Manufacturer Of UPVC And Aluminium Windows And Doors For Sale

Business description

This well regarded and respected independent manufacturer of uPVC and Aluminium Windows, Doors and Conservatories has been successfully trading since 2000, and is still growing year on year. After starting a retail business supplying and installing windows, doors and conservatories in 1980, and buying in units from a range of suppliers, the vendor of the business decided to start a manufacturing operation with his partner, and bring all the work in-house. The retail business is still successfully trading, and also offered as a separate going concern for sale.

From the outset, the owners of the business decided to concentrate on producing the best quality products, and as such, purchased some of the best manufacturing plant on the market to fit-out the factory. Although there was plenty of work to feed via the partner retail operation, the business rapidly grew due to the quality of workmanship, at competitive prices, and with fast and flexible turnaround on orders.

The business now supplies other window, door and conservatory retailers through-out London and the South East, builders, construction firms and a huge number of independent contractors / window fitters across the region. There is a busy trade counter on-site which allows window fitters to stock-up on consumables when they call to pick-up their orders.

All units are manufactured to the highest standards, and meet regulations allowing for full CE markings and accreditation, and are “A” rated for efficiency. The business is proud to produce top-end aluminium units in-house, and has the rights to produce and distribute one of the finest ranges in the UK on behalf of a well respected German manufacturer. This brand and top of the range bi-folding aluminium doors are finding many new customers and wide interest in the market.

Due to the quality of the workmanship, and welding units utilised by the company, they can compete at the top end of the market, whilst also supplying more cost effective products for the price conscious end user.

The factory is a true one-stop shop for all independent retailers and fitters looking to supply a full range of doors, windows and conservatories to their customers. With the on-site trade counter, the business has a large list of loyal and long-term customers, a number of whom return on a daily basis, and are happy that they can fulfil all their needs in one place and at one time.

Equipment:

In the factory unit, the business uses the highest quality, computer controlled “Elumatec” machinery. Including 2 saws, a large bed saw and angle welding machines. These machines can all take designs straight from computer drawings when required, for fast turnaround on production orders. In the office, there are a number of office P.C.’s and a main server which holds all financial accounts on SAGE and the customer database. The trade counter has a cash register and can accept credit card payments.

Customer Service

The founders of the business have paid a great deal of attention to customer service, and levels of satisfaction from the outset. With a focus on the quality of products, the levels of returning fitters on a daily basis, and long term retail clients is testament to the levels of customer service.

Key Strengths:

The business is well placed geographically to serve a huge client base across the South-East with a particular focus on the M25 and Home Counties area. The factory can handle all types of products, and produces units at the higher end of the market which gives rise to excellent gross profit margins. With a 10 year trading history, and a still growing client base, the business has a very stable level of trade with a wide and diverse customer base arriving daily. Although fully independent, the exclusive manufacturing rights with key European brand names, is a great asset to the business. The business benefits from the direct marketing produced by these companies, and with some state of the art designs which can only be produced by the company in the UK, there is a constant stream of new customer either directly, or in-directly requesting the factory’s products.

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.

For the last years trading Turnover was circa £1,000,000, with Gross Profit circa £400,000 and Adjusted Net Profit circa £150,000 once Directors Salary, Depreciation and certain Sundries has been considered. Plant and machinery is valued around £60,000.

Property information

Property:

Leasehold

Lease terms:

The premises are leased directly from the local authority, with annual rent around £28,000, and business rates payable around £24,000.

Location:

The business is located in small light industrial park in Hertfordshire. The premises occupies around 10,000 sq ft, with 8000 sq ft of this devoted to the factory and on-site storage. There is further storage on the 2000 sq ft mezzanine floor, which also houses a small office and kitchenette area. There is a separate entrance for the trade counter, which rear area leads through to the storage area, and on to the factory floor. The business also benefits from secure outside storage, and 2 large storage containers.

The premises are leased directly from the local authority, with annual rent around £28,000, and business rates payable around £24,000.

Business Operation

Expansion potential:

The company is well placed for future growth, with more enquires coming in daily for the highest quality and unique aluminium products, along with the well respected uPVC range of units produced. The factory and machinery has the capacity to increase the range of profitable aluminium products. The vendors feel that with a further marketing push to the trade, the business could receive and handle even more orders, without greatly increasing overheads. Due to the partnering with the other retail business, the factory does not currently offer an in-house window fitting service. New owners may wish to take this opportunity by offering a fitting service to end users visiting the factory to source their windows and doors directly. There is also a great opportunity to market the manufacturing service other window retailers across the UK.

Competition / Market:

The business attends 2 large exhibitions per year including the Ideal Home Show with the partner retail company, where many direct orders are received. There is also advertising in the local press, and a Trade Website where customers can design and build their own units for order. The business has also taken regular advertising positions in trade magazines for window and door fitters in the South East. The business receives the benefit of marketing material and advertising campaigns conducted by the European Branded products which they manufacture under license in the U.K.

Reasons for selling:

One of the vendors of the business has been in the industry for over 30 years, and as he is nearing retirement, is looking to handover the operation to new ownership. His partner will also sell his stake, or consider staying on with the business in some capacity should that be of interest to all concerned.

Trading hours:

Monday – Friday: 7:30 am – 4:30 pm
Saturday: 7:30 am – 1:00 pm, with overtime available during peak periods

Employees:

The business is operated by 2 co-Directors who between them are responsible for overall Business Administration, Sales and Operations. In the factory there is a full-time Foreman, full-time Charge Hand, and 6 full-time Fabricators. The Fabricators have been on company courses in Germany and Belgium to gain certifications. In the office, the company employs a full-time Office Manager, and 2 part-time Office Assistants. The business also employs a Trade Counter Supervisor, a Trade Counter Assistant / Delivery Driver and a Warehouse Assistant.

Years established:

2000

Other information

Support & training:

The vendors will be delighted to agree to a handover period for the successful transition of operations to new owners.