Asking price: £2,500,000

Sales revenue: £2,500,000

Net profit: £450,000

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Freehold Retailer & Installer of Aluminium and UPVC Windows, Doors, Conservatories and Associated Products - Domestic and Trade Market

This is a family run award winning business and has been trading for over 14 years, retailing and installing high quality UPVc windows, doors, and conservatories. They operate from an extensive showroom in Essex. The business has been built on outstanding levels of service, excellent craftsmanship, first class quality products and value for money prices.

This established friendly business is providing traditional values such as reliability, value for money and outstanding customer service as well as incorporating the latest in conservatory products, innovation and design. Many styles are available in both windows and conservatories that enhance either the traditional values and look or add a modern appeal

The business employs first class craftsmen to fit windows and doors so that the finished product looks good, performs well and compliments the original house fittings and style. Inside and outside trims are decided to suit the particular application. It provides customers a range of bespoke items and offers customers a full service from a free quotation to order and installation. They have a team of 6 regular sub contractors who do all installation work ensuring the quality is maintianed and always of a very high level and satisfactory completion.

Whether it is windows, doors, conservatories or associated products that are required, every customer is considered unique and is treated accordingly. This business offers the best selection of UPVc, conservatories, windows and doors All customer orders are designed and made to measure ensuring that the finished product will be the perfect addition to any customer’s home and providing years of pleasure and satisfaction

The business provides a complete turnkey solution from initial design, using the latest software packages right through supply, installation and final commissioning. It is FENSA registered, Glass and Glazing Federation member and also a member of Plastic Window Federation and the Guild of Master Craftsmen. Most of the products that it makes are guaranteed for a full 10 years against discolouration and deterioration of the specially bonded wood-effect finish. They provide document L complaint windows, doors and conservatories.

This company enjoys a superb reputation throughout the area for the quality of work, wide range of products and the strongest independent local brand. It is highly profitable and occupies a wonderful location. This allows for excellent growth potential and an attractive business venture for a newcomer or existing trader.

Equipment:

This company has all the equipment normally associated with a business operating in this sector. It uses 7 sign written vans and 3 sign written cars which provide additional advertising for the company.

Technology:

This business has invested extensively in its technology base, and utilises Computer-Aided Design software that enables the drawings and production of products to be clearer and more precise. The business also uses Evolution Software.

Customer Service

This business takes customer service very seriously, especially as it only supplies and fits premier quality units. This is demonstrated by the fact it offers a 10 year guarantee for its units. The company is FENSA registered and also a member of the Glass and Glazing Federation.

The business benefits from strong recommendations and repeat business. They provide the highest quality service and fast, efficient and helpful installation for their large and varied customer base offering a range of products, designs, plans and quotations and technical surveys to ensure details are always correct. This excellent attention to detail ensures good quality results and guaranteed satisfaction.

Key Strengths:

The business is well established providing a wide range of products. It is seeing the retention of a high level of repeat business, particularly among a number of clients returning over the years and through many house projects and moves. The company has earned an outstanding reputation already for its value for money, reliable service, efficient job completions, and excellent quality work. It is the strongest local brand and has highly skilled, experienced staff.

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.

Annual turnover is circa £2,500,000, generating adjustable net profit of circa £450,000.

Employees: The business is founder-owner run with a very loyal work-force consisting of 6 full-time employees and six sub-contract installation teams. The full time staff comprises of one storekeeper, one book keeper, one receptionist, one manager, and two general administrators.

Trading hours: The showroom is open six and a half days every week.

Property: Freehold

Location
The business operates from a freehold property, centrally located in Essex. It benefits from an extensive showroom with two levels and a fully racked warehouse. It also benefits from a large car park that offers ease of access for customers and passing trade. The freehold property has been valued as £1,200,000.

The premises have 3 phase electricity and security alarms.

Expansion potential
The company has earned an excellent reputation for its wide range of products, quality work and value for money. Business is achieved through word of mouth recommendation and repeat business. The company uses a core of regular sub-contractors who complete the installation work, including door and windows fitting. There is a range of glazing options and a selection of patterns and finishes to further enhance conservatory living. There are many excellent avenues for growth, especially with new products such as solar panels or other home improvement items. Also identified as a possible avenue for growth would be internet marketing products like conservatory kit or other ancillary items. Opening additional depots and franchising out the business could also increase turnover substantially.

Competition / Market
The business undertakes little advertising preferring to rely on word of mouth recommendations and referrals as well as repeat business. It is listed in the local papers and utilises local radio. The company further advertises through their extensive and user friendly website. It also has vans and cars which are signed written and advertise throughout wide area.

Support & training
Our client is more than willing to nurture a new owner operator into the business in order to ensure a smooth transfer is achieved.

Reasons for selling
The owner wants to concentrate on other business opportunities.