Glaziers for sale in Essex

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DOUBLE GLAZING BUSINESS

Essex, England

  • Leasehold Price: £69,950
Seller Reference: M6150E
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Business Description
 
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Seller Reference: M6150E
Request Details
Business Description
DOUBLE GLAZING BUSINESS - TOWN BETWEEN BASILDON & LEIGH-ON-SEA - A well-established double glazing business which has been trading from its current location since 2010. Turnover on most recent year end accounts £412,229 working to a gross profit margin of 42%, however there was an outstanding invoice for £49,000 which should have fallen within this accounting year period but was paid after the year end so will fall into the following year. Our clients advise that they quote in excess of £3 million worth of jobs per annum, however, they are quite stringent on their pricing feeling it's justified with the high quality service they provide. That being said, if a purchaser wanted to be more flexible with their pricing, there is a lot of scope to significantly increase the currently achieved turnover. 2 years unexpired on lease at £16,000pa. No business rates. The business represents a rare opportunity to acquire a double glazing business with a great reputation and established name. The business would ideally suit someone in the trade looking for their own business or alternatively as an acquisition from an established company looking to increase their operation size.
Tenure:
Leasehold
Location Details:
A well-established double glazing business which has been trading from its current location since 2010.
Listed by:
Bradleys Countrywide
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