Profitable, Well-Established Glazing Business in West Sussex for Sale
Undisclosed, West Sussex
- Status
FOR SALE
- Date Submitted:
20/12/23
- Advert ID
604184
- Reference
M5560 / Rightbiz
- Call Agent:
- Leasehold: £600,000
- Turnover: £1,482,000 (£28,500 Per week)
- Net Profit: Not Applicable
Business Details
Well established Profitable Glazing Business for Sale
We understand Accounts 30th June 2022 shows sales of £1,242,391 with a Gross Profit of £226,754 FEATURES:6 days opening.
5 owned vehicles worth approximately £20,000.
Working capital (cash) of approximately £200,000.
DEBT FREE.
A unique opportunity for another home improvement/glazing business to expand their operations in Sussex and Nationwide.
Established in 1988 and founded on the principles of good quality products, installation and service. No cold calling. This business has stood the test of time since its first installation 36 years ago and continues to flourish.
The company is a very well-respected supplier and installation specialist of windows, doors and conservatories in uPVC, aluminium and timber. Juliet balconies, porches and many more tried and tested products.
The current owner has created a turnkey opportunity for a new owner, with a good management structure in place as well as loyal installation teams.
Key features:
- Well established reputable business.
- Management Structure in Place
- £250K order book
- Trust Mark (Government Endorsed Standards)
- FENSA and CERTASS registered.
- 2020, 2021 and 2022 Turnover £1.2 Million per year.
Support & training: The experienced managing director who intends to retire will provide a comprehensive business handover in order to ensure a smooth transition of ownership and continuity of trading. PRICE:
TO INCLUDE THE SECURE RENEWABLE LEASES, GOODWILL, FIXTURES & FITTINGS £600,000 plus STOCK AT VALUATION (£40,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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