The owner/s would be happy to help with a smooth transfer of company ownership and to stay on for an agreed period, subject to negotiation, to help the new owners, if so required.
The business operates from Leasehold premises of approx. 6,000 sq. ft. The workshop is on the ground floor with offices and a store room located on the first floor.
The current lease still has c. 5years to run and the current rent is approx. £54,000 pa.
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