Shot Blasting Services To The Steel Industry

Price:

Other - £250,000

Turnover:

Seller Ref:

1144WF

Location:

West Yorkshire

Business Type:

Corporate Businesses, Manufacturing companies, Service Businesses

See Other:

Other manufacturing companies for sale in West Yorkshire
Other service businesses for sale in West Yorkshire
Manufacturing businesses for sale in West Yorkshire
Manufacturing companies for sale in West Yorkshire
Service businesses for sale in West Yorkshire
Corporate businesses for sale in West Yorkshire

Description:

THE BUSINESS:

HISTORY

• Established by vendors in 1986 as independent shot blasting company
• Incorporated 1997
• Excellent reputation forged with main industry player
• On going investment programme and staff training to ensure industry standards are always met and capital equipment remains current
• Now a preferred contractor

REASON FOR SALE

• Retirement

SERVICES

• Shot blasting work to customer specifications
• Low pressure jetting undertaken
• Painting to specification

CUSTOMERS

• All work undertaken for one large industry player on a 3 monthly rolling contract
• 25 years history with this customer
• A respected and preferred supplier

SUPPLIERS

• Consumables and capital equipment procured from a range of established trade sources

STRENGTHS

• Excellent reputation with blue customer, a main player within the steel industry
• Established many years
• Loyal and experienced staffing complement
• All requisite equipment included within consideration price
• Solid financial performance with excellent EBITDA
• No credit issues
• Extremely low overheads as run from home
• Easily re-locatable throughout Yorkshire and Humberside

SCOPE

• Business development to include focus on additional clients
• Introduction of additional industry related services to existing and new clients
• Negotiation of labour rates upwards
• Superb niche “bolt on” business for existing player in the market seeking “blue chip” client

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Location Details:

• Business run from vendor’s home with small on site storage facility • Work exclusively undertaken in major steel producing region in North Lincolnshire/Humberside • Excellent transport infrastructure

Lease Terms:

• Run from home • Fully re-locatable

Trading Hours:

• Typically 5 or 7 days per week as contracts dictate

Accommodation:

• Run from home • Storage facility on site provided by client • 20 ft x 8 ft site cabin • Blasting machine • 2 jetting machines