Freehold - Manufacturer of Hermetically Sealed Double Glazed Units to the G

Price:

Freehold - £3,250,000

Turnover:

Seller Ref:

GK188

Location:

Wales, South Wales

Business Type:

Corporate Businesses, Manufacturing companies, Service Businesses

See Other:

Engineering companies for sale in Wales
Other manufacturing companies for sale in Wales
Glaziers for sale in Wales
Manufacturing businesses for sale in Wales
Manufacturing companies for sale in Wales
Service businesses for sale in Wales
Corporate businesses for sale in Wales

Description:

THE BUSINESS:

A great opportunity to acquire one of the leading manufacturers in Wales of sealed glass units that are supplied to retailers in the home improvements market. All products exceed that which is required by ISO 9001:2000.

This company was started in 1989 with financial assistance from The Princes Trust. The founding director is still in charge of the company and has been the driving force in building it up to be the success it is today. The core business is the manufacture and supply of the sealed glazing units to the trade. These units are subsequently fitted to UVPC or Aluminium window and door frames. They offer a broad range of designs including stained, leaded and Georgian units. The business recognized that there is also a growing demand for toughened glass in many applications and have invested in the necessary plant and equipment to produce their own supplies.

The business has a client base of circa one hundred and twenty regular customers who are based along the M4 corridor to Reading, as far south as Newton Abbott in Devon and north as far as Birmingham. The business continues to grow at a consistent rate and this year is on track to break through the £3,000,000 sales barriers. Margins have remained unaffected and profitability is high.

Location Details:

The company has two premises within easy reach of each other. The main base is a freehold property owned by the business and located on a modern industrial site approximately two miles from the M4. It covers circa 28,000 sq ft and includes the main operational offices for the business. The second unit houses the glass toughening plant. The business has a one hundred and twenty five year lease on the property, which covers around 9500 sq. ft. There is adequate space to handle significant growth in volumes of business.