Family run business for over 20 years excellent reputation
Turnover restricted by vendor at £75,000 annum EBITDA currently £17,000 easily tripled
Low rental leasehold with decent usable yard, ideal repairs and other uses
All assets included, retirement sale
Ref: 47104. A long established and family run welding business offering all types of welding/fabrication and repairs. Complete with large leasehold premises ½ acre yard and all assets included
Turnover is currently limited by elderly owner who turns work away daily.
Current figures give EBITDA at 17k easy to triple. Work on books to be transferred with sale
Leasehold OIRO £75,000 inc assets plus stock
An excellent opportunity to acquire the independent welding, fabrication and general metal works business that has been established and run by our client for the last 20 years. A.M Auto welding was the brainchild of Alan Morgan who grew the business from nothing after seeing a market in the area. 20 years on and the business has an enviable reputation and is sought after from people in the street to large companies and has grown since. Several years ago figures were over double but due to the age of the vendor, has slowed down and now has a position of only choosing the jobs he wants due to age.
A.M Auto Welding is located within a secure yard located just off the main road in Pontarddulais near Swansea and is only an 8 minute drive to the main M4 motorway. The yard is huge and spans over ½ acre with a 3,600 sq ft industrial workshop held upon a current rolling lease, landlord will offer a lease for a set period if required at favourable rates.
The business offers all types of welding, Alan being a prior coded welder from repairs to vehicles, fabrication and design of metal gates to large metal framed buildings and has a wide diversity of clients. Welding can include exotic materials but primarily steel and aluminium, MIG, TIG and mixed gasses welding are all done here with a whole host of backup metal manufacturing equipment listed in the assets below.
The business has no need for advertising and works solely upon reputation. Currently a large quantity of work is turned down by the vendor. This in context offers excellent scope for new owners to instantly take on more work and increase the turnover. The unit is also suitable to other types of business including vehicle repairs or as a depot for a haulage contractor or large builder. The business is priced to sell and will attract interest from people wanting their first business premises with guaranteed customers to making an ideal acquisition for a small business wanting larger premises and additional cli
Summary. This is an excellent opportunity to acquire a potential lifestyle business in a beautiful area, a business in a box with excellent reputation and a pipeline of business. In addition, the business offers an excellent opportunity for a current business to expand or for an established business to acquire. Early viewing is essential to avoid disappointment
Is accommodation included?: