Home Improvements And Double Glazing Company For Sale

Business description

This company was established in 1997 and has established itself as the leading supplier of windows, fascias, soffits, guttering and conservatories in the area. The business services the requirements of customers within a thirty mile radius and it is also on the registered list of approved suppliers for schools and housing associations in the area.

Uniquely much of its work comes from referrals from builders, architects and subsequently satisfied clients. Such is the demand for its services the business maintains an average forward work load of four months. The business does not use pressure selling techniques and has a sales conversion rate from fifty percent of potential customers. This is well above industry standards.

There is also a large database of customers whose installations are backed by an independent ten year guarantee.

Equipment:

The operation uses Windowlink and specialist CAD software to help them design the conservatories.

Key Strengths:

Financially sound
Four months advanced work
Well established with a strong positive reputation.
Good geographical location with minimal competition.
Strong sales performance
Hands on management.
Close knit team.
Highly professional approach.
Quality product.
Large database

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 operation enjoys a turnover of around £1,700,000. Its buying power has lead to a reduction in the cost of its materials and this is reflecting in a strong increase in profits that are tracking to be circa £170,000 in the present financial year.

Property information

Property:

Leasehold

Location:

The company can be found on a well-known and well-positioned trading estate close to the centre of this Dorset town.
It occupies leasehold premises totalling circa 3750sq ft. consisting of offices, showroom, reception and two storage units.

Other information

Expansion potential:

There are a number of areas in the home improvement market that could be developed to generate further revenue streams and the existing large database would be an ideal start point to market flat roof systems, solar panels, Burglar alarms, Garage doors and possibly block driveways.

Competition / Market:

The business maintains a good profile in the area and measures where every lead comes form. They use the local free paper and advertise on the local radio station. The company runs ten fully sign written vehicles.

Support & training:

There will be a full and professional handover for a period to be agreed as part of the sales negotiations. The second director may be willing to remain with the business for a longer period subject to a suitable arrangement being agreed.