Sold. Garage Door And Gate Specialists – Supply Only, Supply And Install

Garage door and gate specialists – supply only, supply and install, automation, service, maintenance and repair
Ref.AL208
Location Thames Valley, Berkshire
Asking Price £ 60,000
Turner Butler has been appointed to invite offers of purchase for 100% of the Issued share capital in a business specialising in the supply and supply and install of garage doors targeted at the domestic market.
The Company has the following key attributes:
• One of the longest established, leading retailers of automated garage doors and gates within the Thames Valley area.
• Supply only and supply and install.
• Works directly with the customer with additional longstanding relationships with local builders and Architects.
• Over 20 years of successful trading.
• Excellent relationships with major manufacturers and suppliers – all makes and materials.
• Full service business – from initial survey/quotation through to complete installation.
• Member of the Association of Garage Door Specialists.
• Significant growth and expansion opportunities.
The Company provides an acquirer with:
• an ideal ‘starter’ business for anyone looking for a slightly different opportunity to enter the home improvement sector.
• an excellent ‘bolt-on’ opportunity for an existing operator.
Financial profile:
For the financial year ending October 2011, the business achieved a turnover of almost £295,000, generating a gross profit of approximately £150,000 and profits available to the Owners of the business of almost £60,000.
The Asking Price of £60,000 is for a sale of 100% of the issued share capital of the Limited company based on a Balance Sheet value in deficit of approximately £8,000.