* Included in Asking Price
Steel Fabrication & Welding Company CE Registered, London
Location: Essex Serving London and throughout South East
Asking price: £117,500
Set up over 40 years ago, this very well established and reputable family business provides a comprehensive metalworking and fabrication service to a range of impressive clients.
BS EN 10190 accredited to supply CE marked Structural Steelwork (Execution Class 2), whatever the steel requirements of a Client, this Business can meet it – manufacturing to exact specifications, the highest quality requirements and in the shortest possible lead times.
With a wide ranging, loyal and longstanding Client base, including some of the biggest building contractors in the world, right through to local businesses and individuals, this business delivers across the widest range of projects – brackets and frames, grilles and ladders, angles and channels, open mesh flooring, weld mesh panels, structural and box sections, handrails and balustrades. It is able to offer most finishes including galvanising, powder coating and multi coat paint systems and such is its in-house expertise, it is frequently called upon to offer best advice on the design and development of projects and best fabrication practice.
The business has continuously re-invested in plant and equipment to keep pace with the ever-increasing demands of its customer base. Because of this the company can boast a good level of plant and machinery as well as knowledge of the market. This internal capability enables the business to carry out a variety of projects with quick turnarounds. From first contact to completion the onus is geared towards complete customer satisfaction.
|Facilities:||The business operates from ideal leasehold premises offering good access and plenty of parking. Circa 50 metre square plus second yard area, 70 mtrsq, the unit comprises the workshop, office accommodation and toilets.
The existing lease is on a rolling basis. Rent and rates are circa £13,600 per annum|
|Competition:||The business has used very little advertising in the past and there are excellent opportunities to increase this in line with a new sales and marketing push which would reap immediate rewards in existing and new market sectors.
A high proportion of the business's revenue comes from long standing relationships with clients and as such it enjoys good levels of repeat business. This is due to its excellent reputation for quality and service and strong word of mouth recommendation and this is expected to continue.|
|Growth Potential:||The business is well positioned to take maximum advantage of growth markets as they occur such is its ability to provide a large range of products and services in house with quick turnarounds. It has the infrastructure already in place to cater for significantly more work, be it volume/batch production or ad-hoc projects. It also has a client base that is seeing good growth and it could easily develop its current account base further by actively promoting the company and chasing work.|
|Training/Support:||The current owner would be happy to provide full training and support at handover and stay on for a period ot time after the sale, if so required, subject to negotiation.|
|Sale Reason:||This is a genuine retirement sale.|
Seller Reference #IS048
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