Engineering, West Yorkshire, West Yorkshire
Business rates & charges may apply
- SIZE
Ask agent
- 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
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
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Notes
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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