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Well Established Garage Door & Security Shutter Company West London

Undisclosed, Undisclosed
Status
FOR SALE
Advert ID
244671
Reference
12248 / Rightbiz
Asking Price: £40,000
Annual Turnover: £74,586

• Well established business with an excellent reputation

• Garage doors, security shutters, gates & security grilles, etc

• Design, supply & installation service to private & business clients

• Business only sale and very competitively priced at £40,000 for quick sale

• The vendor is willing to stay on for a handover period to see through a safe and secure transition with the use of his fitters

 

For over 25-years this private business has been involved in the design, supply and installation of garage doors, security shutters and grilles to both private homes and businesses alike. The current owner oversees the day-to-day management of the business, which he operates from home, and is looking to sell as he approaches retirement.

This is a ‘business only’ sale which includes an introduction to, and handover of, all existing garage door and associated security shutter and grille supplier relationships and contacts.

The beauty of this business is the ‘zero cashflow’ basis on which it operates, as customers ordinarily make a 50% upfront payment, after which the garage door is ordered from the supplier (on credit terms, as agreed) and then installed at the customers premises, after which the 50% remaining balance is paid by the customer. Thereafter, and in line with the credit terms offered, the invoice for the garage door is paid to the manufacturer/supplier.

Based on financial accounts up to 31 Mar 18, the total turnover for the year came in at £74,586. We understand that this was considerably down on the previous year due to health reasons.

Although there is a very well designed and up-to-date website, we understand that almost zero promotional activity takes place. There is therefore significant opportunity to grow the business with the introduction of adequate digital marketing activity

Listing Details
Location: Undisclosed, Undisclosed
Sector: Service Businesses
Key Features
  • Established Business
  • Retirement Sale
  • Attractive Business
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Advert Reference: 12248 / Rightbiz

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