Business Hilton Smythe welcomes to the market Steam Traction World Ltd. This business was originally established by our clients in 2008.
The business are a specialist large-scale kit form model road steam engines; manufacturer and retailer. Products are ready for purchasers to assemble and paint. The business that also exports its products to Australia, New Zealand, America, Malaysia, and Western Europe. This is a multi-award winning model business that offers different size models. Our clients are continuously working on new and improved designs to boost sales.
Kits include: -
Lykamobile Full Size Steam Car
Burrell Roller 1/3rd scale
Burrell SCC 1/3rd scale
Burrell Single 1/3rd scale
Burrell Showmans 1/3rd scale
Burrell Road Loco 1/3rd scale
Burrell Traction Engine 1/6th scale
Foden Steam Lorry 1/3rd scale
Foden Tractor Unit 1/3rd scale
Foden Steam Lorry 1/2 scale
Foden Tractor Unit 1/2 scale
Various Trailers/Wagons and ancillary items to suit above.
Steam Traction generated a turnover in the region of £800k as of the 2018 accounts, with a gross profit of 39%. We are advised that there is currently £1.55m worth of orders on the books. Although this is a healthy turnover, we feel there is scope to increase this figure further.
The property is an excellent size and has the facilities to increase growth. There are numerous ways this could be achieved by developing the ‘kit’ concept further and taking advantage of procuring more components abroad. They also have the added advantage that they have no competitors worldwide.
This is a niche market with a specific target audience. Our clients often attend steam engine rallies to boost knowledge of the company to enthusiast. The model business also has its own website. (www.steamtractionworld.com) The site displays the kits available and information about the business. We believe that Steam Traction has also appeared on The One Show.
This is a fantastic opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of the trade.
Location Steam Traction World Ltd is located in Daventry, Northamptonshire.
The business is situated on an industrial estate. The estate is filled with ample amounts of complementary businesses. This is a great location that benefits from heavy footfall and passing trade.
Daventry is a market town in Northamptonshire and hosts weekly markets on Tuesdays and Fridays. The town has a population of circa 25,000 as of the 2011 census. The town is 76 miles north west of London, 13 miles of Northampton and 10 miles from Rugby.
The industrial estate which the business is located is just minutes away from the A45 an arterial road that connects to the M45 at Dunchurch. The road then runs across to the town centre of Northampton, just a short 30-minute drive away. As well as great road connections, the town also has generous public transport links. There are several bus stops just off the estate.
Premises Steam Traction World Ltd boasts a substantial sized property on an industrial estate. This is a two-storey property with ample amounts of parking. There is a drive which leads to a full height roller shutter door.
The property briefly comprises-
The showroom is set on the ground floor, this is used for model displays.
Fully equipped workshop with work benches, assembly and packing areas.
Full height storage racking
Fully racked storage area.
Open plan office area with desks and seating (first floor)
Round table with 6 chairs.
Haas ST10Y Driven Tooling Lathe
Hyundai VX500 CNC Milling Machine
Supermax YMC65 CNC VMC x4
4th Axis for above
Supermax V105 CNC Lathe
Supermax V65 Lathe x2
Drummond maxicut gear cutter
Rascamat Tapping Machines x3
Birlik CNC Saw
Catterpillar Fork Lift Truck
Various Welding equipment
Hydraulic Rolling Machine
Full equipment list available upon request.
Tenure We are advised the business is being sold as a Leasehold opportunity.
Lease available to negotiate.
Rent: £36,000 per annum
Hours Business opening hours: -
Monday – Friday: 8am – 4:30pm
Staff The business is run and managed by our clients, with the help of six full time and two part time members of staff.
Financial Profile The business generated a turnover in the region of £800k as of the 2018 accounts, with a gross profit of 39%.