A great opportunity to purchase an established metalwork business serving businesses all over Greater London and beyond over the last 20 years. The business is a premier provider of metalwork primarily for property developers and architects providing all kinds of residential and commercial development work across Greater London and the South-East of England, and especially the high-end luxury part of the residential property market. Much of the work is of a highly bespoke and profitable nature, based on requirements of developers including work on balustrades, railings, staircases, fire escapes, and gates. The firm is well known to professional architects and designers all over Greater London.
Competitors include smaller metalwork companies, although the present business for sale is often in a position of sub-contracting work to such competitors given their reputation and the volume of work they receive. Marketing to new customers arises largely through the firm’s long-established presence and referrals and many architects and developers return for repeat business.
There is significant growth possibilities by hiring more personnel to service the volume of work as well as more focused advertising among architectural and property development firms.
Annual gross sales are £850,000. The owner is selling the business to retire.