Window and Conservatory retailers for sale in Kidderminster

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Closed Window Restoration Business - Kidderminster

Kidderminster, Worcestershire, England

  • Leasehold Price: £30,000
Seller Reference: 6858
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Business Description
 
 
 
 
 
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Seller Reference: 6858
Request Details
Business Description
Fully Relocatable If Needed
Further Financial Info Available After Viewing
Low Rent - £60 Per Week
Established 2008
Owner Operator
Genuine Retirement Sale
Hours Can Be Catered To Suit
No Advertising Undertaken Previously
Strong Connections To Local Council
Scope To Expand Trading Area
Ideal Acquisition For Existing Business
REF 6858 – Leasehold/Relocatable Sash Window Restoration Business

Blacks Brokers are pleased to bring to the market this leasehold/relocatable sash window restoration business currently based in Kidderminster, Worcestershire.

INTRODUCTION

Sash Window Restoration Company was established by our client in 2008 to meet local demand for a reliable restoration company specialising in sash windows. The business has become very well known in the area with a superb reputation and much trade is generated by word of mouth recommendations. Around 95% of work was carried out on residential properties within an hours drive of Kidderminster.

LOCATION

Sash Window Restoration Company, as mentioned above, is based in Kidderminster and as such the majority of customers are in and around this area. The existing lease ends in December of 2019, this provides a perfect opportunity for a new owner to relocate the business within this area, or instantly expand an existing business in this sector.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s retirement and desire to move away, the business is offered for sale. This presents an excellent opportunity for a new owner to take the business to the next level.

LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is five years and began in 2014 at a cost of only £60 per week. The landlord would be happy to renew the lease should a new owner wish to continue operating from the current premises, subject to relevant checks.

STAFF

The business is currently being operated by just our client.

FINANCIAL DETAILS

Sash Window Restoration Company has traded solidly since opening and our client has established a strong customer base. We are advised that the business had an annual turnover of £57,482 with gross profits of £45,746 and net profits of £33,000. It is to be noted that the business was operating on limited hours to suit the needs of our client’s lifestyle – there is much scope and demand to expand these hours and with the addition of staff, a new owner could accept a higher workload.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This specialist business had a strong customer base and a steady work stream with a reputation second to none. There is plenty of scope to develop the business further with the introduction of additional staff and a strong marketing drive. This proposition could be of great interest to a similar business looking for instant expansion. Early viewings are strongly advised. Fixtures:
A range of woodworking machinery available via separate negotiation
Tenure:
Leasehold
Is accommodation included?:
BUSINESS INFORMATION
Our client has established a well known brand with an excellent reputation and the business offers a range of services including full restoration, soundproofing, repair, replacement and much more. As mentioned above, much trade is generated by customer referrals, however our client has also secured strong relationships with the conservation officer from the local council and this also bring a good amount of council referrals. The business has a comprehensive website which is also included in the sale.

A new owner can continue to operate from the current premises should the wish. The unit comprises of two rooms which both measure at 3.4 x 6.72 metres, there are double glazed patio doors at one end of the unit which are then secured with full height steel doors. The unit has standard 13 Amp sockets along with one 16 AMP supply and one 3 phase supply. There is also access to an upper room via a small stairway and this is ideally suited as office or storage space if required. The unit has shared toilet facilities with the surrounding similar units, these facilities are serviced daily by the local council.

Location Details:
Kidderminster
Leasehold Term:
£60 Per Week
Listed by:
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