Glaziers for sale in Hereford

View the "Joinery Manufacturing And Joinery/UPVC/Aluminium Installation Concern West England" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 


I can honestly say I was overwhelmed by the amount of interest and enquires this generated. Very easy to advertise your business with great results!

Jo White (April 2016)
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Leasehold Price: £1,000,000 Price Reduced Annual Turnover: £1,400,000 Annual Net Profit: £600
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Business Description
Location
Em-Pwr Ltd Business Brokers is pleased to place onto the market this long established and extremely successful company for sale. The workshop has a rural location which has the advantage of low overheads and a loyal workforce.

Business Details
This highly successful Company was established in 1993 and the Owner wishes to consider a 3 year exit strategy and to eventually pursue other business interests.

The company’s main activity is to manufacture supply and install bespoke joinery for both commercial and residential clients. It also installs UPVC and aluminium windows and doors for both private, as well as commercial clients and housing associations. It is one of very few joinery manufacturers that manufacture and install and have long running contracts with developers and housing associations. There is also a small retail operation on site providing accessories.

The business employs 23 staff and 8 self-employed contractors. The Owner is the Managing Director and he is happy to stay on in this role for at least 3 years.

In terms of marketing the main source of new business is recommendations from architects and builders. There are some new clients through the website and magazines and there is a lead time of between 6-12 weeks.

Within the joinery industry there are a dozen or so national companies of the same size and none in Herefordshire.

Trading Hours
Monday – Friday: 7 am – 5.00 pm

Financial Details
The trading accounts to September 2015 showed a turnover of £1,270,692 with an approximate adjusted net profit of £300,000. The accounts to March 2016 for a six month period show a turnover of £778,760 with an adjusted net profit of around £300,000 for the last 6 months. The assets are valued at £400,000.

Property Details
There is a large fully equipped workshop with offices and a retail shop.

Tenure
There is a lease available for 15 years with a 5 year break clause. The rent and rates are £36,000 pa.

Ref: 13248
Price: £1,000,000

Disclaimer
These details do not constitute part of an offer or contract. The statements and descriptions given are made without warranties by EM-PWR LTD. The information contained herein has not been verified by EM-PWR LTD; complaints regarding the accuracy of the information contained herein will not be acknowledged. Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations, figures and information given on behalf of the seller. Furthermore, any representations made by any representative of EM-PWR LTD regarding this business are subject to verification and should be independently corroborated.
Tenure: Leasehold

Location Details:

Em-Pwr Ltd Business Brokers is pleased to place onto the market this long established and extremely successful company for sale. The workshop has a rural location which has the advantage of low overheads and a loyal workforce.

Leasehold Term:

There is a lease available for 15 years with a 5 year break clause. The rent and rates are £36,000 pa.

Listed by: Em Pwr UK
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confidential sale
13248
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