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supply and installation of fascias, soffits, guttering, flat roof replacement

Undisclosed, Hertfordshire
Status
FOR SALE
Advert ID
166958
Reference
GB085 / Rightbiz
Asking Price: £450,000
Annual Turnover: £780,000
Direct sales organization specializing in the supply and installation of fascias, soffits, guttering, flat roof replacement and artificial grass.
Ref. GB085
Location : Hertfordshire
Asking Price : £450,000
Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Share capital of a direct sales organization specializing in the supply and installation of fascias, soffits, guttering, flat roof replacement and artificial grass.

Key strengths:

The business has the following key attributes:

• A highly refined and proven successful direct sales operation incorporating canvassing, local advertising, lead generation, tracking and conversion.
• Extensive product range including fascias, soffits, guttering, flat roof replacement and artificial grass.
• High levels of workmanship from loyal, tried and tested, flexible teams.
• Strong supply chain.
• Low overheads
• Profitable and well-managed Business.
• Excellent opportunities for growth and expansion.

The business provides an acquirer with:

• An ideal bolt on for a company already operating in the home improvement sector – a double glazing company, for example looking to expand their geographical presence or widen their product portfolio.
• An excellent ‘starter’ business opportunity for an organisation or an individual looking to become established in the home improvement sector.

Financial performance:

For the financial year ending May 2015, the business generated turnover slightly in excess of £780,000, gross profits of almost £417,000 and an EBITDA before Directors’ costs of almost £200,000. Shareholders Funds, excluding the Intangible assets of £21,300 stood at almost £212,000.

The Asking price of £450,000 is for a sale of 100% of the Issued Share Capital in the Business on a cash free, debt free basis.

Next steps:

If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.

All enquiries or requests for additional information should be submitted or directed to Turner Butler Head Office: 01895 256000.
Listing Details
Location: Undisclosed, Hertfordshire
Sector: Roofing Service Businesses
Key Features
  • Attractive Business
  • Established Business
  • Company for Sale
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Advert Reference: GB085 / Rightbiz

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