Metal manufacturing companies for sale in Lancashire

View the "Steel Fabrications Company" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Unbelievable, as I've saved hundreds on agents fees, by doing it myself. 

Anjam Hussain (Jun 2017)
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Leasehold Price: £89,950 Turnover: £54,000 Gross Profit: £27,000
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Business Description
Business
Hilton Smythe welcomes to the market a steel manufacturers business. This stainless-steel fabrication specialist was originally established in 1985. Our client is now looking to sell the business, due to the desire to take a well-deserved retirement.

The business runs as a manufacturer for stainless steel products. This includes welding, fabrications, stainless steel welding, ducting and sheet metal. Over the years our client has acquired several contracts with large well-known companies, Heinz Foods, Baxy Fires and Waitrose to name a few. The business also offers more product lines for orders to the public.

The business is currently generating an advised turnover of around £54,000, with a gross profit of 50%, as of 2016 accounts. The manufacturer is open 6 days a week and is run and managed by our client, who has years of experience.

Our client runs this business at a steady pace to suit them and so, over the years the business has seen a slight decrease in sales. Before this, turnover was high and our client hired staff. This business could benefit from a hands-on purchaser with experience in the trade.

New contracts with other larger companies could also benefit this business. There is currently no marketing or advertising in place, leaving for significant space for future growth.

This is a ready to run business with an exceptional reputation. Included in the sale are large amounts of equipment.

This is a fantastic opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of the trade.

Location
The business is located in Lancashire.

Situated in a large industrial mill. There are other businesses located in mills around this premises. The business benefits from plenty of off road parking.

This area is just a short drive to major towns. There are great road links and generous public transport.

Premises
The business occupies substantial industrial premises, just off a main road. There are ample amounts of parking in the area and the property is well-secured.

The workshop space comes fully equipped with all relevant machinery and tools. There are concrete floors, timber wood and sheet metal ceiling with lighting. This is a clean and tidy workshop area.

The toilets are located at the back corner of the premises.

Equipment included in the sale, is as follows-
Morean Rushworth Hydraulic Guillotine
Pyramid Rollers 36” long
Jinny Machine
Tredal Guillotine
1 Meter 1.6 SWG
Stand Drill
Corner Notcher
Press Brake
Tig Welder
Lock Former
Pyramid Rollers 72” Long
Hand Bender
Band Saw
3 Mig Welder
Cut Master
2 x Fly Presses

Tenure
We are advised the business is being sold as a Leasehold opportunity.

New lease available, upon negotiation.
Rent: £5,280 per annum

Hours
The business opening hours-

Monday - Friday: 8am – 6pm
Saturday: 8am – 2pm
Sunday: Closed

Staff
The business is run and managed by our client.

Financial Profile
The business generates a turnover in the region of £54,000 as of 2016 accounts.
Gross profit 50%

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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