BUSINESS DESCRIPTION
Bespoke Bandsaw Specialists and Bandsaw Blade Supplier
Ref. AD040
Location : South East England
Asking Price : GBP 1,213,000
Established in the late 1980’s by the current vendor, this business is now one of the leading band saw machinery and blade suppliers in the UK. The business operates primarily as a supplier of sawing solutions for all type of industries and materials as well as a manufacturer of industrial blades. Their services include standard and custom built machinery, consumable products- blades, coolants and service, spare part and training. The business is a manufacturer of own, well known 25 years old industrial blades range and is a suppler of well-known blades range and for special applications.
Company has own bandsaw brand name and manufacturing bandsaws in Europe for last 20 years, as well as UK agent of well-established European manufactories.
The market outlook for this business is excellent. The business is well-known and has received outstanding reviews from previous clients. The business is well-branded and owns the trade mark to the brand name.
The business currently trades from freehold premises which are valued at £850-950K.
The freehold is available by separate negotiation.
Annual rent - c£75,000 (current rent payable).
Rates – £18,644.
The building is fitted with alarms and CCTV.
The current employees are:
The owner (part-time)
1x manager (owner’s wife-part-time)
1 x office manager/accountant
1x sales manager
1 x work shop and service manager
1 x skilled engineer
1 x blade welder
The business hours are currently:
Monday – Friday
0830 – 1700