Total of 18659 firms and businesses for sale today Saturday 18th May 2024
Sold. Specialist Industrial & Retail Door /roller Shutter Company Manufacture, Supply & Installati
LISTING DETAILS
Firms For Sale ID:
28797
Vendor reference:
GK221
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£450,000
Turnover / revenue:
£1,900,000
Net profit / cashflow:
Undisclosed
Years established:
1990
Trading hours:
Monday- Friday- Office and production 08:00am - 17:00pm
24/7 Call Out/Emergency
Number of employees:
21
OTHER DETAILS
Support and training:
The vendors are more than happy to provide a comprehensive handover.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Current lease is a 25 years, with 20 years remaining. Vendor advises a new lease could be made available to a new owner if required, subject to negotiation. Alternatively as the vendors own the freehold property they would consider selling the freehold to a new owner. Current freehold valuation is circa £400,000. Please note asking price excludes the freehold property.
The business could be relocated if necessary. Current rent is circa £3,000 per month.
BUSINESS DESCRIPTION
Specialist Industrial & Retail Door /Roller Shutter Company Manufacture, Supply & Installation
Ref.GK221
Location Greater Manchester
Asking Price £ 450,000
This highly respected and progressive manufacturing and installation business was set up by the vendors in the 1990s. Since then the business has established itself as a leading supplier on a national scale of high quality industrial and retail doors and roller shutters, both manual and automatic.
The company is Altius registered and is truly committed to providing its customers with the very latest technologically advanced products that are CE marked. This is done through continual product development and is demonstrated by the fact that the company can boast one of the widest range of product offerings to the market, both standard and bespoke, in a variety of different materials and finishes. Current product range includes:
Roller Shutters (manual and electric)
Window drilles and window retractable window gates
Aluminium windows and doors
Industrial Doors
Steel Fire Exit Doors
Automatic Entrance Doors
Glazing & Boarding Up
Loading Bay Equipment (inc PVC strip curtains)
The companys products are very well engineered and produced using precision Autocad drawings. Manufactured to meet exacting customer specific requirements the company also provides a comprehensive installation, commissioning and maintenance service that includes spare parts provision and emergency call out, which ensures ongoing revenue for the business. The company provides the highest service levels to customers, which is evident in the fact that the business can boast a client base of some 400 active clients, many of whom are large blue chip companies with multiple sites throughout the UK.
Expansion Potential
The company has a large production capability and could certainly accommodate a significant increase in business volumes within its current infrastructure. There are many avenues for growth available to this business not least the opening of a Southern branch to service that geographical region more effectively. The business currently sub contracts certain aspects of its services and there is no reason why these could not be brought in house should a new owner so wish. The market is strong and this trend is expected to continue in the future.
Market / Competition / Non-Competition Agreements
The business has a suite of professional marketing media that includes excellent high quality product catalogues and a highly informative website. Further exposure is gained through its various accreditations and memberships. The company enjoys high levels of repeat business, word of mouth recommendations, tender invitations and referrals.