Status: Completed
Tenure: Freehold
Turnover: £390,000
Greater Manchester based Sheet Metal Fabrication Business For Sale
£399,950 + SAV

Greater Manchester based Sheet Metal Fabrication Business For Sale

Completed
  • Reference: 1067-C
  • Location: Rochdale, Greater Manchester
Hilton Smythe are delighted to bring to the market Woodford Sheet Metal Limited, which was established by our clients in 1972 and has been under their careful control ever since.

The principal activities of the business are sheet metal work and metal fabrication, offering clients a vast array of products and services which include; ducting, machine guarding, pipe work, tanks, enclosures, vats, chimneys, crash barriers, hand rails, gates, railings, steel structures platforms and fences. The majority of customers are based in the North West of England; however the business has clients in many other parts of the UK.

Although the business does not hold any long term contracts with clients, the business benefits from a plethora of repeat custom. Longstanding clients include the North Manchester and Warrington Hospital Boards and a number of other private companies such as lift manufacturers. Currently, the business does not carry out any form of active marketing but does have its own website which demonstrates the services available to clients. Implementing a marketing strategy and further development of the website would without a doubt increase the turnover and profitability of the business.

The business is fully equipped with all the expected tools and machinery, including; pipe notching tool, various sheet metal folders, MIG, TIG & MMA welders, drills, 3m x 10mm & 2.5m x 3mm guillotines, horizontal presses, power roller, 80 tonne press and pillar drill. All of which are included within the sale. A full inventory of equipment can be provided upon request.

Also included are three flatbed vans which are used for delivery of products to clients.

TENURE

Advised Freehold.

HOURS

The business currently trades 5 days per week - Monday to Friday.

STAFF

The company employs 7 full time members of staff and 1 part time member of staff, all of which are skilled, experienced tradesmen.

FINANCIAL PROFILE

The business reports a healthy and steady turnover of £390,000 with adjusted net profit being in the region of £60,000.
Woodford Sheet Metal Limited is located on Wham Street in the town of Heywood. Heywood is a town in Greater Manchester, north west England and is part of the Metropolitan Borough of Rochdale. Heywood can be reached via the M66 motorway and is also served by the East Lancashire Railway. Its main industry in the past has been cotton milling, although this has long since declined. Road communications are good with the A56, A58, and A66 providing access to the M65, M60, M56 and M6.
The premises can be accessed via Wham street, or via Duke street. From Duke street access is via the yard area which houses ample storage space in the way of containers, various outbuildings and the yard itself. To the left, there is a work area which houses a various inventory of equipment and an outdoors, covered work area which also houses a crane and further equipment. To the rear of the yard, a further building, again housing machinery and equipment contains an office area on mezzanine level and provides access out on to Wham street.

The yard area is protected by fencing and double gates. The main door on Wham street benefits from an intercom system.