Nationwide welcomes to the market this Well-established PROFITABLE GLAZING BUSINESS. Situated in a Parade, excellent trading position, residential, office and commercial area, West Sussex.

Based in the busy Sussex area they operate from a two locally based showrooms with additional space on a traditional business estate.

6 days opening.
5 owned vehicles worth approximately £20,000.
Working capital (cash) of approximately £200,000.
DEBT FREE.

A unique opportunity for another home improvement/glazing business to expand their operations in Sussex and Nationwide.

Established in 1988 and founded on the principles of good quality products, installation and service. No cold calling. This business has stood the test of time since its first installation 36 years ago and continues to flourish.

The company is a very well-respected supplier and installation specialist of windows, doors and conservatories in uPVC, aluminium and timber. Juliet balconies, porches and many more tried and tested products.

The current owner has created a turnkey opportunity for a new owner, with a good management structure in place as well as loyal installation teams.

Key features:
– Well established reputable business.
– Management Structure in Place
– £250K order book
– Trust Mark (Government Endorsed Standards)
– FENSA and CERTASS registered.
– 2020, 2021 and 2022 Turnover £1.2 Million per year.

Support & training: The experienced managing director who intends to retire will provide a comprehensive business handover in order to ensure a smooth transition of ownership and continuity of trading.

Turnover : We understand Accounts 30th June 2022 shows sales of £1,242,391 with a Gross Profit of £226,754

TO INCLUDE THE SECURE RENEWABLE LEASES, GOODWILL, FIXTURES & FITTINGS £600,000 plus STOCK AT VALUATION (£40,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT. (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £600,000 (M5560)

www.NationwideBusinesses.co.uk