| (REF: EN003 ) Glass Processing & Manufacturing Company Supplying Sealed Double Glazed |
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| Seller Reference: |
EN003 |
| B4S Reference: |
16626 |
| Asking Price: |
£700,000
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| Net Profit: |
£100,000 |
| Sales Revenue: |
£1,000,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Merseyside, Merseyside, United Kingdom |
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This very well respected and established company manufactures and supplies a broad range of glass products to a wide variety of commercial customers throughout the North West region. The company has been trading for many years and in that time has grown in terms of infrastructure, reputation, clinet base and personnel into the professional operation that exists today.
The company has invested significantly over recent years in a high level of plant and equipment that enables it to provide customers with a one stop solution with all production and processing being done in house. This includes an optimised computerised production system. Because of this the business can provide unique styles and specifications of sealed double glazed units to BS1279 standard. (Approximately 50% of current turnover if from the gouble glazed sealed units). The remaining 50% of turnover comes from the manufacture and supply of toughened/safety glass and patterned glazing.
The company has a large and regular customer base that includes other double glazing companies, window manufacturers, window installation companies, consevatory companies and building companies. It also has a trade counter that serves the small trader/public.
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Property: |
Leasehold |
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Lease Terms: |
The business operates from ideal leasehold premises situated on a prominent and well known industrial area with excellent access. There is ample parking for staff, deliveries and customers. Total production space is circa 11,000 square feet plus separate offices. The unit has high ceilings to accommodate the overhead crane as well as additional expansion space. The current lease is a 10 year one but it is understood a new lease would be made available to a new owner if so required. Current rent is £48000 p.a. plus a service charge. Rates are circa £14,000 p.a. The premises are modern and highly secure. The building is fully alarmed.
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Current Rent: |
Current rent is £48000 p.a. plus a service charge. Rates are circa £14,000 p.a. |
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Living Accommodation: |
No |
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The business has done very little in the way of advertising over the years preferring to rely on word of mouth recommendations and referrals to generate sales. It does utilise local directories but would greatly benefit from a more strategic sales and marketing strategy including the development of a website and database. |
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The company has a large production capability and could certainly accommodate a significant increase in business volumes within its current infrastructure. There are many avenues for growth available to this business. It currently operates regionally, it could easily expand its market further
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The current owners would be happy to provide full training and support at handover. |
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The vendors are at a stage where they believe the business could greatly benefit from new owners who could inject some new energy, capital and ideas into the business to fully maximise the ongoing opportunities at its disposal. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday – Friday: 0800-1700
Saturday 0800-1200 |
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The business has an experienced and well structured and knowledgeable workforce. The two directors work full time within the business, one being the operational director, the other more responsible for overseeing the financial and administrative functions. The vendors are very well supported by the following key personnel.
1-Full Time Toughening Plant Manager
1-Full Time Double Glazed Sealed Units Production Manager
1-Full Time Office Manager
1-Part Time Office/Optimisation Assistant
5-Full Time Production Operatives
1-Full Time Glass Cutter
2-Full Time Drivers
It is fair to say that all staff know their roles and responsibilities and that the business runs smoothly on a day to day basis with the aid of the excellent software packages. |
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