T/O £850,000 pa from Accounts
Net profit £180,000 from Accounts
Trading Since 1989
10 Employed Staff
EPC Rating – C
This truly remarkable company operates from Crook yet serves an enormous geographical area stretching North Yorkshire, Tyneside, Weardale/Cumbria.
What makes this a remarkable business for new owners is the fact that the Business is currently run by 2 principles yet achieves a substantial T/O, which is demonstrated on accounts and shows a 10% increase year on year since 2011. New owners can therefore bank on a growing business and increasing profits.
Furthermore, the business operates with a minimal internet presence, with a large part of sales deriving from word of mouth. Consequently, any new owner who can further develop an internet presence will undoubtedly see a further growth in sales and profits.
Additionally, the Business capitalises on manufacturing its own products. This has a net effect of substantially increasing gross profits.
This is also a well-established company, with a very high local profile and numerous local plaudits. This provides new owners with an immediate database of existing customers.
For new owners this represents a tremendous proposition, all the more should a potential buyer be already in the uPVC manufacture business, the acquisition of I.C Davison Windows will provide a significant and high profile presence in what is generally accepted to be a catchment area without any serious competition.
Investors too, will see impressive returns, with the possibility of a retained period by the current principles.
This business will also be of interest to a new owner operator, who may want to develop internet sales and build upon what are already impressive profits.
In all, this adds up to a very serious proposition for anyone looking to consolidate or capitalise in this dynamic industry.Fixtures:
A complete list of manufacturing equipment is available to prospective purchasers.
The business includes 2 freehold buildings. The primary property is a purpose built industrial building and incorporates the manufacturing area. In the same property is a superbly appointed office and reception suite. There is also a car park for approx 15 vehicles. The second property is a purpose built storage unit.
Location Details: Crook
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