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Engineering, West Yorkshire, West Yorkshire

£500,000

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
SIZE

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SECTOR

Workshop for sale

Key features

  • Net profits between £227,000 and £334,000
  • Consistently high profit margins
  • Repeat clientele
  • Lots of demand and untapped potential
  • Includes all plant and equipment

Description

PRECISION SHEET METAL CONTRACTORS in the West Yorkshire for Sale.

OPPORTUNITY - This hugely profitable sheet metal engineering firm was established in 1996 and boasts a number of regular clients who supply finished products to giant, multi-national companies. The business specialises in the manufacture and supply of simple and complex sheet metal components to these companies. Medium to high volume repetition sheet metal component production.

THE BUSINESS - Operated by two working partners and a small team of skilled employees, over a modern four day working week. Included in the purchase price are the business goodwill, all intellectual property, client list and forward order book. The asking price includes all plant and equipment. This is a very successful and highly reputable business, with excellent repeat business brought about by producing the highest quality work, meeting delivery deadlines and having the ability to meet clients specific and bespoke needs. There exists huge opportunities for ambitious and enterprising new owners with the necessary skills and experience in this industry to promote the company, chase and tender for new contracts and take the business to a whole new level. Demand for services is high, but so far untapped, due to the owners having one eye on retirement now.

TRADING INFORMATION - Turnover in this industry is prone to fluctuation, dependant on client demand to fulfil orders. The detailed accounts for year to 31st October 2022 show turnover of £1,048,393 and net profit of £334,000. Accounts for the year to 31st October 2023 show sales turnover of £734,415 and net profit of £227,379 shared by two working owners.
Stock negotiable. EPC exempt if re-located.

About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

Selling a Business?

Selling a business in the UK? We’ll be with you every step of the way

Selling any business can be a daunting task, but even more so when you’ve worked hard to build your own. That’s why finding the right business transfer agent is so important; you need to trust that you are working with people who have your best interests at heart.

That’s exactly what you’ll find at Ernest Wilson. Our clients’ interests are at the forefront of everything we do, and we’re pleased to have built a reputation based on our passion for what we do, implicit trustworthiness and thousands of recommendations over the last 60 years. Selling your business can be a time of mixed emotions, but we’ll be with you every step of the way.

Ernest Wilson is the leading business transfer agent with offices throughout the UK. We will never ask for payment in advance, not only do we have the necessary expertise to correctly value your business, we also have the resources to professionally market that business and obtain the best possible price in the market.

No advance payments

We don’t believe in asking for payment in advance, so we simply won’t do it. We often find that those who do are more interested in obtaining your signature than finding you a buyer, leaving their clients underwhelmed by the lack of advertising and efforts put in to selling their business.

Our advice is straight forward: if an agent asks for any payment from you in advance, don't use that agent.

Confidential, discreet support

Selling your business calls for discretion balanced with commerciality. We know that simply putting up a For Sale sign often does little more than set tongues wagging and unsettle your staff, and we’re pleased that we sell over 99% of businesses without the need for one.

We don’t give out details of your business to a potential buyer unless they are registered with us. Only then will they receive the full particulars of sale on your business. Our drive, passion and attention to detail in selling your business means we’ll only introduce it to people who are the very best fit.

Unrivalled, interested contacts

Our database of potential buyers is unrivalled by other transfer agents, and we’re proud of our relationships with potential buyers that allow us to understand exactly what they are looking for – meaning we can sell your business faster.

We offer local, regional and online advertising, and have extensive links to finance through a variety of financial institutions which help to complete your sale.

Thinking of Selling

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Disclaimer - Property reference 590068. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ernest Wilson & Co Limited, EW Leeds. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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