Freehold Conservatory And Home Improvements Company | | Undisclosed Staffordshire | | STAFFORDSHIRE FREEHOLD CONSERVATORIES & HOME IMPROVEMENTS BUSINESS Premises circa 0.5 acres Extensive showroom display A/T: £750,000 GP: 40% Suit existing conservatory mfr Space for workshop STPP F/H: OIRO £740,000 +SAV REF: 1141B | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 66971
ADVERT IMPRESSIONS : 12,087 TIME(S) | | | | BUSINESS SECTOR: | Building / Construction | | TRADE TYPE: | Glaziers | | SALE: | Agent Sale | FREEHOLD: | £740,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business is situated in a prominent corner position on a busy road which has a high level of passing vehicular traffic
They are located on the Staffordshire/Warwickshire border, and are surrounded by a large number of residential dwellings built in the 1960s, many of which are now improving their properties
The town is located 14 miles (23 km) north-east of Birmingham city centre
HISTORY
The business has been trading since the owner established it over 30 years ago
During this time, our client achieved a reputation second to none in the area for quality workmanship
REASON FOR SALE
This is a genuine retirement sale
PRODUCTS AND SERVICES
The business specialises in home improvements with a large emphasis on quality bespoke conservatories ranging in value from £15,000 to £55,000
Due to the good reputation of the business, demand has allowed the owner to also undertake additional work for extensions, kitchens, bathrooms and conversions, which are all sub-contracted
CLIENTS
Customers are from the locality with a radius of up to 15 miles
STAFF
The vendor who conducts all quotations
A book keeper
An administrator
Three teams of fitters (of which two are sub-contracted)
Two employees for the on site conservatory roof manufacturing
Two sub-contractors (one plasterer and one electrician)
FINANCIALS
Annual sales are in the region of £750,000 per annum
Gross margins averaging 40%, resulting in a healthy net profit
MACHINERY
Our client has an on site conservatory roof manufacturing unit
PREMISES
The premises are circa 0.5 acres and briefly consist of:
o Offices
o Workshop
o Parking for 25 cars
o A showroom village consisting of seven conservatories and two small bungalows
HANDOVER
The owner is flexible to conduct a detailed handover period
There may even be the possibility of the owner working part-time or on a consultancy basis post completion subject to negotiations
.
SCOPE
This business will be of particular interest to a double glazing company looking to break into retail sales, which will increase margins even further or to a conservatory retailer/manufacturer wishing to acquire a well established retail site
There is also ample room to build workshops subject to planning permissions
TENURE
Freehold
VIEWINGS:
A non disclosure agreement will have to be signed and returned prior to any further information and viewing
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises | | | | | | FOR SALE | | | | | REFERENCE: | 1141B / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
