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Asking Price
£500,000
Description
This is a well located and profitable niche manufacturer of security roller shutter doors.
The company was established by our client some 2 years ago and is only now being reluctantly offered for sale as he is planning to emigrate.
The business achieves an excellent turnover of approximately £250,000 per annum with an above industry average gross profit of 70% and net profits of approximately £45,000.
It is fully equipped for purpose and its plant includes:
- 2 M cut guillotine
- Folding machine
- Lath producing concave rolling mill
- Radial grill
- T' reg Ford Transit van
- Lansing Bagnall 1 tonne fork lift truck
- Various work benches and hand tools.
Our client is prepared to work with a new purchaser for a period of time to ensure a smooth hand over and introduction to existing customers and suppliers.
Stock at cost is approximately £70,000 and is included in the sale price.
All work received has been as the result of personal recommendation and word of mouth as he does no advertising of any kind.
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