Hilton Smythe is delighted to introduce to the market the uniquely named The Steel Monkey. Established by our client in 2001 and with over 15 years trading history.
The business has an excellent reputation throughout the South East for the quality of workmanship and professional service. The Steel Monkey is a specialist steel fabrication concern, offering a personalised service including the design, manufacture, maintenance and repair of all types of steelwork such as bespoke staircases, gates, barbeques, fire grids and fire escapes, railings and balustrades.
The business reports turnover at circa £100,000 and a gross profit at around 40% for this financial year. However, the business has reported double the current figure in previous years, with additional staff on board to deal with the high volume of work. We are advised that due to our client’s other business interests around 50% of work requested is currently being turned away.
Included in the sales is a comprehensive list of high quality equipment and a database of over 200 clients. A sign written van is available by separate negotiation. Our client has a good relationship with several sub-contractors available to help with additional work.
The business has a user friendly website www.thesteelmonkey.com detailing further information about the services offered. The business also has a presence on social media platforms.
This outstanding business genuinely comes to the market due to our client’s other business interests. We believe this would be an ideal acquisition as a bolt on to an already existing business working within this niche sector. With our client happy to offer a hand over period to assist with the smooth transition of ownership.
The business currently operates from an industrial unit in Banstead serving throughout South London and Surrey.
However, the business only is for sale, therefore could be relocated to anywhere in the South East of England or beyond.
There are no premises included in the sale.
191 amp mig welder
250 amp mig welder
110 volt Converter welder
Duel voltage converter welder
Diesel generator welder
Impact Bolt gun
110 volt leads
Hydraulic pipe bender
Chain blocks & Straps
Assorted hand Tools
Oxy, acetylene pipes & cutting torches
Site tool boxes
This is a business only venture.
The business works flexible hours to suit individual projects.
The business is solely run and managed by our client.
The business reports turnover at circa £100,000 and a gross profit at around 40% for this financial year.
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