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Accredited Double Glazing Company
Supply & Installation of Commercial and Domestic PVCu & Aluminium Windows, Doors & Conservatories

Ref. GK290

Location : South East

Asking Price : £2,200,000 plus Net Assets

Turnover : £5,200,000

Net Profit : Undeclared

Gross Profit : £1,325,000

EBITDA : £677,000

Net Asset : £610,000

Premises : Leasehold

Confidentially offered for sale

  • Turner Butler

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Business highlights include:

Turnover c. £5,200,000 per annum (3 year average)
Gross Profit c. £1,325,000
Adjusted EBITDA c. £677,000
Net Asset Value c. £610,000

CHAS registered contractor
Constructionline registered
FENSA approved
ISO9001 accredited
Dealerships for Commercial Alluminium, Domestic PVCu and Domestic Aluminium products
Established over 40 years
Top quality, energy efficient products
Responsible environmental practises
Management team in place
Long serving knowledgeable workforce
Superb reputation

Business Profile

The business is an established, professionally managed company, which has been in business for over 40 years and has worked very hard at establishing itself as a well known brand within its regional market place. It is particularly associated with providing high levels of workmanship at a competitive price, but above all, for its reliability and responsiveness to the requirements of its customers.

From modest beginnings, fitting double glazed, replacement window products to domestic properties the company has gained a reputation for majority commercial, high quality installations at competitive prices but critically, not at loss to acceptable margins. This ethos has carried forward into the installation of doors, windows and conservatories.

The company’s activities now extend across the South of England fitting doors, windows and roofline products for Housing Associations, Hospital Trusts, Schools, Local Authorities and has framework agreemnts for many high profile clients.

A key factor in the ongoing success of this company is its strong relationships with government/institutional clients which have mandated requirements for improvements to the many properties under their control or responsibility.

During the more than 40 years of trading, the company has manufactured and installed PVC-U products in well over 35,000 homes and businesses across the region and consequently gained an enviable reputation for quality, service and reliability.

The business is kept very busy running its operation from large premises that include storage facilities, showroom and offices. A full turnkey solution is offered to the large database of both commercial and domestic clients that includes the supply and installation of a bespoke high quality range of UPVC and aluminium double glazed windows, doors, patio doors, french doors, conservatories and composite doors.

With a heritage in the manufacturing sector and understanding what can and can’t be done, the right solution is provided for every client – whether that be a single replacement unit or fulfilling the requirements of an entire property with a much higher order value. The strengths of this company include its expansive product knowledge and its technical expertise. Bespoke products are manufactured to the client’s specification with an assurance of getting exactly what is needed. Installation is undertaken by qualified and highly experienced self-employed fitting teams which has also helped to create a strong trading base.

The business is fully accredited and complies with all the current British Safety Standards, Ministry of Defence specifications, FENSA & Constructionline registered and ISO 9001 accredited. The company’s success has led to very high levels of repeat custom.

The business is owned by two shareholders, where the majority shareholder plays no part in the business’ day to day activities and the minor shareholder, while attending to management duties each day, is able to leave the business for extended periods, in the professional hands of its trusted & reliable team.


The company has invested in a good level of plant and equipment in order to satisfy its very high standards of service and quality.

The business utilises leading Sage accounting software to run the administrative functions of the business together with Excel databases for all customer and client details.

All drawings and specifications are prepared and completed using CAD software.

Customer Service:

The company s most important asset are their clients, who appreciate the prompt, friendly service, reliability, convenient hours, and reasonable and competitive prices. Providing a quality product, service and expertise the business represents excellent value, based on sound advice, honesty and integrity.

Key Strengths:

• Honesty and Integrity
• Maintainable profitability
• Strong commercial/institutional client relationships
• Professional Management team and staff
• Problem solving
• Reputation and detail
• Commercial and domestic customer base
• Top quality products supplied and installed to the highest level
• Accreditations
• Dealership agreements in place
• Complete turnkey operation
• Good level of plant and equipment

Key Opportunities:

There is a lot of work to be gained. The business would benefit from a new owner with more energy to explore currently unexploited opportunities. A more proactive approach to sales and marketing could further increase revenues in the future.

Another avenue would be to diverse into facilities management and other complimentary services and possibly employing road sales representatives to travel and gain business from further afield.

Financial Information:

The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover c. £5,200,000 per annum (3 year average)
Gross Profit c. £1,325,000
Adjusted EBITDA c. £677,000
Net Asset Value c. £610,000

Asking Price:

The Asking Price of £2,200,000 plus net assets, is for 100% of the issued capital of the company, assuming Net Assets of circa £610,000 on completion (calculated on a zero cash-zero debt basis). The final selling price will have a £1 for £1 adjustment for any rise or fall in this benchmark circa Net Asset figure of £610 ,000 at completion.

Advertising and Marketing:

The business engages in little or no advertising or marketing since a vast majority of the business’ turnover is by referral and recurring business from satisfied commercial clients & domestic customers.

The business has an excellent company website that attractively presents the high quality products and services on offer.


The premises comprise:

1. Ground floor office space of circa 832 square feet
2. First floor office space also circa 832 square feet
3. Two warehouse bays at the rear of the premises, circa 5,687 square feet with an additional mezzanine area of circa 587 square feet, in one bay
4. Prtial use is available of the yard area to the rear of the premises and includes skip storage & vehicle storage with ample car parking to the front.

The premises comprise one half of a large building as offices for administration with kitchen and toilet facilities. There are two separate units for storage to the rear of the main office and there is more than adequate parking and space for loading & delivery. The premises is covered by CCTV. There are secure shutters, security gates and the building is alarmed.

Mains services are connected with Gas, Electricity and Broadband.

The current lease expires in August 2022 and benefits from a 12 month notice period. Rent is currently circa £27,000 per annum with rates of £11,700 also per annum.

Business Hours:

Monday – Friday: 9.00am – 5.00 pm


The owners run the business ably supported by a 11 x staff on site including an experienced sales manager and contracts manager. It should be noted that staff have been working with the company for many years. They understand the company’s quality approach and work to the very stringent standards this business expects and delivers on a consistent basis.

Total Employees are as follows

10 x Full Time site-based staff including management, administration and warehouse operations
1 x part time cleaner
15 x self-employed Fitters
2 x commission Sales Staff

Support and Training:

The owners are happy to provide support and training for a negotiated period of time.

Reason for Sale:

This is a genuine retirement sale.

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 678532