Property Information
Address:
Stoke-on-Trent, Staffordshire
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH489299
Property Ref/Agent: 2367-metal-fabrication-business-in-stoke-on-trent-staffordshire-for-sale
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe is delighted to welcome to the market this well-established metal fabrication business in the city of Stoke-on-Trent, Staffordshire. The business was established in 1982 and has been in our client's careful ownership since 2009. Only now is the business being offered to the market due to our client's desire for a well-deserved retirement. The business operates 5 days per week and is currently run at a pace to suit our client and generates a turnover in the region of 14,000 per annum, with a gross profit of approximately 81%.
Our client specialises in building custom handcrafted equipment such as railings, gates, shutters and grills. The business has an excellent reputation within the area for the high quality of the goods and services offered, which has resulted in a loyal client base with a high volume of repeat trade. The turnover could be increased by extending the opening hours as the business is currently run at a pace to suit. A new owner could also embark on a small marketing campaign to highlight the business and the services offered. The business would also benefit from the launch of a website to promote the business. This is an excellent opportunity for a new owner to take this already well-established business to the next level; therefore early viewing must come highly recommended.TENUREWe are advised Leasehold:
Original lease length: 5 years Remaining lease length: 5 years Review every: 3 years Rent: 2,700 per annumHOURSThe business is open:
Monday - Friday: 8.30am - 5.00pm
Saturday - Sunday: ClosedSTAFFThe business is owner run and managed.FINANCIAL PROFILEThe business generates a turnover in the region of 14,000 per annum, with a gross profit of approximately 81%.
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