Home & Garden Services for sale in London

View the "Sash Window Repairer, Restorer and Joinery" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Mr & Mrs Campbell (Jan 2015)
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Asking price: £280,000 Price Reduced Annual Turnover: £730,000
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Business Description
Turner Butler has been appointed to invite offers of purchase for the sale of 100% of the shares in a company specialising in the repair, restoration and manufacture of sash windows and other joinery.

Key strengths:

The Company has the following key attributes:

• One of the leading sash window companies in the Home Counties.
• Full sash window, repair, restoration and draughtproofing service.
• Restoration and refurbishment philosophy rather than ‘rip out and replace’.
• Very well equipped production facilities for restoration work and manufacturing new units.
• Close relationships with local Conservation Officers.
• Highly skilled and experienced workforce.
• Average project values of around £5,000 with some as high as £120,000.
• Low overheads.
• Extensive growth and expansion opportunities
• £250,000 Order book

The Company provides an acquirer with:

• An excellent bolt on for a business already operating within the joinery sector.
• An ideal starter business for anyone looking to establish a foothold within the joinery sector or more specifically, sash window repair, restoration and manufacture.

Financial profile:

For the financial year ending December 2016, the business achieved a turnover in excess of £732,000 and an EBITDA before directors of £130,000.

The Asking Price of £280,000 is for a sale of 100% of the Issued Share Capital in the Limited Company based on an adjusted Balance Sheet to exclude some Unlisted Investments, surplus cash and a long leasehold property of c£17,000. There will be a £ for £ adjustment to the asking price to reflect any increase/decrease in this net asset figure.
Location Details: Home Counties

Listed by: Turner Butler
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