Long-established Manufacturers, Fabricators & Erectors Of Steel Frames For Construction For Sale

Description:

Business Partnership Corporate is pleased to bring to market this long-established and profitable business.

Offers are invited for 100% of the Share Capital plus NAV. Freehold may be available by separate negotiation.

The business manufactures, fabricates and installs steel frameworks for large construction projects, both commercial and domestic applications.

Average annual sales in recent years c£2.7m with EBITDA of c£600k. NAV at the end of the last financial reporting period was c£766k.

The company gets its business mainly from existing clients and referrals. They carry out no proactive marketing, nor do they have a website, so there is great potential to build upon the company’s excellent reputation.

Premises Details:

Very well maintained premises comprising fabrication workshop, offices, parking and common turning area.

Offices: 1,054 sq ft. Workshop 6,702 sq ft, fully equipped for fabrication with large access doors and high eaves with overhead cranes.

Situated on a busy main road with good local amenities.

Half of the premises (a further 7,756 sq ft) are let to a separate company on a self-contained basis.

The vendors own the freehold and may be prepared to sell subject to separate negotiation.