Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Sold. Acquisition Opportunity - Steel Fabrication Engineering Company

LISTING DETAILS
Firms For Sale ID:
34855
Vendor reference:
F4S2008V2
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£1,400,000
Furniture, fixtures and fittings included.
Turnover / revenue:
£2,900,000
Net profit / cashflow:
£499,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This established company specialises in the fabrication and installation of steel structures, working as a specialist sub-contractor of structural steelwork and architectural metalwork for the Construction industry and as a manufacturer of its own range of structural products for the Emergency Services, particularly the Fire and Rescue Service. For both sectors, the company offers a full service, from design drawings to installation/erection.
The Company is the recognised market leader in the supply of training structures to the Emergency Services sector. In addition the Company has consistently provided high quality Structural Steel and Architectural Metalwork to both major construction groups and small independent developers
We will be seeking to close off the initial round of interest on 28th February 2018 and can advise that our client is looking for offers in excess of ÂŁ1.4M.
Highlights
• Market leading position for the design, construction and supply of fire training buildings
• Large freehold premises and fabrication facility
• In-house drawing capability using Auto-Cad and Tekla software
• 90%+ percentage of repeat business
• Established relationships with major construction groups
• In-house facility for “finishing”
• Strong and experienced management team
• Multi-skilled, long serving workforce
• Significant opportunities for growth
Financials
• Turnover 2017 - £2.9M
• Gross Profit 2017 - £1.05M
• Adj EBITDA 2017 - £500K