Listing: Leading manufacturer of balustrades, steel handrails and staircase structures

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£215,000
£215,000
£215,000
£215,000
£215,000
£215,000
£215,000
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Leeds|Construction

Leading manufacturer of balustrades, steel handrails and staircase structures

We are pleased to present for sale a business which designs and manufactures  balustrades, steel hand rails, stair case structures along with other architectural metal work and furniture.

The business enjoys an excellent name in the industry and is well known for producing  an excellent quality product underpinned by an efficient friendly service. With a trading history of over 20 years having established in 1996, the business has worked hard to build its reputation in the industry, and typically works for large construction companies on a wide range of projects the length and breadth of the United Kingdom.

The company operates with a small and effective team of 6 employees (including the proprietor), which is divided into 3 employees who work on the shop floor;  2 (including one proprietor) who undertake surveys, CAD design, and generally oversee the process from enquiry stage through to design, manufacturer and delivery; and 1 employee dealing with general financial administration.

The business operates through a limited liability company which is owned by two shareholders. Only one shareholder is actively involved in the business, and the sale comes about as a result of their wish to retire.

The business could operate independently of the proprietors but equally would represent an excellent ‘bolt on’ for a business with related products and services.

The average turnover over the last 3 years is £473,952. Detailed financial information available on request.

The Company owns and operates from two purpose built properties based near to the M62 corridor outside Leeds. The properties are superbly located for the motorway networks and offer a bespoke professional facility for the company’s activities and are available to purchase or lease.

Opening Hours Normal business hours
Employee Count 6
Premises Freehold
Potential For Expansion Yes

Sales Terms

We envisage a business and asset sale, and value the goodwill at £115,000 and the fixed plant and machinery and general assets at £100,000.  The properties are marketed separately for an asking price of  £300,000 (unit 14) and £310,000 (unit 16) or at a rental value to be agreed.

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