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Sheet Metalwork Business In Basingstoke For Sale

Basingstoke, Hampshire
Asking Price:
£185,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
£260,000
Cash Flow:
Available on request

Business Partnership is pleased to bring to the market an established sheet metalwork company based in Basingstoke, Hampshire. They began trading in 1994 & specialize in the manufacture & installation of Galvanized sheet metal ductwork and serve mainly London & the south of England. The business has been carrying out this type of work in many different establishments including Universities, Hospitals, Offices, Warehouses etc. It has also in recent years completed installations in large exclusive private dwellings in Park Lane, Chelsea, Kensington & Weybridge. The company is also a Delivery Partner for Kingspan Insulation, working with a relatively new product called “Koolduct”. This product is phenolic foam based and comes in thicknesses of 22mm & 30mm, it has certain advantages over standard galvanized ductwork. Lightweight, no insulation is required. It is one of only a handful of Delivery Partners throughout the country who are able to combine both manufacture & installation of this product. The business has many years of experience and provides the following services; Supply & installation of Galvanized mild steel ductwork systems Supply & installation of Kingspan Koolduct systems (see bottom of paragraph) Sheet Metal work in various materials CNC Plasma cutting Automation Light Fabrication works Fully coordinated drawings in AutoCAD format Site surveying Project management Regular progress reports Deliveries to sites in London & the south of England Acoustically lined ductwork TIG & MIG welding on Mild Steel, Stainless Steel & Aluminium Canopies for commercial Kitchens The business is being sold due to the owners wish to retire, but he is willing to stay on, (on negotiated terms), for up to 10 months to assist with the handover

Key features:
- Established successful business
- Highly profitable
- Relocatable
- Great scope for expansion

Property Information

Property:

Leasehold

Lease Terms:

The premises are available on a negotiated lease/rental agreement with the landlord. Annual rent is £20,500

Location:

The business is located in a modern industrial estate in Basingstoke

Premises Details:

The premises consist of a modern workshop with ground floor area of approximately 1750 sq ft plus Mezzanine area used for light working and storage. There are also 2 Offices & 1 Canteen and WC’s. Approximate total Mezzanine area 1200 sq ft Parking for 2 vehicles plus 1 in front of roller door

Business Operation

Expansion Potential:

The business is relocatable with the south east. The current premises will accommodate 4 manual workers and at least 3 office staff.
Current clients send many other projects to this business, which are not quoted for, due to current staff/ work ratio. This established business has enormous potential for further growth with staff expansion

Reasons for selling:

Retirement

Trading hours:

Monday to Friday 0700 to 1700

Employees:
The business is run by the owner and 1 full time employee working as a sheet metal worker, plus 2 sub-contractors on site for installation. When busy,
Years established:
25

Other Information

Support & training:

A full negotiated handover service is offered by the owner

Furniture / Fixtures value:
£30,000 - included in the asking price
Inventory / Stock value:
£25,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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