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Thu, Oct 17 2019 08:16:38 PM  |  /

Double Glazing Supply & Installation of Commercial Domestic PVCu & Aluminium Windows

Business Id:000350     |    Reference: GK285
Leasehold Price:
£1,300,000.00
Business Description

Accredited Double Glazing Company
Supply & Installation of Commercial and Domestic PVCu & Aluminium Windows, Doors & Conservatories plus Property Maintenance Company
Available as one, with 80% Combined Commercial Activity
Ref. GK285
Location : Dorset
Asking Price : £1,300,000

From modest beginnings in 1992, fitting roofline products to domestic properties the company has gained a reputation for high quality installation at competitive prices. This ethos has carried forward into the installation of doors, windows and conservatories. In 1996 the company was awarded its first commercial contract, a side of the business that has grown considerably over the years. The company’s activities now extends across the South of England fitting doors, windows and roofline products for Housing Associations, Hospital Trusts, Schools, Local Authorities and the Ministry of Defence. In 2001 the company introduced a response repair service for existing contract customers, comprising of uPVC and aluminium window & door repairs, replacement glass and sealed units as well as garage door repairs.

With a heritage in the manufacturing sector and understanding what can and can’t be done, the right solution is provided for every client – whether that be a single replacement unit, or fulfilling the requirements of an entire property with a much higher order value. The strengths of this company include its expansive product knowledge and its technical expertise. Bespoke products are manufactured to the client’s specification with an assurance of getting exactly what is needed. Installation is undertaken by directly employed, qualified and highly experienced fitting teams, which has also helped to create a strong trading base.

Equipment:

The business utilises leading Sage accounting software to run the administrative functions of the business and also uses a bespoke database management tool for all customer and client details.

The company s most important asset are their clients, who appreciate the prompt, friendly service, reliability, convenient hours, and reasonable and competitive prices. Providing a quality product, service and expertise the business represents excellent value, based on advice, honesty and integrity.

• Honesty and Integrity
• Professional Management team and staff
• Reputation and detail
• Top quality products supplied and installed to the highest level
• Complete turnkey operation
Key Opportunities:

Another avenue would be to diverse into facilities management and other complimentary services and possibly employing road sales representatives to travel and gain business from further afield.

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.

Combined Gross Profit c. £1,100,000 per annum
Combined Net Asset Value c.£1,000,000

The Asking Price of £1,300,000 is for 100% of the issued capital of the company, assuming Net Assets of circa £1,000,000 on completion (calculated on a zero cash-zero debt basis). The final selling price will have a £1 for £1 adjustment for any rise or fall in this benchmark circa Net Asset figure of £1,000,000 at completion.

Marketing is undertaken in local papers and the regional lifestyle magazine along with manufacturer’s brochures to highlight the products available.

Premises:

The first premises are circa 3,750 sq. ft. They comprise of storage plus an office and have kitchen and toilet facilities. This building is covered by CCTV. There are secure shutters and the building is alarmed.

Premises 2:

Mains services are connected with Gas, Electricity and Broadband.

Monday – Friday: 7.00am – 6.00 pm

The owners run the business ably supported by a 25 x full time staff including an
Total Employees are as follows

11 x Office administrators and managers
Support and Training:

Reason for Sale:

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

 

Business Information
Turnover:£3,900,000.00 Annually
Profit:£434,000.00 Annually
Property Status:   Leasehold
Is this business relocatable: No
Business Sector: Window and Conservatory retailers, Building Services, Glaziers, Home & Garden Services
Statistic Information
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