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opportunity details
Engineering | Essex | £760k Turnover
An engineering business specialising in all bespoke fabrications, including ductwork, ventilation systems and various products in stainless steel ranging from balustrades, straight and spiral staircases, balconies and canopies is for sale.
The business is located in Essex and 80% of trading activity is in the Essex and London area. There are over twenty active clients throughout the year and high levels of repeat business. Clients include subcontract work for main contractors who supply Sainsburys, Ford and John Lewis.
The business is run by a managing director, foreman fabricator, two fabricators, one welder/fitter, one improver/fitter, one driver/general hand, one office administrator and one part time administrator.
The business has come to the market as a result of the owner deciding to move to New Zealand.
Turnover for the year ending September 2008, £760k, net profit £107k. Freehold and adjacent leasehold factory optional, £450 pcm.
  
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