Financial Details
Asking price: £135,000
Sales revenue: £165,822
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed

  • Photograph of this business for sale
  • Photograph of this business for sale
  • Photograph of this business for sale

Business Description
HISTORY

• Business established by the vendor in 1990 incorporating former engineering company on site
• Founded as a specialist business offering service and support to the shot blasting industry
• Knowledge bank and customer base developed
• Reputation for integrity and quality
• Stock inventory built up over many years
• Website introduced

REASON FOR SALE

• Retirement, although the vendor would be happy to assist with a handover in the short term

PRODUCTS AND SERVICES

• Refurbishment of airless rotary barrel shot blasting machines, with knowledge of both independent door and sub door machinery
• Supply of service items for machines, often off the shelf
• Abrasives
• Dust extraction equipment to protect both staff and the environment
• Fabrication of variety of parts undertaken in house
• Maintenance contracts
• Service and repair call outs
• Powder coating work and shot blasting to the trade undertaken in house to customer specification

CUSTOMERS

• Approximately 60 customers on the books mainly engineering and shot blasting companies
• Range from small independent concerns through to “blue chip” clients and located throughout the UK
• Repeat custom with clients valuing expert advice

SUPPLIERS

• Range of industry contacts providing consumables and raw materials

EQUIPMENT

• 2 Cintimatic numerical control vertical machining centres
• Tape writer for Cintimatic
• Startright vertical band saw with blade welder
• Dean Smith & Grace surfacing lathe
• Ward capstan lathe
• Cinncinnatti vertical milling machine with digital readout
• Askwith radial arm drill
• Pedestal drill
• Grinder (9 inch)
• MIG welder
• Stick welders x 2
• Paint spraying equipment with compressor
• Table shot blasting machine
• 39“ twin rotary table shot blasting machine with dust extraction
• TCM diesel Fork lift truck approximately 1200 hours
• Hydrovane compressor
• Rotary shot blast machine with dust extraction
• Hand shear
• Sundry jigs and fixtures
• Quantity of hand tools
• Peugeot Partner van 2010 approximately 20,000 miles
• Racking and shelving appropriate to trade
• Quantity of specialist shot blasting

STRENGTHS

• Business well known within the industry
• Specialist niche market place, with limited competition
• Loyal and repeat customer base including prestigious blue chip clients
• Various income streams into the business
• Low overheads

Energy Performance Rating: D


DISCLAIMER: Viewing is essential to fully appreciate this business and is strictly by appointment only through the agents. All negotiations must be conducted through Advent Business Sales. Properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.
These particulars are provided as a general outline only for the guidance of intended purchasers or lessees and do not constitute all or part of an offer or contract.
All information supplied via Advent is based upon information supplied by the Vendor who has warranted to Advent that all of the information is accurate. Nevertheless, details are given without responsibility by Advent Business Sales Ltd for any or all descriptions, dimensions and reference to condition or value. Intending purchasers should not rely on these details as statements or representations of fact but must satisfy themselves of their accuracy by inspection, by independent advice and/or other appropriate means.
No person representing Advent Business Sales Ltd has any authority to make or give any representations or warranty whatsoever in relation to this or any other property.
General Information
Employees:• Run by vendor • Part time assistance from various family members
Trading hours:• Office hours during the week • Occasional requirement for weekend work as customer demands dictate
Relocatable: This business can be relocated.
Location:• Trading from industrial estate in West Yorkshire with other complementary businesses
• To be relocated to suitable premises, although lease may be available if required
• Within the heart of a traditional engineering community
• Good communication links and access to motorway network
Premises Details:(None of the fixtures and fittings have been checked or tested and a potential purchaser should make their own checks regarding existence and condition).

• Factory unit, with workshop facility, storage and yard
• The vendor owns the freehold and it is anticipated the buyer will relocate the business, although a lease may be available if required
Energy Performance Rating: D
Energy Performance Certificate:

Expansion potential:• Business development activity has been relatively limited with business run at a pace to suit lifestyle of vendor • Good starting point for an experienced engineer seeking own business • Opportunities to explore additional niche markets • Could be an ideal “bolt on” for shot blasting or engineering company

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