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Business For Sale. Upvc Windows/conservatories, Porches, Doors, Fascia’s & Soffits Installations Company

LISTING DETAILS
Firms For Sale ID:
34980
Vendor reference:
GK289
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£250,000
Stock included.
Turnover / revenue:
£1,000,000
Net profit / cashflow:
Undisclosed
Years established:
20
Employees / staffing:
The director does NOT work in the business full time, he tends to work on a part time basis through choice overseeing the financial side of things. The business has put in place an excellent team who are able to manage and run the business with a minimum level of supervision. This includes internal full time office/admin/sales staff as well as a pool of self-employed sales staff, fitters and surveyors. In addition to this the company has a sub contract building team and can call upon a trusted pool of other trades as and when required to provide a full turnkey service. The business appreciates it’s staff who are a real asset. They are fully conversant with the latest products and installation techniques, not to mention health and safety and on-site legislation requirements.

OTHER DETAILS
Reason for selling:
Planning exit for early retirement.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
UPVC Windows/Conservatories, Porches, Doors, Fascia’s & Soffits Installations Company
Ref. GK289
Location : Northwest
Asking Price : OIRO £250,000

This very well respected and established business has been successfully providing its domestic clients with a comprehensive range of windows, conservatories, doors, fascia’s soffits and guttering for almost 20 years. The company provides a full design, supply and installation service to customers mainly within a 30 mile radius of its premises base and has forged a sterling reputation within the North West region, winning multiple awards over recent years for its quality of product and service delivery.

The company installs a wide range of PVCu windows, PVCu doors, doors and conservatories, not to mention all year round conservatory roofs to meet specific customer requirements. The company prides itself on providing a high quality service such is the quality of 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 strong and reliable supply relationships with its profile/glass 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 turn-key installations in terms of quality, fitting, scheduling and price.

The business has focused on the domestic market place to date but has been approached many 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 steady growth in 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 happy to pay for this business’s no nonsense yet personal approach to business.

The vendors have invested in the business and staff over time. It has in place excellent internal controls and utilises Xero accounting software that ensures the business is run effectively and profitably without the need for the vendor to be involved on a day to day basis.

The organisation is fully conversant with all current legislation and guidelines relating to health, safety and quality. The company has an excellent health and safety record.

Expansion Potential
The business currently operates on a regional scale (30 miles radius from each site) 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 could certainly scale up operations, particularly at its Lancashire site which is very much reactive at this point in time.

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 etc.

Market / Competition / Non-Competition Agreements
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 forms of marketing. The company also has an informative yet basic website.