Design Manufacture Fitting of Aluminium Shop Fronts Company For Sale

Business description

This is an excellent opportunity to aquire a company which was formed by the current owner in 1981. The company offers specialist services in the design, manufacture and fitting of aluminium shop fronts. They offer a comprehensive turnkey package for a growing number of Blue Chip, High Street customers, from inception to conclusion. They are renowned for their excellent quality and reliabillity of being able to meet deadlines, whilst maintaining a competitive edge.

The company has grown from its initial limited resources, to its position today as one of the leading players in its specialised field in the UK. Testimony to the quality of work which the company produces, is the fact that the company has not lost a single customer in the last 15 years of trading. There are numerous testimonials from customers, who are happy to have become regular clients of this highly reputed operation.

This is a business which has a regular order book and is always busy, they generally have at least three months work in hand, but will always accommodate regular customers by means of working overtime or even weekends. There is a solid nucleus of skilled and semi skilled staff within the company.This has enabled the provision of total solutions, to meet customers precise requirements in terms of deadlines,costs and quality.

Property information

Property:

Leasehold

Lease terms:

The lease is approximately £130,000 per annum with rates of circa £60,000 per annum.

Location:

The business is run from a Leasehold industrial unit of circa 35,000sq.ft. There is room for expansion within the unit and also the possibility to further extend within the industrial park. Within the unit there is a large workshop, with other specialist workshops attached. There are offices, including the design office and there is a large yard outside for loading and unloading, plus a large area for car parking.

The lease is approximately £130,000 per annum with rates of circa £60,000 per annum.

Other information

Expansion potential:

The company boasts a strong base of satisfied clients, who are continously opening new stores and upgrading the image of their older ones. The order book is always full, and there is no seasonal highs or lows for this type of business.

The current owner and his team have driven the company forward to its current size, but there is enormous potential to increase the order book and drive both the turnover and profits higher with further investment in the business.

To grow the company it would need to employ further skilled workers, to enable taking on more contracts from existing clients and new ones.

Apart from the shop fitting work that the company specialises in, there is a shortage in the market place for companies to take on emergency glazing work. This is very profitable and an area which the company could easily expand in to.

There are no direct sales people in this company and there has been no need as their order book is always full. If the company were to expand with spare capacity, this is an obvious area to look at.

The majotity of the raw materials bought by the company are from UK sources. There is a cost benefit for bulk buying of alluminium purchased from the Far East. This is another area were cost savings can be achieved within the company and something they are looking at.

Support & training:

The business runs smoothly with an excellent management team in place. The owner would be happy to help for as long as necessary with the handover of the company.

Reasons for selling:

The owner has been in the industry for over 25 years, including starting the business from scratch over 15 years ago. He now believes the time is right for a new owner to take the business forward, and he would like to pursue other interests.