Asking price: £543,000

Sales revenue: £769,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales is pleased to offer to the market this well established conservatory roof manufacturer which as been trading successfully for the past 8 years.

The current vendors have been in constant ownership since its inception, and are now reluctantly selling due to emigration and retirement.

The company specialises in conservatory roofs using the Eurocell system which ensures speed and ease of installation at site and dispenses with the need for silicone sealing, therefore reducing the risk of water ingress. Roofs can be made in either a wide range of different glazing or polycarbonate.

All roofs are erected in the factory to check for fit and size before being made up into a ‘kit’ with full make up directions for the fitter onsite. This system of operation ensures constant quality and minimises customer complaints.

This level of bespoke service and supply has built up a high degree of respect from the customers, which has increased year upon year.

The company only deals with trade customers and is FENSA registered.

It is only one of a handful of manufacturers in the UK using the Eurocell system and is probably the biggest independent manufacturer to be doing so.

The company is turning over good figures and is showing impressive profit margins. There is excellent scope to increase trade with aggressive national marketing and the owners are quite prepared to offer this business with its 6,000 sq ft factory as either a freehold or leasehold with an option to buy the freehold at the end of the lease term.

The business would be ideal for either a person who has been in the glazing industry for some time or as an acquisition for a double glazing company.

We are advised that stocks are in the region of £25,000 and Work in Progress of around £12,000.
REF: 9196WS

Leasehold is available at £243,000+SAV

TENURE: Freehold or Leasehold
Original lease: 5 years
Remaining lease:
Review every: 5 years
Rent: £24,000

We are advised that the annual business rates are currently: £9,500

There is the option to buy the freehold at market value at the end of the lease.

Employees: The business is run by the 2 owners plus 1 production manager, 2 full time fabricators, 1 full time driver and 2 part timers in the office.

Trading hours: Mon-Thurs: 8.00am – 5.00am Fri: 8.00am – 2.30pm

Property: Freehold

Location
Our clients business is conveniently located in an industrial estate in the West midlands.

It has excellent road networks, close to the M6 and M5 motorways which is highly important to its IK wide customer base.

The west midlands, with it such heritage of fine engineering is an ideal location for such a company to have been nurtured and indeed with a new owner to expand in.

Expansion potential
Current production is 20 roofs per week, there is potential to double the production to 40 with additional fabricators. There is also potential to expand the business further by increasing customer database, this role would be ideally suited for someone with a sales background.