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Oldham, Lancashire, OL3

£139,995

Business rates & charges may apply

Hilton Smythe, Bolton
SECTOR

Garage for sale

Key features

  • Ref:B06759
  • Leasehold

Property description

Business
Please quote reference B06759

Hilton Smythe is delighted to present to the market Spraybake JRC, a highly renowned company specialising in high quality powder coating.

Spraybake JRC was originally established in 1996 followed by a full transfer to our client's family in 1999.

The ‘turn-key’ business opportunity is now being made available for sale due to ill health however a full handover will be offered. There is a very loyal and skilled team in place who will be included in the sale, their experience and customer knowledge is key to the success of the level of repeat work/recommendations.

Spraybake JRC offers expert powder coating services to both domestic and commercial customers with a same day turnaround for some essential work when required.

The list of different customers include -

  • Local councils & authorities
  • NHS
  • Sporting venues (e.g. Manchester United, Manchester Cricket Club)
  • Local airports
  • Train & bus companies
  • Small & large commercial work
  • Restaurants &  cafes
  • Domestic work
Spraybake JRC can powder coat small and large sized projects - from domestic seating, gates and fencing to street lamp posts, airport carousels, industrial lampshades, bespoke wine racks and bars, doors and frames.

Our clients insist in quality both in the level of customer service they offer to the paints they use.

The powder coat uses paints from leading manufacturers like Interpon and Valspar.

They can offer 4 choices of paint finish -

  • Gloss
  • Matt
  • Satin
  • Textured
Our client advises they undertake no advertising as the level of work that comes in through word of mouth alone, keeps them very busy. As you can see from the accounts, the business is enjoying both an increase in turnover and profit levels.

Why choose Spraybake ? -

  • Over 30 years’ experience
  • Fast turnaround
  • Competitive pricing
  • Personalised service
  • No job to small
  • Specialists in multi-coloured powder coatings
  • Over 400 colours available
  • New 4m new oven installed
  • Top quality powder coating
  • Premium express turn around available
  • Trained team in place
Very rarely do businesses of this type, location with such a trained and loyal team in place come on to the open market.

Key selling points include -

  • Excellent customer testimonials
  • 4.8/5 Google review score
  • Opportunity to expand/ increase trading hours
  • Large, double height unit
  • Full business handover
  • Loyal database of around 30 customers
  • Business website
  • Facebook page - 114 followers
  • Twitter, LinkedIn page
  • Low rental terms
  • Close proximity to both the M60 & M62 motorways
With the continuous growth in both commercial and domestic demand for industrial spaces, creating and updating new projects using metal will directly impact the need for specialist powder coating.

We believe any new owner will have the instant opportunity to significantly increase the current turnover/profit levels by simply increasing the awareness of this well respected business.

Hilton Smythe strongly advises any potential buyer to make early enquiries to avoid any disappointment.



Location
Spraybake JRC occupies a sought after trading position on the Boarshurst Business Park in Greenfield, Oldham.

The business is surrounded by a good mix of light industrial businesses as well as a large area of residential homes, a large Tesco superstore, local primary school and sporting facilities.

Greenfield is a popular area located just on the outskirts of Oldham town centre with close proximity to the busy M60 motorway.

The business currently services clients in the Manchester, Stockport and Ashton-under-Lyne areas.

There is free customer parking directly outside the unit.

Nearest mainline station is Greenfield (located just a few minutes’ walk from the unit).



Premises
  • Large double height work unit
  • Office
  • Storage room
  • Staff facilities/toilets




Tenure
We are advised that the business is being sold on a Leasehold basis, with 3 years remaining on the 5 year lease. The rent is £800 per month. 



Hours
We are advised that the business hours are -

Monday – 7:30am – 4:30pm
Tuesday – 7:30am – 4:30pm
Wednesday – 7:30am – 4:30pm
Thursday – 7:30am – 4:30pm
Friday – 7:30am – 3:30pm
Saturday - Closed
Sunday - Closed



Staff
We are advised that the business has 2 full-time members of staff.



Financial Profile
We are advised as per the 2021 accounts, the business generated a turnover in the region of £145,000, with an adjusted net profit in the region of £52,000. Full financials can be made available upon further request. 

Please quote reference B06759



Oldham, Lancashire, OL3

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Greenfield Station0.5 miles
  • Mossley Station2.3 miles
  • Oldham Mumps Station4.1 miles

About Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

At Hilton Smythe, we sell businesses. For those looking to buy or sell in the UK, we act as a bridge between buyer and seller. We pride ourselves on making the business sales experience more transparent, fair and enjoyable for buyers and sellers alike.

We market businesses using multiple market leading platforms and channels all with the aim of achieving the best price and outcome for our clients.

We’re a young, fresh and driven group of people with the knowledge and experience ne

More properties from Hilton Smythe, Bolton

Notes

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Disclaimer - Property reference B06759. 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 Hilton Smythe, Bolton. 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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