Total of 18659 firms and businesses for sale today Monday 13th May 2024
Time to Sell or Time to Buy !

Sold. Engineering Manufacturer Of Traditional Fireside Accessories

LISTING DETAILS
Firms For Sale ID:
8053
Vendor reference:
IH027
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£85,000  
Turnover / revenue:
£110,000
Net profit / cashflow:
£23,000
Years established:
8
Trading hours:
Monday – Friday: 8.00am – 5.00pm
Number of employees:
3

OTHER DETAILS
Reason for selling:
The owner now seeks a change of lifestyle.
Support and training:
Full support and any necessary training will be provided during handover as part of a successful sale package.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Tenure is by way of a 12 month rolling rental agreement, with 6 month breaks. Annual rental is circa £7,200, with rates coming in of circa £1,100 per annum.
 
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BUSINESS DESCRIPTION
Engineering Manufacturer of Traditional Fireside Accessories

Ref.IH027
Location Birmingham, West Midlands
Asking Price £ 85,000

Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.

This business was established in 2002 by its principal, whose generic experience in this industry sector stretches back some 20+ years. The company manufactures by engineering processes, a range of high quality traditional fireside accessories which are sold to the retail market either through wholesalers or via the internet, with products being bought in countries across the world.

As these products have now established themselves a brand identity and routes to market that could easily be expanded, this turn key opportunity will appeal to existing engineering company’s who could bolt this business on to their existing range of activities, as factory space required for the manufacturing process would only require circa 1,000 square feet. This would have the double edged benefit of economies of scale and extra lines of revenue.

The business could therefore be uplifted and placed alongside the activities of an engineering factory which is perhaps running under capacity, and with space to house this attractive bolt-on. It would also benefit a person/family with experience in this sector, looking for an income stream which can only grow with further application to marketing.

The owner of the business now seeks a change of lifestyle, and has decided to place the business for sale at an attractive price to encourage a smooth and uncomplicated sale