Metail Plating and Finishers - East Midlands

Price:

Freehold - £700,000

Seller Ref:

M2210

Location:

UK Non-Specific

Business Type:

Manufacturing companies

See Other:

Metal manufacturing companies for sale in UK Non-Specific
Manufacturing companies for sale in UK Non-Specific

Description:

THE BUSINESS:

OVERVIEW

Retirement sale of this ISO 9001 accredited company which was formed over 70 years ago and offers a comprehensive range of metal finishing to the engineering and automotive trade.

Specialists in electroplating of zinc, copper, nickel, bright chromium and aluminum anodizing plus specialist finishes such as black chromium and satin nickel.

Beneficial planning consents with advantageous effluent disposal limits in place.

Freehold factory units comprising in total some 9500 square foot over three floors; comprehensively fitted to trade with dipping tanks, quality control, effluent management and automated dipping line. Three phase power supply.

Strong financial performance company accounts show sales (ex vat) of £639,041 generating a gross profit of £533,306 (83%) and an ebitda of £243,199 per annum to two working directors.

PRICE: £700,000 for the assets of the trading company to include the freehold factory, comprehensive trade inventory and the goodwill.

Option to purchase leasehold at £325,000 for the assets of the trading company (excluding the freehold).