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Business for sale in United Kingdom - En003-glass processing & manufacturing company supplying sealed double glazed units, toughened, patterned & safety glass-merseyside

Asking Price: 700,000 £ Real Estate: Lease
Sales Revenue: 1,000,000 £
Net Profit: 100,000 £
Year Established: 2000
Employees: 14FT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/City of London/Merseyside

Business types:

Manufacturing

Business categories:

Other Manufacturing ; Stone, Clay, Glass & Concrete

Business description

This very well respected and established company manufactures and supplies a broad range of glass products to a wide variety of commercial customers throughout the north west region. The company has been trading for many years and in that time has grown in terms of infrastructure, reputation, clinet base and personnel into the professional operation that exists today. the company has invested significantly over recent years in a high level of plant and equipment that enables it to provide customers with a one stop solution with all production and processing being done in house. This includes an optimised computerised production system. because of this the business can provide unique styles and specifications of sealed double glazed units to bs1279 standard. (approximately 50% of current turnover if from the gouble glazed sealed units). The remaining 50% of turnover comes from the manufacture and supply of toughened/safety glass and patterned glazing. the company has a large and regular customer base that includes other double glazing companies, window manufacturers, window installation companies, consevatory companies and building companies. It also has a trade counter that serves the small trader/public. equipment: as already mentioned the business has a significant level of modern plant and equipment that enables it to provide a highly efficient turnkey solution. This includes: automated glass toughening plant fully automated cutting machine glass washing machines hotmelt machine gas filling machine 3-tonne overhead crane suite of fully networked pc equipment with market leading optimised production and management software sage accounting software fleet of long wheel base transit-type vans all plant and equipment, fixtures and fittings are modern and well maintained. The business has invested circa 500,000 in plant and equipment over recent years. All plant and equipment, fixtures and fitting are included within the sale price. customer service: the business prides itself on the customer service levels it provides. This is demonstrated by the fact it has a sterling reputation and enjoys very good levels of repeat business and referrals. these customer service levels are backed up with bs1279 accreditation for the sealed double glazed units. It also has its own internal procedures which ensures the toughened/safety glass meets the appropriate standards. key strengths: turnkey solution high service levels and speed of response reputation manufacturing capability and infrastructure ( bs accreditation, good level of high quality assets) workforce large regular customer base un patented technical know-how capacity growth and expansion: the company has a large production capability and could certainly accommodate a significant increase in business volumes within its current infrastructure. There are many avenues for growth available to this business. It currently operates regionally, it could easily expand its market further key opportunities: the glass processing side of the business could be expanded to provide additional products and services including polished edges, balustrades, shelving and other such added value products. It could also target larger commercial applications if a new owner so requires as it has the in-house knowledge. a more proactive approach to sales and marketing would also help fuel sales further. This would include the development of its online presence as well as ongoing development of the existing customer base.

Additional information

Additional information: Not Disclosed
Support & training: The current owners would be happy to provide full training and support at handover.
Reasons for selling: The vendors are at a stage where they believe the business could greatly benefit from new owners who could inject some new energy
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Current rent is £48000 p.a. plus a service charge. Rates are circa £14,000 p.a.
Location: The business operates from ideal leasehold premises situated on a prominent and well known industrial area with excellent access. There is ample parking for staff, deliveries and customers. Total production space is circa 11,000 square feet plus separate offices. The unit has high ceilings to accommodate the overhead crane as well as additional expansion space. The current lease is a 10 year one but it is understood a new lease would be made available to a new owner if so required. Current rent is £48000 p.a. plus a service charge. Rates are circa £14,000 p.a. The premises are modern and highly secure. The building is fully alarmed.

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