Asking price: £675,000

Sales revenue: £1,250,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Retailer of Glazing Products to the Domestic & Trade Markets
Windows Doors Conservatories

Established in 1980, this highly successful company principally supplies high quality glass and glazing products to the domestic markets. This is a highly professional company that complies with all the current British Safety Standards and supplies to local builders and schools.

The glass and glazing services include double glazed windows and doors, patio doors and conservatories. In addition the company undertakes repairs, and sub contracts all installations, including fascias, soffits and guttering. It also fabricates timber subframes in house.

This business has been under the current ownership since inception and has grown from strength to strength, offering flexibility in taking on work that others businesses shy away from. This service, quality and flexibility have been a key factor of this successful efficient and well-organised business, which has gained a great deal of referral business from many satisfied customers.

The company has worked hard to gain an enviable reputation for both products and service, with some products custom made to suit customers' requirements. Image is also extremely important, staff work in a responsible way to uphold the company's strong profile, never letting customers down and always ensuring an excellent quality control and after sales service.

Ideally positioned in a highly visible, premier location in South London, the substantial facility is well equipped and has plenty of potential and an exceptional market position. The company is extremely labour efficient, which is down to three things - products, people and attitude.

This business has earned an excellent reputation over the past twenty-eight years for its friendly and reliable service. Contracted staff are tidy and ensure constant communication with clients whilst striving to meet their individual needs. The business has a strong emphasis on service and always exceeds client expectations due to their personal and professional service, giving the business a definitive competitive advantage.

Equipment:

The business is fully computerised, with all clients maintained on a comprehensive database. A bespoke software system is used to maintain leads, sales performance, lead source performance, contracts and installations.

Customer Service:

Customer feedback is excellent; the company is all about offering first class customer service and customer care, looking after individuals and giving safety and security in customer's homes or businesses.

Key Strengths:

This business has built an excellent reputation and specialises in glazing any type of glass, all fully guaranteed. The team offers a wide range of experience and skills that can provide solutions for any glass and glazing requirements. The business values customers and gives an immediate response to all enquiries for estimates and advice.

All products comply with BSI standards, ensuring an end product of high quality, safety and security. The business is also a member of Fenestration Self-Assessment (FENSA), Glass and Glazing Federation (G.G.F.) and “Trustmark” Government Endorsed Standards.

Key Product U.S.P.’s that competitors have not focused upon.

Unique pricing formulae for consistent profit margin and fitting rates.

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.

Turnover is circa Annual Turnover circa £1,250,000 and Gross profit of circa £365,000.

Employees: At present, the business is family run, with three sales and five fitters who are self-employed, but have been with the company for many years.

Trading hours: Monday – Friday 9.00 am – 5.30 pm Saturday – 9.00 am – 5.00 pm

Location
The business operates from an excellent high street location in South London, showcasing more than forty types of displays. In addition, the business has a separate depot housing all the woodwork machinery and storage.

Expansion potential
With a steady increase in the building market, and continuous demand for quality products at reasonable prices, the business is well placed to expand into the market offering full double-glazing. A new owner could develop a new management structure and contribute fresh ideas and outside influence to build on this excellent base.

Competition / Market
The business receives most of its work from referrals. Current advertising is undertaken through the Yellow Pages and leaflet drops undertaken every week to between 15 – 20 thousand households per week. In addition, the business has an informative website, detailing all products and services. Also Yell.Com, G.G.F. website, local authority trading standards, “what tradesman” scheme, football ground billboard, sponsor school football team kit, sponsor “young musician of the year” locally.

Support & training
Full support and training will be provided to the successful purchaser.

Reasons for selling
This is a genuine retirement sale.