Businesses For Sale > Business For Sale in County Cork, Ireland, UNITED KINGDOM - UK (UK)

ER012-County Cork, Ireland-Ł2,500,000-Freehold Steel Stockholder & Trading Company for sale in County Cork, Ireland, UK

County Cork, Ireland, UNITED KINGDOM - UK (UK)

Asking Price:	Gross:	Cash Flow:
£ 2,500,000	Undisclosed	Undisclosed

Business Summary:
Freehold Steel Stockholder & Trading Company Confidentially offered for sale Ref No: ER012 Location: County Cork, Ireland Freehold Asking Price :Ł2,500,000 Established in 1992, this business has 16 years experience in delivering specialist steel specifications and stocks an extensive range of the highest quality engineering steel products including a full range of carbon and stainless steel pipe, fittings, valves and flanges, stainless steel sheet and plateplus the full range of mild steel including angles, flats, rounds, RHS, IPE section & plate, u-column and u-beam plus galvanised pipe fittings, grating & flat sheet. The business is a major supplier to the following industries: Pharmaceutical, Dairy, Brewing, Refridgeration and Petrochemical. The business has grown significantly in the past few years and has developed a fantastic name brand with the levels of stocks being maintained, even in the most competitive of conditions. The reputation of the company has been built by the current owner, and the teams expertise supported by in-house technology. Specialists on Non Standard Items across the range of Products made to order, the business aims to provide an excellent service to customers through a high-quality, extensive range of products and expert advice, drawing on the experience and technical expertise of the company and on its vast knowledge and expertise of the steel industry. Customers can benefit from experienced sales personnel staff who are always on hand to help, whatever the need.

Facilities / Terms of Lease: The business is situated in a central location on an industrial estate in a modern and progessive town. The warehouse is circa 7,000 sq ft with trade counter facilities. The premises comprise a brick built structure of steel portal frame construction, currently arranged as ground floor warehouse of circa 7,000 sq ft with trade counter facilities, staff kitchen and toilet. . To the front of the accommodation there is a roller shutter door and a personal entrance door into an office and a forecourt with ample parking. The premises are freehold and included in the price of the sale

Potential Growth/Expansion: There is considerable scope for growth with clearly identified means to achieve this with more capital injection, extending the premises and undertaking more marketing. The founding directors believe this is best achieved with the impetus and resources available under new ownership, and is now looking for a new owner with the capability to allow the business to excel and reach its full potential. The business turnover continues to grow and the forecast is for another year of increased growth. There is potential for growth within the current structure, by continuing to build on the principles laid down by the management team. The current owner suggests that recruitment of further staff would encourage future sales growth

Competition: The business has relied solely on its well respected name and word of mouth recommendation and found no requirement for advertising, apart from the company website which provides details regarding capabilities and products provided.

Owner willing to train: The owner would be happy to provide support and training to help with a smooth transition of the business.

Reason for selling: The vendor now celebrates an established and loyal customer base, with tremendous opportunities for substantial further expansion. He now considers that the time is right for more investment to bring this business up to its next operating level.

Seller Reference Number: ER012
BusinessMart.com Listing Number: 42916

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For more info contact:

Andrew Hudson
Turner Butler
0044 1895 25 60

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