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Building sheet timber material supplier & fabricator

Reference
S8427
Turnover
Less than £0.5m
Sector(s)
Construction
Region(s)
North East England
Added
21 January 2022

Business description

This is a rare opportunity to acquire a well-established and highly respected Sheet Material Supplier and Fabricator (Cutting).

Occupying an ideal trading position on a busy industrial estate, close to the Port of Tyne and within easy reach of the town’s major commuter routes with the Tyne tunnel and neighbouring towns and cities close at hand.

Having successfully operated in the locality since 1981, the business is well known and highly respected within the industry having an excellent reputation for quality and reliability which has resulted in an extensive and loyal client base generating regular repeat orders.

The business fabricates, cut and supplies a selection of bespoke products for a wide range of industries, such as numerous national house builders, joiners, warehousing and many small to medium size independently owned businesses.

Operating from a substantial industrial unit, which has been upgraded and well maintained providing a spacious and well organised working environment.

Comprehensively equipped with an extensive range of good quality, valuable machinery which has been well maintained including a computerised vertical panel saw, cross cutter, 1 overhead router, 1 spindle moulder, 2 compressor, a Hyster 2.50 two and a half tonne forklift truck and a 2011 seven tonne Iveco Daily 70c truck and 2015 Iveco 3.5 tonne.

 A thriving business demonstrating excellent audited profits and the current owners have massively improved the overall operation of this business in recent years, due to the vendors wish to move onto other interests, this opportunity has become available. 

The business therefore offers fantastic scope for growth and represents an ideal investment for an experienced operative within the sector who can exploit the genuine opportunity for future development.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2021 (Actual) 363 80

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