* Included in Asking Price
PVCu Windows/Conservatories & Door Manufacturing and Installations Company
Location : South East
Asking Price: OIRO £325,000
Asking price includes:
Typical Turnover circa £1.5 Million p.a.
Typical Operating Profits/EBITDA (pre-director drawings) circa £100,000+ p.a.
Net Tangible Assets circa £70,000 (inc. stock, vehicles, plant, equipment)
Trading Standards Approved/GGF/FENSA
High profile modern leasehold premises
Over 25 years successful trading
Ran under management
Impressive referral rates
Top quality supply partners
Handover and training
This very well respected and established business has been successfully providing its domestic clients with a comprehensive range of windows, conservatories and doors for 25 years. The company provides a full design, manufacture, supply and installation service to customers mainly within a 40 mile radius of its premises base and has forged a sterling reputation within the region.
The company manufactures and installs a wide range of PVCu windows, PVCu doors, composite doors and conservatories to meet specific customer and requirements. The company prides itself on providing a high quality service such is the quality of its manufacture and installation. This commitment to quality is backed up by numerous accreditations and endorsements, not to mention client testimonials and excellent referrals.
The company has established supply relationships with its profile suppliers and has excellent knowledge of the market. It has a superb team of experienced staff from the top down with strong levels of in-house expertise to provide first class installations in terms of quality, fitting, scheduling and price.
The business has focused on the domestic market place to date but has been approached by commercial companies looking to utilise their services. To date the vendors have chosen not to pursue opportunities in this sector.
The business has enjoyed consistent sales and profitability over the last few years despite the difficult economic climate and this trend is expected to continue/increase moving forward. Margins are increasing as customers are happier to pay higher premiums for this business’s services.
|Facilities:||The business operates from ideal long leasehold premises. Premises are modern and comprise factory, showroom, offices, kitchen and toilets circa 4000 square feet.|
|Competition:||The business enjoys high levels of repeat business, word of mouth recommendations and referrals from happy historical customers. It carries out local advertising together with other proactive forms of marketing. The company also has an excellent website and suite of brochures.|
|Growth Potential:||The business currently operates on a regional scale (40 miles radius) but there is no reason why it cannot further develop its presence in the region and beyond should a new owner so require. The business has previously into London on request and enjoyed good success there. There is no reason why a new owner could not revisit this.
There is always a strong demand from domestic customers for this company’s superior service levels. There are also good opportunities to branch out into the commercial sector should a new owner so wish. The housing sector is strong at present and the trend is expected to continue with many private organisations and public sector bodies looking to develop and refurbish its housing stock due to increasing legislation and higher expectations. This business is ideally positioned to service this need moving forward as it already has the accreditations and approvals in place and could be scaled up to exploit the many opportunities at its disposal.
The company could also further develop its product offering into hardwood, aluminium, fascia, soffits etc., these are areas it currently operates in but at a very low level.|
|Training/Support:||The vendors are happy to provide a comprehensive handover to ensure a smooth seamless transition. This should be a relatively simple handover as the business already has senior staff in place and the directors have no day to day involvement in the business.|
|Sale Reason:||Planning exit for retirement.|
Seller Reference #GE093
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