Stocktaking Companies for sale in Cork

View the "Major Supplier of Steel Products Freehold, Independent Steel Stockholding & Trading Company" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Major Supplier of Steel Products Freehold, Independent Steel Stockholding & Trading Company

Cork, County Cork, Ireland

  • Leasehold Price: £1,200,000
  • Annual Turnover: £1,779,728
  • Annual Gross Profit: £509,252
Seller Reference: ER012
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Business Description
 
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Seller Reference: ER012
Request Details
Business Description
Long established and with an excellent reputation, this business is an independent home grown stockholding and trading company. The business has grown significantly in the past few years and has developed a fantastic brand name. Levels of stock have been maintained, even in the most competitive of conditions.

Started in 1990, the business supplies specialist steel specifications and stocks an extensive range of the highest quality engineered steel products, including a full range of carbon and stainless steel pipe, fittings, valves and flanges, stainless steel sheet and a full range of mild steel plate and sections, universal beams and columns, and much more.

The business is a major supplier to the following industries: Pharmaceutical, Dairy, Brewing, Refrigeration and Petrochemical.

The reputation of the company has been built by the current owner along with the teams expertise both fully supported by in-house technology. Specialists in non standard items across the range of made-to order- products, the business provides expert advice, drawing on the knowledge, experience and technical expertise the business has of the steel industry.
Trading hours:
Monday – Friday: 9am – 6pm
Number of employees:
04
Tenure:
Leasehold
Competition:
The business has relied solely on its well respected name and word of mouth recommendation and found no requirement for advertising, apart from the company website which provides excellent details regarding capabilities and products provided.
Support and Training:
The owner would be happy to provide support and training to help with a smooth transition of the business.
Location Details:
The business is centrally located on an industrial estate in a modern and progressive town. The freehold of the premises are not included in the asking price of the sale but are available by separate negotiation with an asking price of £400,000. A brick built structure of steel portal frame construction; the premises contain a ground floor warehouse of circa 7,000 sq ft with trade counter facilities, staff kitchen and toilet. To the front of the accommodation there are roller shutter doors and a personal entrance door into an office. The forecourt has plenty of parking spaces.
Leasehold Term:
A new lease will be offered to the company at an initial starting rent of €40,000 pa + rates.
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