Fabrication Businesses for sale in Ashford

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John Peacock (Feb 2017)
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Asking price: £295,000 Turnover: £267,713 Gross Profit: £137,250
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Business Description

Hilton Smythe are delighted to present to the market Ashford Chroming, a highly successful internet driven business established by our client over 10 years ago and now offered for sale to allow our client to concentrate on their other business interests.

Ashford chroming is the world's no 1 independent restoration shop for chrome, gold, nickel playing and restoration, with more than 7,000 customers worldwide. Proud to have restored over 50,000 parts in its successful history, the business has extremely low running costs with a consistent increasing demand for its service.

Our client has developed a highly efficient and bespoke internet site which can manage the complete work cycle from enquiry, pricing orders, delivery tracking, progress update to delivery. Our client invested approximately £100,000 in this site to allow minimal labour costs and a professional customer focused experience from start to finish.

All work is delivered direct to the Chromer and collected when complete. No physical chroming work is completed by our client and they operate on a complete management service only with an extremely high net profit percentage of 46%.

Our client enjoys an excellent relationship with the 2 xChromers who thrive off the work sent to them by our client.

The business offers chroming, chroming plating, re-chroming, chrome removal, gold plating, silver plating, nickel plating, headlamp reflector re-silvering, metal polishing and shot blasting.

All types and sizes of jobs are undertaken from wheel nuts to bumpers, basin plugs to towel rails, cleats to winches, hinges and handles, engine covers to exhausts, trumpet tops to guitar bridges, lighters to juke boxes, belt buckles to watch cases.

Our clients hard work has resulted in a business now enjoying an increase of 20 % in turnover.

4/5 Star rating from 150 customer reviews.

There is the opportunity to add another Chromer to increase current workload, attend more vintage car homes and link with more interior designers and retailers.

The website is Ashfordchroming.com

Full handover offered.

Ashford Chroming is based in our client’s home office in Ashford, Kent.

The internet driven business could be relocated to any part of the country, however the 2 main units which carry out the re-chroming work are based within the London area so it would make an ideal acquisition to anyone based currently in the south east or south west.

All orders are placed and sent via Secure delivery to the office in Ashford and then distributed to the relevant Chromer following close inspection and photo logging of each individual piece.

Customers are based mainly within the UK and Europe, however the restoration business is used by thousands of enthusiasts, hobbyists, DIYers, restorers and collectors worldwide who share a passion for restoring old, classic and vintage tens back to life.

There are 7,000 active customers.

The business runs from a small office, however no fixed lease in place and the business is relocatable.

Business only.

All year round.

1 owner, 1 part checker, 1 part time admin person.

Financial Profile

2017 turnover £267,713 go £137,250 net profit £122,508 asset £100,000.

Is this business relocatable: Yes

Listed by: Hilton Smythe

Find out more about this business opportunity.

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