Total of 18659 firms and businesses for sale today Saturday 4th May 2024
Sold. Upvc Window, Door & Sealed Glass Manufacturer
LISTING DETAILS
Firms For Sale ID:
34278
Vendor reference:
GK188
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£8,300,000
Turnover / revenue:
£3,241,485
Net profit / cashflow:
Undisclosed
Years established:
26
Number of employees:
45
OTHER DETAILS
Reason for selling:
The founding director has decided that he would like to take a step back from the business and involve himself in a smaller family business that would not demand so much of his time. He would be very willing to complete an extended handover period to oversee the financial performance of the business in the present financial year with the possibility of a consultancy role on an ongoing basis.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
UPVC Window, Door & Sealed Glass Manufacturer
Ref.GK188
Location South Wales
Asking Price GBP 8,300,000
A great opportunity to acquire one of the leading manufacturers in Wales of sealed glass units that are supplied to retailers in the home improvements market. All products exceed that which is required by ISO 9001:2000.
This company was started in 1989 with financial assistance from The Princes Trust. The founding director is still in charge of the company and has been the driving force in building it up to be the success it is today. The core business is the manufacture and supply of the sealed glazing units to the trade. These units are subsequently fitted to UVPC or Aluminium window and door frames. They offer a broad range of designs including stained, leaded and Georgian units. The business recognized that there is also a growing demand for toughened glass in many applications and have invested in the necessary plant and equipment to produce their own supplies.
The business has a client base of circa one hundred and twenty regular customers who are based along the M4 corridor to Reading, as far south as Newton Abbott in Devon and north as far as Birmingham. The business continues to grow at a consistent rate. Margins have remained unaffected and profitability is high.
Market / Competition / Non-Competition Agreements
The business would benefit from a structured and balanced advertising and marketing strategy.