Installation Of Upvc Fascias, Soffits & Guttering And Flat Roof Specialists | | Undisclosed Hertfordshire | | Installation of UPVC Fascias, Soffits & Guttering and Flat Roof Specialists Confidentially offered for sale Ref No: GB085 Location: Hertfordshire Asking Price: £300,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 9662
ADVERT IMPRESSIONS : 27,263 TIME(S) | | | | BUSINESS SECTOR: | Building / Construction | | TRADE TYPE: | Facia / Guttering | | SALE: | Agent Sale | LEASEHOLD: | £300000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
Established in 1993, this specialist niche business has been providing homeowners with quality UPVC Fascias, Soffits and Guttering for fifteen years and has grown to become one of the leading companies in the industry, in this area. They also specialise in flat roof replacement and offer the leading roof replacement service and products, with long lists of fully satisfied customers.
Based in very well suited, leasehold premises on a very small business park in Hertfordshire, this business is able to deal with all roofing and associated requirements. Specialising in the provision and installation of UPVC products this business can confidently claim that no job is too big or too small. To date it has carried out thousands of successful replacements and installations with all products installed to the highest specifications and covered with a comprehensive thirty-year quality guarantee and money back guarantee.
This business provides everything required in planning the right solution for a customer, supplying and fitting the right products to suit taste and budget, all determined during the free surveying and quotation process. As an independent this business has developed a network of top quality suppliers to ensure the best products and service at the most competitive prices available.
With a combination of directly employed and sub contract fitters this business can call upon a wealth of experience and high levels of workmanship. With its own on-site cutting facility this business can offer a range of finishes, designs and styles to suit all types of property. Only top quality components go into the units ensuring the appearance and finish is top quality for all customers.
This business operates primarily within a ten-mile radius of its base and has little local competition for its services. With a large volume of properties within easy striking distance including many sizeable country homes this business is very much the first choice in its catchment area. With turnover of just under £500,000, generating higher than average net profits in excess of 49%, this is a very profitable business and represents an excellent investment opportunity.
Customer Service:
The cornerstone of the success of this business has been the high level of customer service this business has provided over the many years of its operation. This business provides free, no obligation quotations and site surveys and a highly professional, yet personal service from start to finish. No job is too big or too small. This business is large enough to meet the requirements of the most demanding of customers yet small enough to be flexible to particular demands.
Key Strengths:
This is a very well established business that has developed an excellent reputation in its local marketplace for a quality product and high levels of workmanship at very competitive rates. It is ideally situated – on a small business park, with easy access, large storage and fully secure yard with ample parking. This business is also far enough away from the major centres of population to dissuade the operators in those areas from looking too closely at the catchment area of this business whilst still being close enough to those areas to steal market share if necessary. As it is this business does very well from its own customer base located within a 10-mile radius.
With excellent cash flow, a healthy level of turnover and margins, this is a very well managed and profitable business, with an excellent and winning formula.
Key Opportunities:
Performing more than adequately to date, investment in this business to date has been limited to the current Owner’s ambitions. With excellent foundations in place, there is an outstanding opportunity to build on the current business levels and customer base of this company. With a strong demand for this business's products, combined with a capacity to increase turnover, a new owner contributing fresh ideas, particularly in the area of marketing where spend to date has been limited to small display ads in the local weekly free sheet, will have every advantage of building on this excellent platform. Particular attention could be paid to the trade sector where this business currently does not trade but there is no doubt that this could be built upon further.
In addition the public sector also represents significant potential. Local government spend is ever increasing and as more and more schools become their own budget holders there is an opportunity to exploit this market by tendering for schools, nurseries and hospital contracts.
With new environmental legislation in place, demanding higher specification materials, it is envisaged that there will also be significant organic growth for this business moving forward as more expensive higher efficiency products are ordered ultimately leading to greater profits for the Company.
Advertising and Marketing:
· Full local and regional media advertising in local press
· Distribution service of 500,000 A6 gloss cards through a local agency 3 times a year, to Herts, Beds, Bucks, Middx and North West London
· 80% of new business from recommendation through the very successful “Money Back Guarantee” Scheme
· Successful company door canvass operation formula
· Never knowingly undersold
· Will beat any written like for like written quotation
· Corporate name awareness
· Sales, survey and installation teams all wear company logo shirts, jackets and tops
· Salesmen carry full kit of Fascia,/Soffit and Flat Roof samples
· Photograph portfolio
· Point of sale literature
Premises:
There is a Bungalow office that comprises of two offices, kitchen and w/c. Alongside this is parking for several cars. There is also a fully enclosed yard with parking and storage and a warehouse on both ground floor and mezzanine, of approx. 15,000 sq ft, that is used for warehousing and storage of stock with 2 electric roller shutters giving access, thus enabling easy loading / unloading of products and stock.
The lease is a fully renewable 3 year lease currently at £24,000 per annum which expires in 2011.
Security:
The premises are situated on a small fully enclosed and secure business surrounded by security fencing and with night security staff on the premises. They also have further security fencing and gates around their own storage facility.
Business Hours:
Monday – Friday: 9.00 – 6.00
Quality Control:
This business offers a fully comprehensive money back guarantee on all its products and is a member of Home Pro and Fair Trades and operates its own stringent quality on products and work completed.
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
The business is financially stable with a positive cash flow and enjoys a Strong Forward Order Book. The turnover for the financial year ending December 2006 was £478,333 generating gross profits in excess of £234,000, with assets of approx. £35,000 and stock of approx. £10,000.
Reason for Sale:
The owner is now at the age of retirement and wishes to do so, but is prepare to continue as sales person on a commission only basis for a period of time if required.
Support and Training:
The current owner will provide all necessary handover and training and all relevant contacts to ensure a smooth transfer of the business | | | | | | FOR SALE | | | | | REFERENCE: | GB085 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
