* Included in Asking Price
Fully Equipped Joinery Manufacturing Company (CNC)
Specialists in fine quality doors and windows
Asking Price £ 450,000
Asking price includes:
Consistent turnover circa £1.5 Million p.a.
Gross profits for last financial year circa £296,000 p.a.
Profits available to the vendor last year circa £132,000 p.a.
Significant Plant & Equipment circa £250,000(wholly owned)
Superb production facility circa 28,000 sq. ft.
Option to purchase freehold site/premises
Over 50 years successful trading
Excellent staff structure
Highly skilled workforce
This very well established company was set up more than 50 years ago by the current vendor. The company has built up an enviable reputation in the market it serves through the manufacture and installation (if required) of high quality joinery products, for both commercial and domestic clients.
The company provides a range of products, however its core business centres around the design, manufacture and supply of high quality timber windows and doors with factory glazing, to a large and diverse range of commercial customers throughout the UK. The business currently has some 70 regular customers whom it has worked with over many years, as well as many ad-hoc clients who work with the busines on a project by project basis. The business enjoys very consistent levels of trading and excellent profitability. This has enabled the vendor to continually re-invest in the business year on year, so much so that it has evolved into a fully automated design and production facility that offers customers a bespoke turnkey solution.
• Full Design & Test Service
• Site Surveys
• Full Manufacture and factory pre-finishing (either paint or stain)
• A full F.E.N.S.A. registered service
• Aluminium cladding service
Most of the work comes via referrals, repeat business and word of mouth recommendations. The business is often specified and recommended by architects and planners on a project by project basi, due to the company always working closely with the client to ensure the right designs and solutions are provided. The majority of sales are on a supply only basis although the business can provide a full installation service, if required.
The vendor has built up a superb team of key staff and a business model which ensures the business operates smoothly on a day to day basis. This means the business is not dependent on the vendor although he is prepared to invest some time in any handover. Staff are highly skilled and loyal.
The business operates from a superb purpose built manufacturing facility. The business has an extensive amount of plant and equipment (asset register available upon request) which ensures it can control all aspects of its high class production process so as to provide consistent high quality items.
The business is being marketed on a leasehold basis. However the vendor is also happy to sell the freehold should a new owner so require, subject to negotation.
|Facilities:||The business is being offered for sale on a leasehold basis, yet the vendor also owns the property, outside the Limited company, and would be happy to sell the freehold should a new owner so require, subject to negotiation. We are currently awaiting freehold valuation and will advise upon completion of our confidentiality agreement.
The business operates from a purpose built production facility that has excellent access being close to the motorway network. The site comprises circa 28,000 square feet of production space with further room for expansion if need be. The premises have been organised to maximise efficiency and ease of production and includes external covered storage areas, internal storage, production areas, cladding section, finishing and painting areas and dispatch as well as showroom and test areas, offices and large car park.
Rates are circa £8,500 p.a. A new lease would be made available to the buyer should they so wish, subject to negotiation.
The premises are modern and are a real asset of the business.|
|Competition:||The business enjoys high levels of repeat business, word of mouth recommendations, specifications and referrals, however, it could benefit from a more strategic medium/long term sales and marketing campaign. There is a very informative website although its online presence could be developed even more. There is no external sales representation.|
|Growth Potential:||The business has enjoyed consistent levels of business over the last few years from a very loyal customer base, despite tough economic trading conditions, and believes sales will improve in the future with the markets it serves, seeing increasing levels of activity. The business has spare capacity within its impressive production facility and could expand its output should a new owner so require up to circa £2.5-3 Million p.a.|
|Training/Support:||The vendor is happy to assist in a period of support and training to ensure a smooth transfer of the business to new owners to ensure continuity of trading. This should be a relatively simple process.|
|Sale Reason:||The vendor is now looking to retire and spend more time pursuing his hobbies in his property oversea|
Seller Reference #GE086
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service
before responding to any ad on our website.