Asking price: £160,000

Sales revenue: £350,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This is an excellent opportunity to acquire one of the foremost fencing and leisure building manufacturers and retailers in the South West. Established in 2004 the company produces a wide range of timber leisure buildings including Stables, Workshops, Garden sheds, Portable buildings, Summer houses, Partitions and fencing for domestic and commercial purposes.

All products are manufactured on site by a well established and experienced team of employees who will also install and erect on site. The business produces high quality items and does not manufacture for the cut price market. The operation has a customer catchment area of around thirty miles from its locations. These are both within ten minutes driving of the M4 and M5 motorway giving great access for both buyers and suppliers alike.

Equipment:

The company has a single workshop well equipped with bench saws, cross cuts and compressors plus a large range of hand tool

Customer Service:

The business has grown due to a number of factors. It has established strong commercial links with around twenty regular clients and an ongoing footfall from smaller commercial and domestic customers who have heard of the company by reputation and by referral.

Key Strengths:

Well established in the area with a strong reputation
Excellent range of suppliers
Wide product range
Quality products

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.

The accountants are presently preparing the up to date figures which will be available on request from the vendor. In the absence of audited accounts the directors advise that the business has an annual turnover of £350,000 with gross profits being circa £180,000. Stock levels remain stable at £30,000.

Years established: 2004

Employees: One director Three manufacturers One driver / manufacturer One fencing erector One general labourer

Property: Leasehold

Location
The company operates from two leasehold sites both of which are available to rent. The vendor will provide exact site details and measurements.

Expansion potential
This is a sector that continues to grow year on year. Sustainable timber products have increased in popularity and the business could expand by establishing trading relationships with garden centres. DIY stores and local authorities who are now regularly investing in equipment for children’s playgrounds. The business would benefit from a fully developed website with a full photographic brochure of all available products. A strategic marketing plan in regional papers and journals would also create additional revenue streams.

Competition / Market
The company has its own web site

Support & training
The director is extremely keen to see the business continue to flourish and will therefore make sure that there is a full and professional handover for a period to be agreed as part of the overall sales process.

Reasons for selling
This company’s founding director wishes to retire.