Supply & Installation of High Quality Replacement Double Glazed & Triple Glazed, Windows & Conservatories
UPVC, Aluminium, Alternative to Timber, Timber and Aluminium Clad Timber styles
Location : Surrey
Asking Price : £540,000 plus assets
Turnover : £1,200,000
Net Profit : Undeclared
Gross Profit : £510,000
EBITDA : £182,000
Net Asset : £160,000
Premises : Leasehold
Confidentially offered for sale
Storage and office facilities
Established over 20 years
Excellent customer base with much repeat business
Skilled and loyal staff – mature individuals
Supplying ‘A’ rated products to promote energy efficiency
More than 10 years’ consistent trading & turnover
Turner Butler is delighted to offer for sale this family run and owned business, which has been established for circa 22 years, supplying and installing replacement windows, doors and conservatories; all installations come with a 10 year insurance backed guarantee.
The business specialises in quality double glazing with choices of PVCU, aluminium, alternative to timber, timber and aluminium clad timber options and regardless of the requirements of customers, the business provides the highest quality of product and service.
The aftercare service provided is as important to the business as every other aspect and the business restricts its areas of operation to those where often, existing or previous customers can arrange convenient times to meet and discuss any problems or indeed new product installations. The business believes strongly in their reputation as the local choice.
With the widest choice available to customers, customers can be assured of enhancing their home with quality double and triple glazed products, fitted by the trusted professionals in this business.
The business boasts an excellent supply chain and offers plenty of scope for a new owner to increase turnover. Positive points would be the promotion of the ‘supply only’ line of business and the possibility of diversifying into other products /services using the existing and new client base. The skilled workforce is extremely capable and adaptable to any form of change.
The company primarily supports the local market of Surrey and adjoining Home Counties. The sale is a rare opportunity to acquire a well-established and highly regarded business with scope for further development. The business would suit integration into a multifaceted group as well as private individuals.
Business success is due to the unsurpassed level of service provided to both customers and trade partners & suppliers.
• Manufacturers including ‘A rated’ windows
• Skilled and experienced work force
• Competitive pricing
• First class name and reputation
• Room for growth within the industry and diversification
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.
From the 2017 accounts:
Turnover in excess of £1,200,000 per annum
Gross Profit circa £510,000
Adj. EBITDA of circa £182,000 (before drawings)
Net Assets of circa £160,000
The Asking Price of £540,000 plus net assets is for 100% of the issued capital of the company, assuming Net Assets of circa £160,000 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 Net Asset figure of £160,000 at completion.
The premises are well-equipped with large storage facilities, 5x offices that are all fully secure. They are located on a popular, semi-rural industrial estate with easy access to main Surrey trunk roads and the M25 Motorway.
The future rent is circa £23,000 per annum. The lease period is currently agreed on a rolling basis with a six month break Clause.
Monday – Friday: 9am – 5pm
Saturday 9am – 12:30pm
The vendor is happy to provide support and training for a period of time to be negotiated prior to the sale.
Retirement of the main shareholder.
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 firstname.lastname@example.orgTurner Butler Disclosure Statement
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