| (REF: GE064 ) Manufacturer of UPVC and Aluminium Windows and Doors |
| |
| Seller Reference: |
GE064 |
| B4S Reference: |
16858 |
| Asking Price: |
£575,000
|
| Net Profit: |
£150,000 |
| Sales Revenue: |
£1,000,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Hertfordshire, Hertfordshire, United Kingdom |
| |
This well regarded and respected independent manufacturer of uPVC and Aluminium Windows, Doors and Conservatories has been successfully trading since 2000, and is still growing year on year. After starting a retail business supplying and installing windows, doors and conservatories in 1980, and buying in units from a range of suppliers, the vendor of the business decided to start a manufacturing operation with his partner, and bring all the work in-house. The retail business is still successfully trading, and also offered as a separate going concern for sale.
From the outset, the owners of the business decided to concentrate on producing the best quality products, and as such, purchased some of the best manufacturing plant on the market to fit-out the factory. Although there was plenty of work to feed via the partner retail operation, the business rapidly grew due to the quality of workmanship, at competitive prices, and with fast and flexible turnaround on orders.
The business now supplies other window, door and conservatory retailers through-out London and the South East, builders, construction firms and a huge number of independent contractors / window fitters across the region. There is a busy trade counter on-site which allows window fitters to stock-up on consumables when they call to pick-up their orders.
All units are manufactured to the highest standards, and meet regulations allowing for full CE markings and accreditation, and are “A” rated for efficiency. The business is proud to produce top-end aluminium units in-house, and has the rights to produce and distribute one of the finest ranges in the UK on behalf of a well respected German manufacturer. This brand and top of the range bi-folding aluminium doors are finding many new customers and wide interest in the market.
|
| |
Property: |
Leasehold |
| |
| |
Lease Terms: |
The business is located in small light industrial park in Hertfordshire. The premises occupies around 10,000 sq ft, with 8000 sq ft of this devoted to the factory and on-site storage. There is further storage on the 2000 sq ft mezzanine floor, which also houses a small office and kitchenette area. There is a separate entrance for the trade counter, which rear area leads through to the storage area, and on to the factory floor. The business also benefits from secure outside storage, and 2 large storage containers.
The premises are leased directly from the local authority, with annual rent around £28,000, and business rates payable around £24,000
|
| |
| |
Current Rent: |
annual rent around £28,000, and business rates payable around £24,000 |
| |
| |
Living Accommodation: |
No |
| |
The business attends 2 large exhibitions per year including the Ideal Home Show with the partner retail company, where many direct orders are received. There is also advertising in the local press, and a Trade Website where customers can design and build their own units for order. The business has also taken regular advertising positions in trade magazines for window and door fitters in the South East. The business receives the benefit of marketing material and advertising campaigns conducted by the European Branded products which they manufacture under license in the U.K. |
| |
The company is well placed for future growth, with more enquires coming in daily for the highest quality and unique aluminium products, along with the well respected uPVC range of units produced. The factory and machinery has the capacity to increase the range of profitable aluminium products. The vendors feel that with a further marketing push to the trade, the business could receive and handle even more orders, without greatly increasing overheads. Due to the partnering with the other retail business, the factory does not currently offer an in-house window fitting service. New owners may wish to take this opportunity by offering a fitting service to end users visiting the factory to source their windows and doors directly. There is also a great opportunity to market the manufacturing service other window retailers across the UK. |
| |
The vendors will be delighted to agree to a handover period for the successful transition of operations to new owners. |
| |
One of the vendors of the business has been in the industry for over 30 years, and as he is nearing retirement, is looking to handover the operation to new ownership. His partner will also sell his stake, or consider staying on with the business in some capacity should that be of interest to all concerned. |
| |
Is this a home-based business? |
No |
| |
Can this business be relocated? |
No |
| |
Is this business part of a franchise? |
No |
| |
Monday – Friday: 7:30 am – 4:30 pm
Saturday: 7:30 am – 1:00 pm, with overtime available during peak periods
|
| |
The business is operated by 2 co-Directors who between them are responsible for overall Business Administration, Sales and Operations. In the factory there is a full-time Foreman, full-time Charge Hand, and 6 full-time Fabricators. The Fabricators have been on company courses in Germany and Belgium to gain certifications. In the office, the company employs a full-time Office Manager, and 2 part-time Office Assistants. The business also employs a Trade Counter Supervisor, a Trade Counter Assistant / Delivery Driver and a Warehouse Assistant. |
|
|
