Highly Profitable Window Company in Henfield For Sale

Situated and well-established in an excellent trading position ripe for expansion, or for a reliable stream of income. With a Head Office and showroom in West Sussex and a prominent showroom in the Brighton and Hove area.

The Head Office and Administration Centre includes excellent office accommodation with easy access to major transportation routes to both East and West Sussex, Surrey and London.

Turnover £ 27,500
Price £410,000

Features

Well-established & Highly Regarded Glazing & Home-improvement Company

Founded in 1988 and built on the principles of supplying good-quality products, professional installation and excellent customer service.

The company has developed a strong reputation for approaching 40 years and has an established customer base, substantial repeat and referral business and an experienced management and installation structure.

The business specialises in the supply and installation of:
• Windows and doors
• Conservatories
• Porches
• uPVC, aluminium and hardwood products

The company does not rely on cold calling. The majority of its business comes from its substantial existing customer base, recommendations and reputation built over many years.

It has memberships and registrations with a number of recognised industry organisations, including:

• Checkatrade
• National Federation of Glaziers
• Guild of Builders and Contractors
• FENSA
• CERTASS

These provide additional reassurance to customers and reinforce the company's established reputation for professional and ethical trading.
Premises

The company operates from a leased Head Office and showroom in West Sussex, providing excellent office accommodation and convenient access to major transport routes serving East and West Sussex, Surrey and London. There is also a prominent leased showroom in Brighton & Hove, which is open six days a week.

The business therefore has a well-established physical presence in an important and affluent geographical market.

Turnover

The business consistently achieves turnover of approximately £1.2 million per annum for the past six years.

Profits have varied during this period, reflecting the changing conditions within the home-improvement and glazing industry.

It is DEBT FREE and currently has approximately £200,000 working capital and an order book of approximately £250,000 - £300,000.

Staff

The company has an existing management structure, experienced installation teams and an established surveyor.

The Head Office is supported by a Managing Director and Administrator, while the Brighton showroom operates with its own staff and salesperson.

This means the business is not dependent upon the owner being involved in every aspect of its day-to-day operation.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the showroom are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2021 until December 2026 at a current rent of £18,000 p.a.

We further understand that the landlord, subject to satisfactory references, is prepared to grant a new lease at terms to be agreed at a starting rent of £23,000.

WE HAVE BEEN INFORMED BY THE VENDOR that the warehouse are held on a SECURE RENEWABLE lease (private landlord) granted for 7 years in 2019 with no rent reviews at a current rent of £9,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

The present owner has more than 40 years' experience in the glazing industry and remains actively involved in the company's sales function. Having built and developed the business over many years, he now wishes to retire. He is, however, prepared to remain involved for an agreed period following the sale to assist the purchaser and ensure a smooth transition of customers, suppliers and relationships.

It represents an attractive opportunity for:
An existing glazing or home-improvement company looking for a well-established bolt-on acquisition, with an existing customer base, showroom presence, experienced staff and significant working capital.

Alternatively, it could suit an individual with an interest in the glazing industry who wishes to take over an established and respected business and assume the owner's sales role, with considerable scope to develop the company further.

The company could be operated as a steady and established trading company, or there is significant potential for expansion through additional marketing, sales development and the utilisation of the existing infrastructure.

It has already established the difficult foundations of a successful business: reputation, customer relationships, staff, premises, suppliers, systems and an established turnover. There is therefore considerable potential for a new owner to build upon what is already there.

Price

The business is offered via share transfer for £410,000, stc.

This includes the company's approximately £200,000 cash asset and four fully owned vehicles, and a large customer base.

The asking price reflects the established nature of the business, its consistent turnover, debt-free position, working capital, order book, assets, premises, customer base and the opportunity for a new owner to develop the business further.

This business is not being offered as a passive investment opportunity. It is a genuine trading business which would suit an owner-operator, existing glazing company or strategic purchaser who can take an active interest in the business and its future development.

Further financial and operational information can be made available to suitably qualified prospective purchasers, subject to appropriate confidentiality arrangements.

Finance

Subject to status, you maybe able to borrow up to £ 205,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote