Leasehold(Freehold Option available)
Asking price: O.I.R.O. £125,000
Asking price includes:
Turnover for current financial year circa £300,000 p.a.
Anticipated Gross Profits for current year circa £180-190,000 p.a.
Turnover for last financial year circa £214,000 p.a.
Gross Profits for last financial year circa £136,000 p.a. (64%)
All Plant & equipment
Currently enjoying large growth
Large leasehold premises circa 12,000 square feet
High profile clients (circa 30 regulars)
Specialist range of processes
Highly skilled workforce
Full turnkey solution
Training and handover
Low overheads
Website
Goodwill
Business profile:
This well established and reputable family business was set up by the vendors over 40 years ago and in that time has grown into a highly skilled and professional coatings company providing its clients with a diverse range of products and services.
The company provides a complete turnkey solution providing technical advice through to final supply.
The company supplies direct to the end user/manufacturers and their approved contractors and customers cover a wide range of market sectors. Clients include contract furniture companies, shop-fitters, horticultural services and scaffold supply companies to name just a few. Typical services this business provides include:
• Dip Coating
• Electrostatic Spraying of Thermosetting Powders (epoxy/polyester)
• Electrostatic Spraying of Thermoplastic Powders (PPA/Nylon)
These processes are all carried out in-house and typical items this business treats include canteen furniture, seating, display equipment, exterior furniture, fencing and handrails. However there are many many more applications where these processes are required.
The business has a highly skilled workforce and supplies to exacting standards. Its infrastructure is such that it can meet the most demanding customer requirements.
