Engineering companies for sale in Daventry

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Large Scale Steam Engine Model Kits

Daventry, Northamptonshire, England

  • Leasehold Price: £435,000  Price Reduced arrow_drop_down
  • Under Offer
  • Turnover: £801,888
  • Gross Profit: £316,370
Seller Reference: 13320 A
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Business Description
 
 
 
 
 
 
 
 
 
 
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Seller Reference: 13320 A
Request Details
Business Description
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-

Showroom

The showroom is set on the ground floor, this is used for model displays.

Workshop

Fully equipped workshop with work benches, assembly and packing areas.

Stock Room

Full height storage racking

Spares Storage

Fully racked storage area.

Reception

Open plan office area with desks and seating (first floor)

Meeting Room

Round table with 6 chairs.

Equipment includes:

Haas ST10Y Driven Tooling Lathe

Haas Barfeeder

Hyundai VX500 CNC Milling Machine

Supermax YMC65 CNC VMC x4

4th Axis for above

Supermax V105 CNC Lathe

Supermax V65 Lathe x2

Edwards Guilotine

Guifil Pressbrake

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%.

Tenure:
Leasehold
Listed by:
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