Overview
Description
PRECISION SHEET METAL CONTRACTORS
Net profits between £227,000 and £334,000
Consistently high profit margins
Repeat clientele
Lots of demand and untapped potential
Price includes over £150,000 in plant and equipment
REF 590068. EPC exempt if re-located.
Business, Offers Around £500,000
West Yorkshire
PRECISION SHEET METAL CONTRACTORS in West Yorkshire for Sale.
This hugely profitable sheet metal engineering firm was established in 1996 and boasts a number of regular clients who supply finished products to giant, multi-national companies. The business specialises in the manufacture and supply of simple and complex sheet metal components to these companies. Medium to high volume repetition sheet metal component production.
LOCATION – Based in West Yorkshire and operating from leased industrial premises. The business can continue to operate from the current premises on a secure lease if new owners wish, or be relocated. The business can be run from anywhere in the UK.
THE BUSINESS – Operated by two working partners and a small team of skilled employees, over a modern four day working week. Included in the purchase price are the business goodwill, all intellectual property, client list and forward order book. Plant and machinery has a conservative estimated value of at least £150,000 and is included in the asking price. This is a very successful and highly reputable business, with excellent repeat business brought about by producing the highest quality work, meeting delivery deadlines and having the ability to meet clients specific and bespoke needs. There exists huge opportunities for ambitious and enterprising new owners with the necessary skills and experience in this industry to promote the company, chase and tender for new contracts and take the business to a whole new level. Demand for services is high, but so far untapped, due to the owners having one eye on retirement now.
TRADING INFORMATION – Turnover in this industry is prone to fluctuation, dependant on client demand to fulfil orders. The detailed accounts for year to 31st October 2022 show turnover of £1,048,393 and net profit of £334,000. Accounts for the year to 31st October 2023 show sales turnover of £734,415 and net profit of £227,379 shared by two working owners.
Stock negotiable. EPC exempt if re-located.
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