101yr Old Established Stained Glass Studio For Sale, No Ties. | | Shrewsbury Shropshire | | Long established Stained Glass Company for sale in gorgeous Shrewsbury, Shopshire. Gd profit, potential to grow, ideal for Glazing company. No property or staff ties. Business for sale 101yr Old Established Stained Glass Studio For Sale, No Ties. is located in Shropshire. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 56257
ADVERT IMPRESSIONS : 9,989 TIME(S) | | | | BUSINESS SECTOR: | Building / Construction | | TRADE TYPE: | Glaziers | | SALE: | Private Sale | ASKING PRICE: | Offers Invited | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Located in Shrewsbury, Shropshire, this business covers work up into Stoke and as far down as Mid Wales, with the option to increase coverage across the UK. Easy to move business with no premise ties or large stock. Can be operated from private small premises or expanded into a larger company with more footfall and sales from cutting glass or offering stained glass courses.
Currently run solely by the owner with the use of freelancers for busy periods and also a repeat freelancer for the fitting side of the windows. If you are able to fit the windows yourself and supply and fit window protection then there is the option to increase the profit by a considerable sum.
Work is mostly from repeat customers and word of mouth although regular Yellow pages advertising is taken out. Potential to increase sales from mail shots to churches, contacts with building and glazing companies and within specialist magazines. This company has alot of potential for growth from a specialist stained glass company, into supporting general Glazing as this side was shrunk down by the owner in 2006.
Reason for the sale is that the owner now wishes to concentrate more on their other business and although would prefer to sell the business as a whole, would consider other options. The owner would also consider freelancing either for work or as a consultant on church reports/quotations/site visits etc.
General turnover is between 60-80k per annum - with last year's being £112k. Gross profit ranges between 35-55k with net profits of 20-40k (after basic wages and freelancers). Current owner works part time and takes a salary plus dividends.
Was valued at £60k (based on goodwill, turnover and profit) but all reasonable offers considered.
Locally, there is one other glazing company who make leaded lights and stick on lead for double glazed units. As Goode & Davies are longstanding and are more of a specialist company, they have no other direct competition in this field in the area.
There are a couple of benches and a modest glass stock/lead which would be sold along with the business, value approx 1-2k.
Great opportunity for:-
Specialist Building companies - to expand their services.
Glaziers
Experienced Stained Glass person who can make and fit windows (therefore taking all the profit from the freelancers)
Restoration companies
Insurance companies wishing to add to their services list.
. | | | | | | FOR SALE | | | | | REFERENCE: | 56257 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
