Property Information
Address:
Leeds, West Yorkshire
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH489032
Property Ref/Agent: 2691-specialist-general-metal-work-company-with-website
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe are delighted to welcome to the market C & I Threading.
This company offers service in all aspects of general metal work, cutting and chamfering, drilling, turning, milling, welding, grinding, plating and galvanising. They make specialist and none specialist fasteners, supply all threads from 6-48mm and a cutting and chamfering service, for free issue or supplied thread bar. They supply fasteners which include bolts, nuts, screws and washers.
The business also has an in house machine shop and can work to customer's specification or drawing and make obsolete machine parts.
The business was established in 1995 by our client, and is now being offered to the market due to a well-deserved retirement. The business has generated an advised turnover of around 125,828 per annum with a high gross profit of 73%.
There is a tremendous amount of scope for further development, as the business is currently run at a pace to suit our client. The business does have a great website which could be developed. There is also room to implement a marketing strategy to develop the customer base.
The business comes with fantastic loyal customers and plenty repeat trade. The rent for the business is low at around 6,000 per annum. This is a perfect opportunity for a new owner looking for a highly profitable business with low overhead costs. Our client is also prepared to stay on at the business during the transition period.
This opportunity should not be missed and we highly recommend an early viewing for such a fantastic business.TENUREWe are advised that the business is Leasehold
Informal rental agreement, can be discussed.HOURSBusiness opening times-
Monday-Friday: 7:30am-5pm
Saturday: 7:30am-12pm
Sunday: ClosedSTAFFThe business is run and managed by our client with the help of 1 full time member of staff.FINANCIAL PROFILEWe are advised the turnover for the business is around 125,828 per annum
With a gross profit of 73%
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