PVCu & Aluminium Windows /Conservatories & Door Supply and Installation Company
Location : Bedfordshire
Asking Price : £600,000
This very well respected and established business has been successfully providing its domestic clients with a comprehensive range of windows, conservatories and doors for over 30 years. The company provides a full design, customisation, supply and installation service to customers mainly within a 40 mile radius of its premises base and has forged a sterling reputation within the region.
The company supplies and installs a wide range of PVCu and aluminium windows and conservatories to meet specific customer requirements. The company prides itself on providing the highest standards of service and this commitment to quality is backed up by numerous accreditations and endorsements and reflected in the high levels of client testimonials and referrals.
The company has established supply relationships with its profile suppliers and has excellent knowledge of the market. It has a superb team of experienced staff from the top down with strong levels of in-house expertise to provide first class installations in terms of quality, fitting, scheduling and price.
The business has focused on the domestic market place to date but has been growing its supply to commercial companies looking to utilise their services. To date the vendor has chosen not to pursue opportunities in this sector too aggressively.
The business has enjoyed consistent sales and profitability over the last few years and this trend is expected to continue/increase moving forward. Margins are increasing as customers are happier to pay higher premiums for this business’s services.
The vendors have invested in the business and staff over time. It has in place an excellent internal process control system that ensures the business is run effectively and profitably without the need for the vendor to be involved on a constant basis.
Reason to sell
: Planning exit for retirement.
Support and training
: The vendors are happy to provide a comprehensive handover to ensure a smooth seamless transition. This should be a relatively simple handover as the business already has senior staff in place and the vendor has little day to day involvement in the business.
: The business currently operates on a regional scale (40 miles radius) but there is no reason why it cannot further develop its presence in the region and beyond should a new owner so require.
There is always a strong demand from domestic customers for this company’s superior service levels. There are also good opportunities to branch out into the commercial sector should a new owner so wish. The housing sector is strong at present and large housing developments in the area are under construction and planned for the future. This business is ideally positioned to service this growing market moving forward as it already has the accreditations and approvals in place and could be scaled up to exploit the many opportunities at its disposal.
The current split of installations is 70% Windows and 30% Conservatories. The company could also further develop its product offering into hardwood, fascia’s, soffits etc., these are areas currently unexploited by the owner.
: The business enjoys high levels of repeat business, word of mouth recommendations and referrals from happy historical customers. It carries out local advertising together with an active internet marketing strategy including the ownership and use of 14x website domain names, driving enquiries to the company’s core site. This activity is backed by a large showroom and suite of product brochures.
: The business operates from ideal long leasehold premises. Premises are modern and comprise factory, showroom, offices, kitchen and toilets circa 10,000 square feet in total with the showroom comprising circa 3,500 square feet and the offices on the ground floor and mezzanine area comprising circa 2,000 square feet.
The premises are situated on a modern business park, with easy access to all main trunk roads including the M1 and A1(M) and close to major conurbations such as Milton Keynes and Bedford.