East Midlands Window and Door Manufacturer with £3.0M Revenue For Sale
Undisclosed
- Status
FOR SALE
- Date Submitted:
25/09/23
- Advert ID
600198
- Reference
ASCFL/WIN2 / Rightbiz
- Call Agent:
- Leasehold: £700,000
- Turnover: £3,000,000 (£57,692 Per week)
- Net Profit: £225,000 (8% Profit margin)
Key Features
- Established Business
- Company for Sale
- Accounts Available
- Attractive Business
Business Details
Window and Door Manufacturer and Installer For Sale
A long established and successful family business predominantly operating in the door and window sector is being marketed for sale. In addition to an aluminium product range, it also supplies PVCu products and provides a full installation service. Revenue is distributed between 3 sectors, diversifying risk:
· Aluminium Windows and Doors
· PVCu Windows and Doors
· Accessories via a Trade Counter
It both supplies and installs in the commercial sector and is a preferred supplier for some notable public sector clients. Additionally it provides a supply only service to the domestic market.
Located in the East Midlands, the company operates from a 5,000 sq foot premises, and employs 16 full-time staff. One owner would like to leave the business after an appropriate handover, but the remaining management are happy to remain with the business.
Revenues have grown from c £1.7M in 2020 to a forecasted £3.0M in the current year. The business model is a robust one with a stable gross margin and delivering an adjusted EBITDA (fully accounting for replacement management costs) of £200k to £250k.
The Guide Price sought by the Vendors for 100% of the shares of the Company is £700,000. The business will be sold on a debt free, cash free basis to include a Net Asset Value at Completion expected to be c. £300k. The balance sheet contains an element of surplus cash, which the vendors expect to be added to the consideration on completion.
The business will be an attractive acquisition for both a larger trade buyer looking to extend its product range, manufacturing capability and / or geographic reach and also those looking for a stable stand-alone business, with significant further growth opportunities.
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Listing Statistics
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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