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Wed, May 22 2024 10:41:18 AM  |  /

Glazing Company Manufacture, Supply & Installation

Business Id:000347     |    Reference: GK274
Leasehold Price:
Business Description

Glazing Company Manufacture,Supply & Installation 
Ref. GK274
Location : London
Asking Price : £500,000

This professional company complies with all the current British Safety Standards and is a member of Fenestration Self-Assessment (FENSA), NFG and Construction Line.

Operating for over thirty five years the business has worked very hard at establishing itself as a brand within its local marketplace. It is particularly associated with providing high levels of workmanship at a competitive price, but above all, for its reliability and responsiveness to the requirements of its customers.

This business has grown from strength to strength and built a fantastic reputation for competitive pricing and efficiency. This established service, quality and flexibility have been a key factor for success, which has gained a great deal of repeat business from established clients.

The business provides an acquirer with:

• A potential ‘starter’ business opportunity for an organisation or an individual looking to establish themselves in the double-glazing sector.

Customer feedback is excellent, the company is all about offering first class customer service and customer care. The business has a strong emphasis on service and always exceeds client expectations due to their professional service, giving the business a definitive competitive advantage.

• Well-known brand with excellent long-standing reputation for reliability, professionalism and competitiveness
• Large database of varied blue chip clients
• Knowledgeable and experienced workforce
• Well managed business

The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Gross profit c.£274,666
Tangible Asset and Stock value c£183,000

The Asking Price of £500,000 is for the assets and goodwill of the business (inc. SAV, plant and machinery).

PLEASE NOTE: The Company does not manufacture PVCU windows.

No advertising or marketing is undertaken all enquiries are by word of mouth and through contruction line. The business has an immense opportunity to build on its reputation and implement further and more assertive methods of advertising to expose the business to even greater markets. There is a company website to attract interest from Internet searches.

The UK double-glazing sales and installations sector is highly fragmented with smaller companies, competing alongside very large national operators. Having been established for over thirty five years this business is perhaps better placed than most to withstand the competition there undoubtedly exists within its sector.

Currently no advertising is undertaken and business is gained via word of mouth reputation and construction line.

The business operates from leasehold premises that are on a rolling lease and are based in East London. Ideally located there are two individual units both circa 4,600 sq. ft.

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Business Information
Turnover:£660,806.00 Annually
Property Status:   Leasehold
Leasehold Term: The annual rent is £52,000 with rates of £20,000.
Is this business relocatable: No
Business Sector: Building Services, Glaziers
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