| (REF: GE067) Manufacturer of Top Quality Aluminium Windows, Curtain Walling and Steel |
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| Seller Reference: |
GE067 |
| B4S Reference: |
17098 |
| Asking Price: |
£750,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£3,200,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
North East, North East England, United Kingdom |
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This is a wonderfull opportunity to acquire a business which was formed in 2001 by the present directors specialising in the manufacture of aluminium windows, curtain walling and steel security products. They manufacture a full and divers range of aluminium windows, curtain walling, door shop fronts, security shutters steel doors, fire screens, windows and doors.
Due to the expansion programme of the company they are strong in most sectors of this industry and have the ability to offer a turnkey service to their varied client base also offering a full back up and technical service nationwide.
The company have invested heavily with the latest up to date cutting and CNC machinery. They have recently installed a new state of the art range of computer software which enables them to speed up their design and manufacturing capability whilst enhancing the quality of the production. This is a major benefit to all industries particularly this one where the design and quality of the product are essential to the customer.
The company employs an experienced and skilled team of workers who are trained on a regular basis which is a key factor to their success. Contracts and the corresponding manufacturing processes are monitored by the team on a daily basis. All aspects of production and quality are discused at daily production meetings allowing for any problems to be remedied immediately. Actual site instalations always have an assigned site manager in place thus ensuring clients interests are being catered for at all times.
There is a large database of regular, repeat, Blue Chip clients which include, major national construction company’s, major retail chains, major housing developers, universities, schools and local authorities. The company has a healthy order book in excess of circa six figures at present.
The company has limited themselves up to date by only taking jobs up to circa £1.0 Million in value. They are well positioned to take advantage of larger jobs, with a small amount of investment, and new owners would be able to take advantage of the solid foundations the current directors have built and take the business to the next level. The company are registered ISO 9001 and have now achieved ISO14001:2004, they have continued to be involved with CHAS and Construction Line.
This is a business that continually strives towards excellence. They maintain high standards of work backed up by continual investment in new equipment, machinery and training of staff. This would be a perfect investment opportunity for new investors to grow the company or for another company in the same or similar line of work to bolt on this successful business and expand their own operation.
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Property: |
Leasehold |
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Lease Terms: |
The business runs from a modern industrial leasehold unit measuring circa 11,000 sq. feet with a lease running until 2013. The reception and offices are on two floors. The upstairs floor is on a mezzanine floor with an open plan office and two private offices. Downstairs is the reception, a small office and the board/ meeting room. The factory adjoins the offices with two workshops, one for the aluminium work and the other for the steel work. The unit next door is vacant and would make be perfect for further expansion.
The rent is circa £40,000 per annum with Rates of circa £16,000 per annum. |
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Current Rent: |
The rent is circa £40,000 per annum with Rates of circa £16,000 per annum. |
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Living Accommodation: |
No |
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The company policy has been to take jobs up to circa £1.0 Million. They have never over stretched themselves financially, but this sometimes leads them into refusing work from regular customers who would certainly place this work with them.
With investment the company could take on the larger jobs that at present they reject. The company is comfortable with the amount of work they take on and rarely works overtime or at weekends. This offers distinct opportunities for new owners to take advantage of. |
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The vendor would be happy to help with a smooth transfer of the business in any way possible. |
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The vendor has worked in the industry for over 30 years and would now like to retire and spend more time with his family. |
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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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The company has 29 employees in total with a management team of four in position looking after the finance, operations, contracts and production. There are two draughtsmen, two estimators, and two office administrators plus twenty engineers/welders/machine operatives and fitting teams who work on the shop floor and on site.
The company also uses well tried and tested sub-contractors for major projects when extra fitters are needed. |
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