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Well Established Manufacturer Supplier & Installation of High Quality PVCu Windows & Glass to Private, Commercial & Trade Sectors

Ref. GK292

Location : Ireland

Asking Price : £2,250,000

Turnover : £1,800,000

Net Profit : Undeclared

Gross Profit : £595,000

EBITDA : Undeclared

Net Asset : £485,000

Premises : Freehold

Confidentially offered for sale


  • Turner Butler

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Turnover in excess of £1,800,000
Gross Profit £595,000
Net Assets of circa £485,000

Asking price includes:

Excellent reputation-business established over 50 years ago.
Training and handover if required.
Computer system- all production and design facilities computer based.
Website.
Goodwill.

Business Profile

The business was established in 1969 and has enjoyed continued success due to offering quick, reliable and quality sales and after sales service.

The business is one of the largest family run glass/window companies in Ireland and caters for the private, commercial and trade sectors supplying everything from double and triple glazed windows to conservatories, toughened/safety glass, balustrades, splash backs, stained glass and doors. The business has potential to increase output with the introduction of an additional shift or increasing production equipment (space available).

Key Opportunities:

There are opportunities for further expansion that could include trading nationwide and/or expanding into other countries.

 Key Strengths:

• Well established with a large share of the market
• Excellent reputation
• Potential to grow and expand
• Superb customer service
• Excellent level of plant and equipment
• Top quality products supplied and installed to the highest quality

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.

The last year s turnover was in excess of £1,861,810 with a gross profit of £595K.

The directors believe profitability could be doubled as there is a high potential to increase glass output and reduce management costs.

Advertising and Marketing:

Currently some advertising is carried out through local press and sports clubs etc. However, most business comes from referrals or word of mouth. Potential to further increase leads through improving the marketing function.

Premises:

The vendor owns the Freehold which is available to purchase or to lease via separate negotiations.

The premises are located convenient to the main roads network for easy delivery/dispatch, in an enclosed compound with circa. 70,000 ft² of accommodation and adequate car parking.

2 x Overhead Cranes.
Fire Alarm.
Mains Water
Sewerage
3 Phase Electric with Wilson Generator.

Premises include;

• Reception/office suite.
• Factory floor/production with facilities for goods inward, glass cutting, glass processing, toughened and safety glass, polished glass, balustrades.
• Stores.

Opening hours:

Monday – Friday 8.30am – 5.30pm.

Employees:

35-40 Employees at any one time.
1 x Managing Director.
Production/shop floor staff.
Financial/Controller.
2 x Administration Staff.

Support and Training:

The owner is happy to provide full business familiarisation and support to the purchaser for up to 6-12 months as required.

Reason for Sale:

Owner wishes to pursue other interests.

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
info@turnerbutler.co.uk
www.turnerbutler.co.uk