IT074-Speciality Metals Trading Company
Asking Price: GBP
550000
|
|
|
| Description: |
|
Speciality Metals Trading Company
Ref.IT074
Location Relocatable
Asking Price £ 550,000
This is an exceptional opportunity to purchase two associated companies which deal/trade speciality metals/alloys in all forms of raw materials to a worldwide market place.
Originally a “one man band” having traded since 1984 the company remains today owned and managed by the founder to trade in specialised metals/alloys. In 1998 he founded a second company which became a trader, stockholder and manufacturer by conversion,of speciality mill products( sheets, plates, bars, tube, rod/wire)
The company has an excellent group of contacts within its network of refineries, steel mills, alloy melting companies, overseas trading houses and other major producers of specialist alloys throughout the world. They deal in alloys such as, Cobald, Molybdenium, Nickel, Tantalum, Titanium, Tungsten in any form of raw material. Because of the use of these metals in the aerospace -,offshore-,chemical-,steel-industry as well as for the production of medical implants, sport articles etc. The prospects for this type of business are extremely positive. Due to its international connections, the company deals also in surplus stock, excessive inventory and insurance sales.
Amongst the database of regular customers/ suppliers they have both producers and end users all over the world of various metals/alloys. The skill and expertise is to match the seller to the buyer,and this is the unique proposition which the company specialises in.
The business is profitable and has a reputaion for its speed of supply, with a considerable network of transportation, very often to get products delivered half way around the world.
The secondary company deals exclusively in Titanium bars, sheets, tubes etc. which has a more universall use. Material is either sold ex-stock or bought and sold on a back to back basis. The company has a wide knowledge of suppliers/end users and of having material converted(i.e. from ingots to bars) in the UK as well as abroad. The company uses externall warehouse facilities in either the UK or Germany.
This business would be perfect for a new owner with trading and entrepeunerial skills, ideally with a background in metals as well as to an existing company trading in associated products to widen their activities/markets. |
|
|
|
| Financial Information: |
|
|
|
| Annual gross sales: (GBP) |
N/A |
|
|
Yearly Revenue: (GBP)
Total yearly sales revenue |
N/A |
|
|
Net Profit: (GBP)
Total profit before taxes |
N/A |
|
|
| General Information: |
|
|
|
| Business Area: |
N.A. |
|
|
| Year Established: |
1984 |
|
|
Is Relocatable?:
|
Yes |
|
|
| Business closed or an asset sale : |
No |
|
|
| Is Home based business?: |
Yes |
|
|
| Real estate status: |
No |
|
|
Reasons for selling:
|
The owners would like to retire and believes this would be a perfect time for someone to take the business onto the next level. |
|
|
|
|
| |
|
 |
|
 |
|
 |
Featured businesses
for sale |
|
|
| |
|
 |
|
|
|
|
