Asking price: £495,000

Sales revenue: £570,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Bag a Business Ltd is delighted to offer for sale this highly regarded manufacturer and installer of double glazing, windows, doors and conservatories. Coastal Glass and Glazing has been established since 1999 and has built up an enviable reputation throughout the area. Currently it has an annual turnover of £570,000 achieving a 43.3% gross profit. The business manufactures all its own window units and cuts its own glass. It has a 50/50 split of contract and private work, and also supplies a number of smaller suppliers, DIY shops, and glass merchants in the area. This is a particularly attractive purchase as the business is run very much at a pace to suit our client and is ready to expand throughout the North West, North Wales and across to Anglesey. There has been negligible advertising activity except in Yellow Pages, no external sales force, with the majority of business coming from repeat customers and word-of-mouth recommendations. The company has invested heavily in state-of-the-art glass cutting and computerised manufacturing equipment thereby keeping labour costs to a minimum. This is a unique opportunity to purchase such a thriving local business only brought to the market due to retirement. Early discussions with Bag a Business Ltd must come highly recommended.

Property: Leasehold

Lease terms
Leasehold Original: 7 years Remaining: 6 years Review: 3 years Rent: £500 per week

Living accomodation
PROPERTY DETAILS 6000 ft.sq manufacturing facility within enclosed secure yard. GROUND FLOOR Manufacturing warehouse facility - 6000 ft.sq Full height roller shutter and external doors x 2. Conservatory, door and window displays. Accounts office Manager's office Software/drawing office Staff canteen WC 'Bohle' glass cutting machine (can cut 1800 pieces of glass in an 8 hour shift) Glass wash unit Glass storage units Spacer bar storage, spare tables, additional hot melt machines. PVC storage (only uses 'Matrix' pvc products) Steel strengtheners Double edge saw Computerised saw Grout machines 2 x triple headed welding machines Grooving machines Space bar cutting benches Assembly area EXTERNAL Corner site Secure yard with ample staff and visitor car parking facilities Perimeter fencing and double gates

Location
Coastal Glass and Glazing is located in a prominent and desirable trading position on Cefndy Road within Rhyl in Denbighshire. The business occupies a warehouse and manufacturing premises with an internal area of approximately 10,000 ft.sq as well as having a spacious secure yard with ample staff and visitor car parking facilities. It is surrounded by a variety of other business parks and industrial estates as well as being only half a mile from the centre of Rhyl. The business is easily accessible, being just off the main A525 trunk road connecting Rhyl to the A55 Expressway. This is a prime trading location, from which to trade throughout North Wales region.