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Business For Sale
SHEET METAL ENGINEERS
Attn:
Andrew Hudson
'Hertfordshire', United Kingdom, GB
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Listing Number: "IS019"
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Listing
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Asking Price: |
$2,250,000
GBP United Kingdom Pounds
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Business for Sale Industry: |
Manufacturing: Metal Products
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Reason for Selling:
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Interest in other business. |
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Yearly Revenues:
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$1,200,000 |
Business for Sale Overview:
This precision sheet metal engineering company was established in 1986 by the current vendor and has traded from strength to strength. The company manufactures components out of sheet metal for various sectors including the medical, communications, marine and electronic industries, plus work for the Ministry of defense. They can work on Ferrous and non-Ferrous Metals, Plastic coated metals, Rigid plastics in sheet form and hollow sections. The Business trades from its own purpose built, freehold premises of circa 12,000 sq. ft., which incorporates warehousing, manufacturing and offices. Superbly equipped with state-of-the-art laser machinery and extensive workshop facilities, they are committed to a fast, top quality turnaround with the help of a fully enabled job tracking system.
Property Features and Assets:
The business premises are owned by the company and offer circa 12,000 sq. ft. of warehousing, manufacturing and office space. The current market value of the premises is circa £1,000,000. They are serviced by mains gas, electricity, water and sewage.
Market Competition and Expansion:
A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation, the most effective form of advertisement for any organization and its reputation enhancement. Great success has been achieved without the need for regular local or national exposure, though some success has come from direct e-mails and business directory placements.
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