Highly Profitable Freehold Double Glazing Business | | Undisclosed Somerset | | SOMERSET HIGHLY PROFITABLE FREEHOLD DOUBLE GLAZING BUSINESS Est 17 yrs ago FENSA approved, 95% c/m witiin circa 50m radius A/T: £608,235 GP: £263,580 NP: £216,585 Scope to In working area F/H: £875,000 INC Circa £145,000 Shareholders funds REF: 1060TA | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 63829
ADVERT IMPRESSIONS : 11,221 TIME(S) | | | | BUSINESS SECTOR: | Building / Construction | | TRADE TYPE: | Glaziers | | SALE: | Agent Sale | FREEHOLD: | £875000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business is located on a small industrial estate, situated in a large town in Somerset
HISTORY
The business was founded by the present vendors over 17 years ago during which time they have built an enviable local reputation
REASON FOR SALE
The business is only now being reluctantly offered for sale as the vendors believe they, as individuals, have taken the business as far as it can go without sizeable investment
PRODUCTS
The business offers a high quality and cost effective supply and installation service in the Somerset area
It supplies windows, doors and conservatories, porches, fascias, soffits, guttering and garage doors
All items can be supplied in either UPVC, hardwood or aluminium and is available in different colours
All work carried out is covered by a 10 year guarantee, all glass supplied is the latest A rated for energy efficiency and the business is fully FENSA approved
2
CUSTOMERS
Circa 95% of customers are within an approximate 50 mile radius of the premises
They have however, travelled much further when requested by existing satisfied clients
SUPPLIERS
The business carried out repairs to all units including replacing misted up windows and doors
STAFF
4 full time staff, including the 2 vendors
TRADING HOURS
Weekdays 9am to 5pm
Extra hours to suit the clients needs
FINANCIALS
2009 2008
Sales £608,235 £492,401
Gross £263,580 £199,585
Net £216,585 £151,425
Stock holding £1,000
PREMISES
Single storey mid terraced lock up premises which briefly comprise:
Centre entry door into corridor with side admin / sales office
Full height roller shutter door with access to product storage area
First floor mezzanine storage area
Rear kitchen and w/c, back fire exit
The premises are fully double glazed and are also alarmed
There is parking for approx 3 cars in front of the building with additional parking for visitors etc all around the estate
STRENGTHS
An extremely well established business which has been trading for over 17 years
Excellent local reputation with a very high referral rate from other satisfied clients
A low overhead business which should ensure good net profits
Annual sales of circa £600,000 which are being achieved on a consistent basis
SCOPE
Increasing the working area beyond the current 50 mile radius
Target builders and developers
Employ another fitting team
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: | 1060TA / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
