Sold. Fully Equipped Joinery Manufacturing Company (cnc)

Fully Equipped Joinery Manufacturing Company (CNC)
Specialists in fine quality doors and windows
Ref.GE086
Location Cumbria
Asking Price GBP 450,000
This very well established company was set up more than 50 years ago by the current vendor. The company has built up an enviable reputation in the market it serves through the manufacture and installation (if required) of high quality joinery products, for both commercial and domestic clients.
The company provides a range of products, however its core business centres around the design, manufacture and supply of high quality timber windows and doors with factory glazing, to a large and diverse range of commercial customers throughout the UK. The business currently has some 70 regular customers whom it has worked with over many years, as well as many ad-hoc clients who work with the busines on a project by project basis. The business enjoys very consistent levels of trading and excellent profitability. This has enabled the vendor to continually re-invest in the business year on year, so much so that it has evolved into a fully automated design and production facility that offers customers a bespoke turnkey solution.
Full Design & Test Service
Site Surveys
Full Manufacture and factory pre-finishing (either paint or stain)
A full F.E.N.S.A. registered service
Aluminium cladding service
Most of the work comes via referrals, repeat business and word of mouth recommendations. The business is often specified and recommended by architects and planners on a project by project basi, due to the company always working closely with the client to ensure the right designs and solutions are provided. The majority of sales are on a supply only basis although the business can provide a full installation service, if required.
The vendor has built up a superb team of key staff and a business model which ensures the business operates smoothly on a day to day basis. This means the business is not dependent on the vendor although he is prepared to invest some time in any handover. Staff are highly skilled and loyal.
The business operates from a superb purpose built manufacturing facility. The business has an extensive amount of plant and equipment (asset register available upon request) which ensures it can control all aspects of its high class production process so as to provide consistent high quality items.
The business is being marketed on a leasehold basis. However the vendor is also happy to sell the freehold should a new owner so require, subject to negotation.

Market / Competition / Non-Competition Agreements
The business enjoys high levels of repeat business, word of mouth recommendations, specifications and referrals, however, it could benefit from a more strategic medium/long term sales and marketing campaign. There is a very informative website although its online presence could be developed even more. There is no external sales representation.