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BUSINESS REFERENCE : IK151 / RightBiz WEST SCOTLAND - £550,000 - WELL ESTABLISHED MANUFACTURER AND RETAILER OF WINDOW BLINDS WITH FREEHOLD FACTORY UNIT | | | | | | Well established manufacturer and retailer of window blinds with freehold factory unit Confidentially offered for sale Ref No: IK151 Location: West Scotland Asking price £550,000 Turnover circa £320,000 Gross Profit circa 65% Net profits circa £100,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Home & Garden Services | | SALE: | Agent Sale | FREEHOLD: | £550000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This well established and thriving business has fifteen years of experience in the window blind manufacture and supply market.
Operating from a superb well-appointed freehold factory unit of some 4,600 sq.ft., this specialist business offers exclusive fabrics, with a most comprehensive list of products and services.
This busines offers the full range of window blinds and shutters, including Roman Blinds, Roller Blinds, Conservatory Blinds, Panel Blinds, Plantation Shutters, Pleated Blinds, Perfect Fit Blinds, Venetian Blinds and Vertical Blinds.
With a professional, modern image the business has built up an excellent reputation for quality innovative design, and has one of the most extensive ranges of distinctive fine fabrics and blinds in the area. The business has established a client base of loyal customers who come back time and time again and are happy to recommend the business services.
The operation is very efficiently run offering customers an excellent service from home visits right throught to the final installation. The company has a regular prescence at Homes and Exteriors Exhibitions and this provides an excellent addition to the revenue from the client base. Because the business also manufactures the blinds, as well as supply and install, the gross profit margins regularly exceed 60% which equates to net profits of circa £100,000.
Key Strengths:
The company strength is founded on its consistence of retaining a high level of repeat business, and being able to offer individually designed shutter and blind solutions. Its dedicated workforce of trained and qualified staff also encourages client confidence, while achieving a long-term relationship of loyalty and trust between buyer and retailer. The company is proud of its excellent reputation and dedicated customer care, which are a result of the company’s skilled committed staff, and quality control over its products and services.
Growth and Expansion:
There are many further areas in which the business could expand. An increase in business could be obtained by employing sales representatives or agents. A sales force would have a fantastic opportunity to obtain new business by direct interaction with potential clients.
Key Opportunities:
This firm maintains an extensive base of satisfied clientele, who appreciate and expect superior service. There are many excellent avenues for growth, especially within the soft furnishings market. This would be achieved with additional staffing and further promotion within the appropriate market sectors. With a strong demand for services and capacity to increase turnover, a new owner would contribute fresh ideas and outside influence to build on an excellent base.
Employees:
The business is operated by the current vendors, with additional support from 2 full time and 2 part time staff.
Advertising and Marketing:
Yellow pages, Yell.com and the finest form of marketing, word of mouth recommendation are used to advertise and market this business. The business also has a regular prescence at the Home and Exteriors Exhibitions. There is vast scope to generate further income by expanding the current methods of advertising.
The company has a very informative and user friendly Internet website, offering full company information and showroom photographs.
Premises:
The freehold premises are located in an established industrial estate on the outskirts of a thriving, lively and friendly community. The well-designed factory is visitor friendly, with many clients coming to the unit to discus their needs. There are excellent free parking facilities at the factory.
Business Hours:
Monday to Friday: 9.00am to 5.00pm
The business would benefit from Saturday and Sunday opening.
Financial Information:
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.
The business is financially stable with no borrowings, low overheads, positive cash flow, enjoys a Strong Order Book, high gross and high net profit and has shown consistent strong growth in profits.
Sales revenue is circa £320,000 per annum, with a gross profit exceeding £200,000 per annum.
Reason for Sale:
Haviong spent the last 15 years growing and developing this buisness, the current owners have decided they would like a new challenge and are looking at other business interests.
Support and Training
The vendor is available for a full business familiarisation and training period. | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | IK151 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
