Status: Completed
Tenure: Leasehold
Leasehold Rent: £220 per month
Turnover: £60,000
Fully Equipped and Well Established Fabrications BusinessFully Equipped and Well Established Fabrications BusinessFully Equipped and Well Established Fabrications Business
£34,995 + SAV

Fully Equipped and Well Established Fabrications Business

Completed
  • Reference: 2885
  • Location: Deal, Kent
Hilton Smythe is delighted to introduce to the market Clark's Fabrications. Established for over 14 years by our client this fabrications company has been very successful.

Our client is now looking to sell the business as he has the desire to take a well deserved retirement. The business is well known in the local area for its fantastic quality products. They specialise in wrought iron gates, metal garden sculptures, bespoke metal interior fixtures.

The current turnover for the business is an advised £60,000 per annum. We believe this could be increased massively with some advertisement. The business currently receives a lot of trade from locals, but with a new website more potential customers will be made aware of the business. The new owner could focus the business on the hospitality sector and look to build up great contracts, creating bespoke handrails, internal metal features, gates and railings

The business has a fantastic word of mouth reputation in the local area of which they receive much of the trade.

This premise is perfect for the trade and is owned by the council allowing for a low rent. The property has a free carpark for customers and staff. We would highly advise some advertising around the industrial estate.

This is a fantastic opportunity for someone with experience in fabrications. Our client is willing to offer a hand over period allowing the buyer to get used to the business. We highly advise early viewing to avoid disappointment.

TENURE

We are advised the business is leasehold

New lease to be negotiated.

HOURS

The business opens:-

Monday-Friday: 9am - 5pm
Saturday: Closed
Sunday: Closed

Extra hours depending on orders.

STAFF

The business is run and managed by the owner.

FINANCIAL PROFILE

The business reports a turnover of £60,000 per annum.
Clark's Fabrications is located in Deal, Kent.

The business is located on an industrial estate behind a residential area. There are several businesses such as, Jewson's and a timber merchants. Deal is a former fishing and mining town due to its great connections. This sea side resort attracts a lot of tourists to the area, with its beautiful pebbled beach. The business is just a short drive from the town centre which is very busy and attracts a high amount of footfall.

The business is located just off Western Road which runs on to the A258 the roads links on through to central Dover. There are several bus stops on the main road which is within easy walking distance. The closest train station is just a short walk from the business.
The premise is a reasonable size and comes fully fitted. Above the door at the front of the property is a large sign. The property is well secured with a steel door.

There is a great amount of equipment worth around £30,000 new.

Equipment included in the sale is as follows-
1 x DC welding plant ( 276 amps output )
1 x high frequency welding plants ( 240 volts)
1x MIG welding plant ( 240 volt)
1 x cut off machine (240 ml)
1 x large pedestal grinder ( 3 phase )
1 x pipe threading machine (110 volt)
1 x small pedestal grinder (3 phase )
1 x plasma cutting machine ( 3 phase )
1 x Colchester lathe (1600 mm long)
1 x 2 tonne lifting frame
1 x fume extractor
1 x drill press
1 x magnetic drill ( 110 volt)
1 x hand operated bearing press
1 large work bench (3 m x 8 m)
1 x smaller work bench (4 m x 900 mm)
1 x Hydraulic pipe bender
2 x pallet trucks
Row of bar shelving
Lighting equipment