Asking price: £200,000

Sales revenue: £341,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
The company has been established for approximately 20 years and supplies an extensive range of high quality internal and external doors and door frames. Acquired by our clients in 2006, the company has rapidly expanded to become one of UK’s leading suppliers, retailing to clients throughout the country and gaining an excellent reputation. The business offers a comprehensive service, from initial design through to installation with a comprehensive after-sales support service.

Years established: 20

Employees: The company is operated by our clients, full time, one being responsible for sales and joinery the other for sales and administration. The business employs a manager with circa 20 years experience in the industry, and a highly motivated apprentice. Installations and fittings are carried out by sub-contract joiners and carpenters.

Trading hours: Monday – Saturday 9.00am – 5.00pm

Property: Leasehold

Lease terms
We are advised that the premises are Leasehold Original Length 6 years Remaining 6 months Rent £950pcm NB – We are advised that the two self-contained apartments yield a combined rent of £800pcm

Living accomodation
Above the unit there are two self-contained apartments which are currently sub-let by our clients on a short term basis.

Location
The company trades from well presented commercial premises set on an established retail parade. The unit benefits from excellent exposure to both pedestrian and vehicular traffic.

Expansion potential
Our clients are confident that the business offers significant scope for growth and believe that a new owner may wish to develop the business in the following key areas: • Product Range – A new owner may decide to widen the existing product range beyond residential doors and door frames to incorporate additional home improvement related products. • Bespoke Joinery – An additional area of the business which could be exploited would be undertaking specialist joinery projects within the domestic and commercial sectors. • Outlets – A new owner may elect to open additional retail outlets across the South East. • Franchise – With such an excellent and well known reputation across the South East region, a new owner may choose to build upon the company’s reputable brand by developing a network of franchised businesses. • Website – Whilst the website currently generates a significant number of enquiries, a new owner may wish to develop this aspect of marketing by further optimising the website and developing a warehouse/distribution centre. • Fitting Teams – Our clients have restricted staffing levels to a minimum, electing to utilise sub-contract fitters. A new owner may decide to bring this element of the business in-house and employ their own installation staff. • Trading Hours – A new owner may decide to extend the current trading hours, particularly Sunday opening.

Reasons for selling
Alternative commercial interests