Manufacture And Installation Of Windows Doors And Conservatories | | Undisclosed London | | EAST LONDON MANUFACTURER AND INSTALLATION OF WINDOWS DOORS AND CONSERVATORIES Prominently sited on main road Fully equipped - FENSA member A/T: £400,000 Superb potential to expand LH: £199,950 +SAV REF: 9987E | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 61411
ADVERT IMPRESSIONS : 11,070 TIME(S) | | | | BUSINESS SECTOR: | Building / Construction | | TRADE TYPE: | Glaziers | | SALE: | Agent Sale | LEASEHOLD: | £199950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• Prominently sited shop and workshop on main East London thoroughfare
• Urban location with large, mainly older, housing stock
• Restricted street parking available with vehicular access to rear
• Within easy reach of central London
HISTORY
• Business originally established by vendor in 2004
• Relocated to present site in 2005
• Customer base slowly established through a reputation for excellent standard of work
• FENSA membership
• Vendor would be happy to assist with handover
REASON FOR SALE
• Retirement and change of lifestyle
PRODUCTS AND SERVICES
• Manufactures of full range of glazed products
o Windows
o Doors
o Conservatories
• Full installation service provided through employed fitting staff
• Products are positioned in the middle market
CUSTOMERS
• Large base of private residential customers with high repeat rate and often generated through word of mouth
• Supply of manufactured products to builders and other trades
• Located throughout East London with a 20 mile radius
SUPPLIERS
• Materials supplied through a range of trade contacts
STAFF
• Vendor
• 3 fabrication technicians
• 2 installation engineers
TRADING HOURS
• Weekdays 8am to 5pm
• Saturday 8am to 12 Noon
FINANCIALS
• Turnover approximately £400,000 per annum
• Gross profit £120,000 per annum
• Net Profit has averaged £50,000 per annum over the past 3 years
• Staff Costs Circa £125,000 pa
PREMISES AND EQUIPMENT
• A leasehold shop, with office and workshop. Additional lock up workshop to rear.
• Office with photocopier
• WC/Kitchen
• Workshop
• Storage area
• Alarmed (Redcare)
• Iveco Daily van 08 plate
• Citroen Relay van 56 plate
• Router
• Double head Mitre
• Drills
• 3 head welder
• Corner cleaner
• 2 welders
• Compressor
• Sundry tooling
• Website
STRENGTHS
• Very well established with excellent reputation locally
• Reliable financial performance generating excellent annual net profit
• Fully equipped with no immediate investment required beyond consideration price
• Reliable and capable staff
• FENSA registration
SCOPE
• Business development activity currently limited to leafleting and basic website
• Substantial ageing housing stock within the area
• Customer recruitment in addition sectors such as businesses and commercial work
• Additional work with builders
• Opening of additional shops
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises. | | | | | | FOR SALE | | | | | REFERENCE: | 9987E / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
