Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Sold. Industrial Fencing (steel &timber) & Automated Gate Manufacturing & Installation Company

LISTING DETAILS
Firms For Sale ID:
35151
Vendor reference:
GE090
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£425,000  
Turnover / revenue:
£2,375,000
Net profit / cashflow:
Undisclosed
Number of employees:
15
Employees / staffing:
As well as the owner who looks after the running of the company there is a manager plus an office administrator. There are three production staff and ten fence erectors in total.

OTHER DETAILS
Reason for selling:
Personal reasons. Vendor wishes to spend more time with family
Support and training:
The owners would be happy to help with a smooth transfer of the company in any way possible to help the new owners if so required.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Location: South Yorkshire

Leasehold

Asking price: £425,000

Asking price includes:
Turnover circa £2.375 Million pa.
EBITDA circa £440,000 (prior to director drawings)
Net Assets circa £30,000
Excellent modern leasehold location
Well established business
Work in progress
Excellent database of regular repeat clients
All machinery and equipment
Team of experienced production staff and fence erectors
Knowledge and know how
Option to retain founder for period of time
Huge growth potential
Goodwill
Website

Expansion Potential
This is an outstanding opportunity to build on the effort and investment that has been put into this company and take advantage of the growth in the perimeter fencing and automated gate industry. With strong demand forecast for their services over the coming years the company are primed to increase turnover and profits. New owners with fresh ideas and enthusiasm will be able to take advantage of the opportunities available.

The owner has been happy with the amount of business coming in to the company over the past twelve months but believes that the business could easily double if new avenues of opportunity were explored including, water board & gas board business plus perimeter prison fencing as well as sports fencing This is in addition to the relatively new automated gate sector which is showing strong demand at present.

The company would benefit from marketing its services more proactively. There is no advertising or marketing budget within the business. All work comes from word of mouth recommendations and referrals.