Asking price: Undisclosed

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Key Points:
Longstanding reputation in architectural glazing
Specialising in both standard and niche projects
Full range of services; design, material sourcing, fabrication & fitting
Typically high complexity projects; project values £50,000-£1,700,000
10,000 sq ft production facilities with capacity for significant expansion

Business Activities:
This ISO 9001 certified business, established over 20 years ago, has built a solid reputation as a company that architects and main contractors will turn to when the requirement is technically challenging and highly complex. Its highly competent team cover all aspects from solving technical design requirements, through material sourcing, in-house fabrication, on-site installation and project signoff. Past projects have included; commercial buildings, shopping centres, schools and high-end residential. All work is generated from referral.

The turnover for the past 2 years has been £3,760,000 in 2008 and £2,890,000 in 2007, and is forecast to do approximately £2,000,000 in 2009. The business has had to adapt to the recent construction industry turmoil, which has lead to several big ticket projects being delayed, postponed or reworked to tighter budgets. The results of these changes are starting to be seen.
The 10,000 sq ft premises are fully equipped to undertake both standard and specialist architectural glazing design and fabrication projects, as required. The volume of work that could be undertaken on the premises at full capacity represents revenues in excess of £10,000,000. The premises are leased, with approximately 6 years left of the current term. The business is located within easy access of London and most projects undertaken have been in the London, South East region.

The owners work in the business in management and administration. Two are retirement age and wish to exit after a suitable handover to new management, while the other is happy to remain with the business following sale. The remaining workforce of 27, including draughtsmen/designers, estimators and production management staff, is fully retainable.

We believe this business may be of interest to the following categories of buyer:
- Building Envelope Contractor or Specialist Contractor with a regular requirement for architectural glazing within projects who could benefit from bringing this capability, and the associated margins, in-house.

- Existing Architectural Glazing Specialist seeking extra capacity, high end capability or re-relocation.

Sale Basis:
To receive further information on this business please click "Contact Seller" at the bottom of this page. We will then automatically send you our Non-Disclosure Agreement (NDA). You will need to print and complete this form and return it to the address on the form. We request this document to protect the confidentiality of our clients.

We unfortunately will not be able to contact you with any further information until we receive this Non-Disclosure Agreement through the post.

Could you also please ensure you add the seller reference number of the business to the NDA so we can identify your business of interest. The reference number can be found at the top left of the business advert and is normally four to five numbers.

We look forward to receiving your Non-Disclosure Agreements.

Relocatable: This business can be relocated.

Property: Leasehold