Double glazing manufacturer

Price:

Leasehold - £45,000

Turnover:

Seller Ref:

M25542LN

Location:

London

Business Type:

Commercial Property, Corporate Businesses, Manufacturing companies, Service Businesses

See Other:

Home & garden manufacturing companies for sale in London
Glaziers for sale in London
Industrial units for sale in London
Miscellaneous businesses for sale in London
Manufacturing companies for sale in London
Service businesses for sale in London
Commercial property for sale in London
Corporate businesses for sale in London

Description:

THE BUSINESS:

Rare opportunity to acquire a long established double glazing supplier (since 1982) located in NW london operating from a 6.000 sq feet industrial premises with good transport links to all areas of London and surrounding environs.

The business thrives on personal recommendations and word of mouth. we are advised that it operates to the highest standards and has an enviable reputation for delivering quality products at realistic prices .

The business is registered to manufacture and supply aluminium and pvc windows. doors. patio doors. curtain walling and many other products associated with glass and double glazing in London since 1982.

The business supplies domestic and commercial markets and has many contacts such as local housing authorities.Turnover could be rapidly increased by carrying out advertising of which none is carried out at present. GP margin c 40%

We have been advised that potential turnover of c£800k per annum is easily achievable. Turnover is currently less as it was planned to sell the site for redevelopment but since that decision was abandoned we are advised turnover is increasing and the directors are commited to fully supporting the incoming tenants. Full accounting records are available.

A new 20 year lease is offered at a rent of £30.000 and incoming premium of £45.000. The freehold is NOT avialable. Rates are £9.000 pa.

Accommodation: