Engineering companies for sale in Warlingham

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Y. MacGregor (Nov 2017)
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Leasehold Price: £15,000 Turnover: £12,000 Gross Profit: £9,600
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Business Description
Business
Hilton Smythe are proud to welcome Chameleon Enterprises to the market.

Chameleon Enterprises Ltd have been established since 2017 and are a surface finishing company specialising in powder coating.

They work with Fabricators, Manufacturers, Metal Workers and Private Clients to provide a quality and professional finishing service with a fast turn around.

They work on a huge range of products, from small household and garden items such as

• Door handles
• Shelf brackets
• Garden ornaments
• Larger items such as iron gates
• Railings
• Bespoke outdoor furniture
• Bicycle
• Car & motorbike parts including alloy wheels.

60% of their current business comes from the blind and rails industry and they have 10 core customers who provide repeat business.

Scope to Improve;

• Advertising and marketing campaign
• Maximise the use of social media
• Open weekends

Location
Chameleon Enterprises is nestled within a small industrial site along Farleigh Road, Warlingham in Croydon

Warlingham is a village in the Tandridge district of Surrey, 14.2 miles South of the centre of London and 22.3 miles East of the county town, Guildford.

Warlingham is the centre of a civil parish that includes Hamsey Green, a contiguous, smaller settlement to the north. Caterham is the nearest town which is 2.0 miles to the Southwest.

The nearest train station is Upper Warlingham which is located 1.9 miles away from Chameleon Enterprises. Upper Warlingham railway station is on the Oxted line serving Warlingham and Whyteleafe, it is in Travelcard Zone 6, calling at stations such as London Bridge, Clapham Junction, East Croydon and London Victoria

The business benefits from parking directly outside the premises for upto 3 cars or restricted street parking a short walk away.

Premises
The premises is an industrial unit spread over one floor which includes workshop area and separate office space.

This industrial unit has shared communal areas which include a kitchen and toilet facilities, this is shared with 4 neighbouring units.

There is a large roller shutter entrance to the front of the premises and a separate entrance door to the side for everyday use.

Equipment included in the sale of the business:

• Water extraction booth
• Industrial oven
• 2 x compressors
• Blasting pot
• 2 x powder coating guns
• Roll cages
• Chemical cabinet
• Filing cabinet
• Desk

Tenure
We are advised that Chameleon Enterprises is being offered a Leasehold business with a rolling 1 year agreement.

The rent is excellent value for money at just £2,400 per annum which is very reasonable given the size of the premises

We are advised that there are no business rates currently payable.

Hours
Monday-Friday 9.00 am – 5.00 pm
Saturday - Appointment only

Staff
The business is run and managed by our client

Financial Profile
Chameleon Enterprises generates an advised estimated turnover of circa £12,000 per annum with an advised estimated gross profit of £9,600

The advised estimated net profit is £3,000 with an estimated adjusted nett profit of £5,000

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04525
Seller Reference:
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