Metal manufacturing companies for sale in Banstead

View the "Relocatable - Steel Fabrication Business" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We were searching for a retirement business opportunity and we found it on www.daltonsbusiness.com 

Mr & Mrs Neville (Sept 2013)
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Asking price: £44,950 Price Reduced Turnover: £100,000 Gross Profit: £40,000
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Business Description
BUSINESS
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.

LOCATION
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.

PREMISES
There are no premises included in the sale.

Equipment included

191 amp mig welder

250 amp mig welder

110 volt Converter welder

Duel voltage converter welder

Tig welder

Argon bottle

Diesel generator welder

4” grinders

9” grinders

Die grinder

Hand drill

SDS drill

Drill press

Magnetic drill

Impact Bolt gun

110 volt leads

5kva transformers

3kva transformers

Hydraulic pipe bender

Chain blocks & Straps

Ratchet set

Spanners

Assorted hand Tools

Clamps

Bench

Vices

Bench grinder

Cut-off saw

Band saw

Oxygen bottle

Oxy, acetylene pipes & cutting torches

Site tool boxes

Stands

Jigs

TENURE
This is a business only venture.

HOURS
The business works flexible hours to suit individual projects.

STAFF
The business is solely run and managed by our client.

FINANCIAL PROFILE
The business reports turnover at circa £100,000 and a gross profit at around 40% for this financial year.


Listed by: Hilton Smythe
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