Well-Known and Reputable Steel Fabrication Operator in West Yorkshire

Wakefield, Leeds
REF: S09095

Asking Price:
£50,000
Annual Turnover:
£52,066
Annual Net Profit:
£21,244
REF: S09095

Overview

Tenure:
Leasehold
Established:
2002
  • Excellent reputation
  • Loyal customer base
  • Spacious premises
  • Low overhead costs
  • Secure contracts in place

This is an exciting opportunity to acquire a well-known and reputable steel fabrication operator, which is based in Wakefield, West Yorkshire. Originally established in 2002, this long-standing company has grown steadily since its creation and has gained an excellent reputation and loyal customer base in the sector.

Over their 20 years of trading, the company has found custom from repeat trade and recommendations, due to the high quality and excellent workmanship of the business. There is huge scope to attract further customers by investing in advertising, which is something the company hasn’t explored yet.

The company prioritise manufacturing, supplying, and installing the very best quality guardrails, bollards, height barriers, handrails, signs, fencing, and steps for their customers. They also design and manufacture street furniture to customer specifications.

The majority of their work is to supply and install various pieces of street furniture and steel fabrications to Wakefield Metropolitan District Council, working with the highways, education, housing, car parking, and right of way departments. They also work with a variety of other customers, including local parish councils and private companies. With low overhead costs and secure contracts in place with the local authority, this business will be perfect for an operator in the sector.

The spacious premises are located in Ryhill industrial estate in Wakefield, with on-site car parking and proximity to other local businesses. The business currently operates from two units, which are leased from Wakefield Metropolitan District Council at a cost of £3,000 per annum per unit. The lease contract for both units is set to expire at the end of this year, so will need to be renegotiated.

This would be the ideal opportunity for an operator in the sector, who is looking to add to their current portfolio.

There is huge potential for growth with this business, as the company currently has a very limited online presence. Developing an online presence, setting up several social media channels, and expanding on advertising efforts could be great ways attract more trade. Expanding the product range could also be beneficial.

Loading...
  • On-site car parking
  • Close to local businesses
  • Industrial estate location
Rent
£6,000
Rates
£0
Lease Term
3
Lease Expiry
2023
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
TBC

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

Refine

Miles
£
£
£
£
Timed popup