Summary
- Asking price:
- £175,000 (Furniture / Fixtures included)
- Sales revenue:
- £500k < 1m
- Cash flow:
- £100k < 250k
- Years established:
- 2003
- Employees:
- This business is run by the vendor with one assistant. The fitting is done by self employed sub-contractors. Any critical surveying is sub-contracted to a self-emplyed surveyor.
- Relocatable:
- This business can be relocated.
Business description
This very profitable Double-Glazing and Conservatory business is both a retailer and trade distributor for its very wealthy catchment area. The Vendor provides an administrative and management role. Even the sales process is sub-contracted
Property information
- Property:
- Leasehold
- Lease terms:
- A new lease is about to be granted. £6,950 pa for the showroom plus £2,000 for the adjacent storage buildings.
- Location:
- The business occupies a recently refurbished single story retail showroom on the main road going through a very prosperous Surrey town close to the M25.
Other information
- Expansion potential:
- The Vendor is currently being distracted by other business interests. Without those distractions and with some marketing and promotional activity a new owner could improve on this already thriving business. This is a huge market and the business is surrounded by a large and affluent potential customer base with very little serious competition.
- Competition / Market:
- This business is the well established dominant local supplier. What local competition there is is comparatively small. The order book does not show any signs of slowing down.
- Support & training:
- Full support is offered with reasonable expenses to be paid by the buyer
- Reasons for selling:
- The Vendor is currently being distracted by other business interests.
- Trading hours:
- 9 - 5:30 plus a 7am start by the assistant to dispatch the fitters.
- Financing available:
- The audited accounts of this limited company will assist greatly if any potential purchaser needs to raise finnce.Our recommended broker, an independent broker specialising in business purchases can help you obtain the right finance for your circumstances. Please contact us and we will connect you to him.