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BUSINESS REFERENCE : GB065 / RightBiz CONSERVATORY AND HOME IMPROVEMENTS COMPANY | | | | | | Conservatory and Home Improvements Company Confidentially offered for sale Ref No: GB065 Location: Midlands Asking Price £120,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Home Accessories & Furniture Shops | | SALE: | Agent Sale | LEASEHOLD: | £120000 | | | | | | | | | | | BUSINESS DETAILS: | This company was established in 2001 and has established itself as a well respected business which designs, manufactures, supplies and installs UVPC conservatories, windows, doors, rooflines, soffits,facias, guttering and flat roofs to the retail market. All frames are manufactured in house. This guarantees delivery on time every time and the business usually operates a three to four week order to delivery cycle. The business services the requirements of customers rights across the Midlands and much of its work comes from referrals from satisfied clients. Eighty percent of its production is allocated to replacement windows with the conservatory market taking up a significant part of the remaining twenty percent.
Customer Service:
The business works with the County Council and Metropolitan Borough Council and a number of private schools. There is also a large database of over three thousand customers whose installations are backed by an independent ten year guarantee. The business is FENSA registered and carries a ten year installation warranty. The sales operation uses specialist CAD software to help them design the conservatories. Clients are supplied with detailed plans which are discussed in depth with the surveyor. All ground works are outsourced to a local builder , The net result is a high level of recommendations and repeat business.
Key Strengths:
Well established with a strong reputation
Hands on management
Close knit team
Highly professional approach
Quality product
Key Opportunities:
The company has a large and untapped database of clients who could all be re marketed with additional products such as UVPC decking, garage doors, paving, burglar alarms and the fast growing spa tubs and sauna market.
At present there is no re marketing activity
Employees:
The team consists of One director, One company secretary, One fabricator, Two fitters
Advertising and Marketing:
The company is actively involved in marketing its products. It advertises on the local press, yellow pages and has its own web site. It is also buys quality leads from approved marketing bodies.
Premises:
The business trades from a leasehold site covering approximately two thousand four hundred and fifty square feet. These consist of two offices, stores and manufacture, reception and adequate parking. The property is owned by the local council and charged at a monthly rental of £1500:00. The industrial site benefits from regular patrols and the offices have a comprehensive CCTV system.
Financial Information:
Al financial information will be made available under the auspices of Turner Butler and subject to signed letters of confidentiality.
Turnover has remained stable at an annual figure in the region of £300,000 with profit before taxation being circa 50%. The business is profitable. And has net assets of around £45,000
Reason for Sale:
The managing director has enjoyed a successful career in the home improvements market and would like to see his company driven forward by a new and aggressive management team.
Support and Training
There will be a full and professional handover for a period to be agreed as part of the overall negotiations. | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | GB065 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
