Double Glazing Manufacturer In Cheshire Freehold For Sale

Business description

Accredited Double Glazing Manufacturer - Freehold Manufacture & Installation of UPVC Windows, Doors and Conservatories

This well established and respected business was set up by the current owner some 15 years ago. It offers a full turnkey solution by manufacturing and installing a high quality range of UPVC double glazed windows, doors and conservatories for domestic properties on a commerical basis.

The company serves the middle to top end of the market and has excellent supply agreements in place with two leading profile companies. The business is FENSA registered and is also a member of CHAS and BSI. The company operates from purpose built premises with ample room for further expansion.

The business works in both the public and private sector and continues to work with many housing associations both direct and via their approved contractors. Works include housing stock, schools and other public buildings. The majority of work is based within the North West

The business provides a complete turnkey solution from initial design, using the latest software packages right through supply, installation and final commissioning. Range of pruducts include casement windows, tilt and turn, top- swing pivot windows as well as doors and conservatories, not to mention glass and glazing.

Equipment:

The company has invested in a good level of plant and equipment (current values circa £100-120,000) in order to manufacture and operates from purpose built premises.

The business utilises leading design and manufacture software packages supplied by their supply partners and also utilises Sage accounting software to run the administrative functions of the business. All equipment is included within the sale.

Customer Service:

This business takes customer service very seriously, especially as it only supplies and fits premium quality units. As already mentioned the company is FENSA registered and also a member of both CHAS and BSI.
The companies manufactures to the following standards:

BS EN 1279 BS EN 7412 BS EN 7950

Key Strengths:

• Management team
• Customer base
• Top quality products manufactured and installed to the highest level
• Superb supplier relationships
• Accreditations
• Loyal and trusted staff
• Complete turnkey operation
• Good level of plant and equipment
• Excellent freehold site

The business is well respected for its honest, reliable and professional approach, which has created a strong trading base.

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 business currently achieves turnover circa £1.5 Million per annum with resultant gross profits circa £150,000 p.a. There is huge scope to expand the current operation such is the reputation this business enjoys and the infrastructure it has in place. A new owner with new levels of energy and initiatives could easily expand the current operation and increase revenues further. The freehold itself is a sound investment opportunity.

Property information

Property:

Freehold

Location:

The business is located on a excellent purpose built freehold site with good access. The premises comprise 2 units totalling circa 14,000 square feet. The buildings are modern with good finishes. There is lots of parking available. The site is circa 0.72 Acres.

The asking price includes the freehold. Freehold value is circa £700,000. Current rates are circa £22,840 p.a.

Business Operation

Expansion potential:

The business has currently achieves sales of circa £1.5 million p.a.. However prior to that the business had achieved sales figures of circa £2.9Million p.a. (with typical Gross Profits circa £500,000 p.a.) prior to the recent economic downturn. At current levels the business is producing circa 150 sealed units a week but it has the capacity within its current set up to increase that figure to circa 400 units a week.

Competition / Market:

The business undertakes very little advertising preferring to rely on word of mouth recommendations and referrals. Probably 90% of all business is generated in this way. The business also has an informative website that requires further work to improve the company’s internet presence.

Reasons for selling:

This is a genuine retirement sale.

Employees:

The vendor does not work within the business and has put in place a structured management team to run the business including The business currently employs some 18 people in total all of whom are full time. 1-FT Operations Manager 1-FT Factory Manager 1-FT Profiling Manager 1-FT Administrator 1 FT System Processor 1-FT Driver 12-FT Production/Installation Operatives. 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.

Other information

Support & training:

The current owners would be happy to provide full training and support at handover.