| (REF: GK215) Domestic Double Glazing, Conservatory and Roofline Company Relocatable |
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| Seller Reference: |
GK215 |
| B4S Reference: |
31699 |
| Asking Price: |
£80,000
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| Net Profit: |
£59,000 |
| Sales Revenue: |
£450,000 |
| Number of Staff: |
4 |
| Established For: |
20 Years 0 Months |
| Ownership: |
No Property Included |
| Location: |
Staffordshire, Staffordshire, United Kingdom |
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This established and well-respected business was set up back in the early 1980s and supplies and installs a high quality range of double glazed windows, doors and conservatories to, in the main, the domestic market. The company also supplies and fits complimentary roofline products including fascias, soffits and guttering. At present some 60% of revenues come from replacement windows, 30% conservatories and 10% roofline products. The company also provides bi-fold door installations which are increasingly popular along with eco –friendly products.
The company serves the middle end of the market and has excellent supply agreements in place with reputable leading profile and glass companies. The business is FENSA registered and has some 6500 historical customers, many of whom it enjoys repeat business and referrals from. Most sales are within an eight mile radius of the business such is its reputation locally.
The business provides a complete turnkey solution from initial specification, through design, supply, installation and final commissioning using highly experienced installation teams who are paid by the hour rather than the number of jobs they do. This helps ensure high quality service and installation.
Most installations are for domestic properties. Typical order value is circa £2,500. The company deals direct with the public and also does a small proportion of commercial work.
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Property: |
No Property Included |
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Lease Terms: |
The business operation is run from a home office environment. However it does have a workshop/warehouse situated nearby used for storage and delivery purposes and with a skip facility. The premises are rented. Current rent is circa £120/week. |
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Living Accommodation: |
No |
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Whilst the business has consistently achieved sales in excess of £450,000 p.a. over the last 10 years, the business has spare capacity within its current infrastructure and could easily accommodate a significant increase in sales and territory, (bearing in mind approximately 90% of revenue comes from within an eight mile radius). This could be done by appointing an external salesman, something the company has not utilised to date. It could also proactively market the business more aggressively and further develop its existing internet presence, as well as advertising more energy saving and eco friendly products it has at its disposal, not to mention further bi-fold installations.
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The current owners would be happy to provide full training and support at handover. |
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Planning exit due to forthcoming retirement |
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Is this a home-based business? |
Yes |
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Can this business be relocated? |
Yes |
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Is this business part of a franchise? |
No |
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As required. Fitters typically 08:00-16:30 - 5 days a week |
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The two directors work full time in the business and both are involved in sales, purchasing administration and overseeing installations. The business utilise two installation teams (one team comprises one team leader and one installer) on a sub contract basis, However, the teams work predominantly for this company and have done so for many years. |
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