Specialist Non-ferrous Sand Casting Foundry for Sale
London
Leasehold : £ 295,000
The business operates from Leasehold premises of approx. 6,000 sq. ft. The workshop is on the ground floor with offices and a store room located on the first floor.
Specialist Non-Ferrous Sand Casting Foundry
Ref. IS050
Location : West London
Asking Price : £295,000
This well-established business has been successfully trading since the 50’s with the current shareholders at the helm for the majority of that time. Their combined knowledge, expertise and experience helped win and retain a loyal following of customers and attract the right caliber of staff to carry the company’s good name. The company is now very well positioned as a well-respected Foundry serving many sectors, including Automotive, TV and Film, bespoke decorative pieces and specialist small to medium volume castings. The customer base is loyal, such is the reputation this business has secured as being flexible and able to overcome challenges and solve problems.
The business is well established and easy to run with no bad debts and a good cash flow. There is continual work in progress with good growth over the past few years. This is an excellent opportunity for new owners to take over the existing business and obtain their database of regular repeat high profile clients, which the company has secured.
The business would certainly benefit from a new injection of energy and business acumen to maximise the many opportunities at its disposal. Through choice, the vendors have been selective about the volume of work they have taken on over the last few years.
The Foundry specializes in Aluminium Alloys and Bronze Alloys and the business aims to provide high quality castings regardless of quantity or complexity.
Staffing:
The business employs 2 of the shareholders as Directors in the company, one looks after the office whilst the other manages operations. In addition, there are 7 full-time staff members fulfilling a variety of roles including Fettler, Moulder and Labourer.
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Tenure:
The current lease still has c. 5years to run and the current rent is approx. £54,000 pa.
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