Advert Ref: U.07.20.350.PD

Specialists In Powder Coating And Spraying FOR SALE

  • Poole, Dorset
Asking price:
£350,000
Sales revenue:
£504,470
Net profit:
Undisclosed


Confidential Sale-Viewings strictly by appointment only. The company has been established over 35 years, offering Powder Coating and Wet Spraying services, it has worked hard to build up an excellent reputation by consistently providing an extremely high standard of work and providing a quick turnaround. It offers a full range of powder coating, wet spraying and shot blasting. Ninety percent of the trade comes by word of mouth and repeat business from regular local customers. The company has invested heavily in the latest technology and environmentally friendly equipment which provides an excellent finish to the client's products. The business is able to spray the smallest to the largest items up to 4 metres and in any colour. Key to the continued success of the business is the knowledgeable staff and workforce. The company has 70 established and loyal customers with four additional customers added this year. It has excellent relationships with all the major suppliers of paint and powder coat in both the UK and Switzerland with payment terms of 30 and 45 days.

Property:
Leasehold
Lease terms:
We are advised that the premises operate on a rolling arrangement The current rent is £1,245 pcm for factory A and £537.50 for factory B Business rates are as follows. Factory A £6,629 P/A and Factory B £3,486 P/A
Location:
The business trades from two adjoining factories in Poole, Dorset and has been with the same Landlord since its inception in 1986.

Reasons for selling:
Retirement
Years established:
35

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed
Relocatable:
This business can be relocated.

If you are interested in finding out more about this business for sale, click on the button below.