Our client is an advanced steel fabrication business with over 40 years' experience manufacturing and supplying a multitude of industries with bespoke metalwork. Most operations are performed in house and include laser cutting, punching and forming, specialist welding, painting, finishing and full product assembly. The Business has capability to produce large quantity production runs as well as one off bespoke products/prototypes. Our clients' have recently secured two major contracts which will see turnover grow 50% within the next 12-18 months.
TENUREWe are advised leasehold.
HOURSAvailable upon request.
STAFFFull staffing details can be provided upon request.
FINANCIAL PROFILETurnover = £1,419,725.0
EBITDA = In the region of £211,725.00
OTHERThe Directors have been in the industry over 40 years and have decided to start planning their exit from the business and enjoy a happy retirement!
Located in Staffordshire, on a busy industrial estate, set back from a busy main road. It is ideally located close to all major motorway networks.
The business operates from a 20,000-sq. ft. industrial premises which compromises a large main reception area, 3 large electric roller shutter doors for easy loading access and two large chain operated roller shutter doors to the rear of the building. The main workshop area host a vast array of machinery. There are also 6 welding bays, one large water back spray booth, with a 3.5 metre square box oven. In addition to this there is a small mezzanine canteen for staff at the rear of the building. The premises is rented on a 10-year original term lease with circa 10 years remaining. Rental is set at 9400 per calendar month. Per its EPC the premises has a total useable floor area of 1501 m2 and an energy rating of 94D.