Mechanical Engineering for sale in Goole

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Mechanical Design & Engineering - Goole

Goole, East Yorkshire, England

  • Freehold Price: £300,000
  • Annual Turnover: £250,000
  • Annual Gross Profit: £100,000
  • Annual Net Profit: £60,000
Seller Reference: 6763
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Business Description
 
 
 
 
 
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Seller Reference: 6763
Request Details
Business Description
Established 1984
Annual Turnover Circa £250,000
Gross Profit Circa £100,000
Financial Information Available After Viewing
Retirement Sale
0.6 Acres Of Land
One 2,000 Square Foot Work Shop
One 1,200 Square Foot Work Shop
Additional Office Space
Family Run
Good Links to A19 & M62
EPC – E
REF 6763 – Freehold Mechanical Design & Engineering

Blacks Brokers are pleased to bring to the market this mechanical design & engineering business located within a busy industrial estate on Roall Lane, Kellington.

INTRODUCTION

Slater Services was established by our client in 1984. Due to expansion and business requirements, Slater Services moved to this location in 1994. The business is very well known within this industry and has an excellent reputation. The client base is a mixture of both corporate client such as Howden UK LTD and independent local business, the majority of them are repeat, word of mouth recommendations. There is currently very little advertising undertaken so a new owner would benefit massively from developing this area. Over the years the business has established fantastic relationships with it's customers and the current owner would be willing to offer a handover period in order to assist a new owner in maintaining those relationship.

LOCATION

Slater Services is situated on an industrial estate surrounded by other commercial properties, it is around a two mile drive from the M62. The property is situated just over a mile from Eggborough and lies almost adjacent to the A19 truck road which provides excellent vehicular access to Doncaster and the M62 motorway. The workshop and yard are close to other workshops and yards and within a short distance of Eggborough Power Station. The property can also be easily accessed from the A19.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s retirement desire, Slater Services is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

STAFF

The business is currently operating with only our client and son in management with the addition of self employed sub contractors in busy periods.

FINANCIAL DETAILS

Slater Services has traded well during a very impressive trading history. We are advised that the business currently has annual turnover of circa £250,000 with gross profit of circa £100,000. Full financial details are available upon viewing.

BUSINESS RATES

The business currently enjoys low rates. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This long established business occupies a superb trading position within a well linked area of Goole. Our client has secured a superb reputation and large customer base. However, there is plenty of scope to develop the business further with a new online presence and strong marketing drive. Potentially, the employment of a sales person or team for direct marketing could be beneficial. This proposition would therefore ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Viewings are advisable. Fixtures:

Fabrication Shop

TOWN 48Ó Radial Drill

Rhodes 96Ó Guillotine Hydraversal

Rhodes 130 Ton x 8ft Mechanical Press Brake

Pending Halls 130T Punch

Samand 18Ó Fettering Grinder

Kingsland Iron Worker Model J21

100Ton Hydraulic Press

Air Arc Gouging Plant

5 No. Various MIG Welding sets

TIG Welder

2015 year 2m x1m Table CNC Plasma Profile Cutter 20mm Capacity

2 No. 315 amp Mobile GEN Set Welders

100 CFM Mark Type Workshop Compressor with Dryer & Receiver

4 Tonne Over Head Ganrty Crane

Caterpillar 4 Tonne Fork Lift

Sheet Metal Area

Box & Pan Folder

36Ó Pyramid Rollers

Pillar Drill

Band Saw

Spot Welder

Machine Shop

2 Ton Overhead Hoist

XL 1640 Centre Lathe

AJAX Milling Machine

Newton 8Ó Slotter

Herbert Multi Spindle Drill

Tylarc Stick Welder

Marvel Series V-10A CNC Controlled Band Saw

Grit Blasting Shop

Ingersol Rand 400CFM Compressor

2 sets of Blast Equipment ie. Pots & Protective Equipment

Covered area of yard

6ft x _Ó Plate Pyramid Rollers

Hyster 5 ton Compact Fork Lift

Fiat 3.5 Ton Pick up

Fiat Small Van
Trading hours:
MON - FRI: 08:00 - 16:30
SAT & SUN: CLOSED
Tenure:
Freehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Slater Services operates from a purpose built industrial unit which is a steel portal frame construction with an eaves height of around sixteen feet. The property is located within a secure, gated area and branding is fitted to all sides. The land included in 0.6 acres in total. Inside, the property there is a large workshop area fitted with a range of specialist equipment and heavy vehicle inspection pit with vehicular access via two steel roller shutter doors. There is also a spacious office area and meeting room with toilet facilities. There is also a smaller workshop of 1,200 square feet. Outside, there is also a free standing portacabin which is used currently for additional storage.

Location Details:
Goole
Listed by:
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