business for sale

Specialists of Replacement PVCu Guttering, Fascias, Soffits & Bargeboards

Businesses for Sale

Sale Memorandum

Specialists of Replacement PVCu Guttering, Fascias, Soffits & Bargeboards


Ref.GB009

Location Isle of Man

Asking Price £250,000

Confidential offered for sale


Finance available to buy this business subject to status. All regulated business is passed to independent financial advisors who are regulated by the FSA
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Asking price includes

Excellent supplier partnerships
Excellent opportunity to grow
On-going growth pattern
Strong advertising base
Vehicles (vans & Cars)
Franchise Opportunity
Re locatable Business
Excellent reputation
Good profit margins
Great location Advertising
Goodwill

Business profile:

This successful specialist franchise, destined to become a National Franchise System, was formed by its current owner in November 2000 and commenced trading in May 2001. Specialising in PVCu replacement and ancillary products, including guttering, fascias, soffits bargeboards and cladding.

Installing and supplying the very best in home improvement PVCu products to properties throughout the area, this business has made the customer its priority, knowing they can meet their many customer requirements.

The main success of the company is based on personal approval, reflecting in the fact that a high proportion of work comes via recommendation from satisfied householders.

Maintaining a home's exterior can be a nightmare, now existing gutters, fascias, soffits and bargeboards can be replaced with PVCu. No longer requiring painting, ladders or scaffolding the replacements look like newly painted wood year in, year out.

Protecting and enhancing customers homes the replacement products are chosen and recommended to compliment any existing property characteristics, features, and design.

It is no coincidence, that in recent years, so many people have decided to replace their existing guttering, fascias and soffit boards, being one of the most vulnerable areas of any building.

This business has the expertise, equipment and techniques that have been in place since conception; these are simple and cost effective and produce high profit margins.

Through the years, the business has developed a widespread reputation and offers a range of services to their customers. With full market awareness, brand recognition, strength and a professional approach, this company do not feel they sell to their customers, but that they provide them with an unrivalled service.

The business's excellent flexibility enables it to offer a service specifically tailored to its client's needs, enhanced by its use of quality products, this has resulted in a loyal and ever-increasing client base.

Customer Service

Working closely and professionally with clients to fulfil their required orders is the aim of this company. With continual brand awareness, delivering and installing quality products on time and within budget are a main company focus. This quality of customer service is made possible by the retention of professional and reliable staff.

This business does everything possible to enhance their image and excellent reputation. With a vast knowledge of the industry, commitment to customers' needs, including a personal and friendly service, a promise of supplying quality and products offered at excellent value for money, every effort is made to satisfy the customer requirements.

As well as its dedication to customer satisfaction the business has attracted and continues to attract new referrals and an extensive base of very satisfied clientele.

Key opportunities

This business is the homeowner’s answer to their maintenance problems. With a combination of the finest products along with highly trained installers this business offers their customers a conscientious and professional service.

There is further opportunity to expand the client database, and excellent potential for a stronger management and marketing role to expand sales and services with capacity to increase threefold the current work level.

A new owner would contribute fresh ideas and outside influence to build on its excellent domestic market. Further growth could be achieved by proactively seeking new contract and Government work.

With more and more PVCu products being used on buildings, cleaning is becoming increasingly important to maintain appearances. Another sale opportunity is beginning to appear and this is being looked into and developed by this business.

Quality assurance

Quality comes high on the list of these business priorities and is further endorsed with their commitment to supplying quality products and installation.

The company ensures that its staff are trained and qualified to specific standards, and that all work supplied and installed is fully guaranteed.
Advertising and marketing

Yellow pages, press releases, local press, leaflets and posters and the finest form of marketing, word of mouth recommendation are used to advertise and market this business.

The Company generates sales from direct marketing and recommendations. Consistent growth will be achieved by building on this success.

The business is in the process of updating and expanding its website, registered under the trade name of the business, this will afford the business far greater exposure.

The company has a registered office and a P O Box facility and local Telephone and Fax. The central sales are dealt with through the 0800 number.
Growth and Expansion:

There are many excellent avenues for growth, especially with increased advertising and promotion, which would offer good potential to sell outside its home region.

The steady increase in market share and continuous product innovation place the business ahead in a highly competitive marketplace, and create an energized environment of challenge.

The business has steadily grown over the years and would benefit from increasing the number of installation teams, this would be a significant opportunity to increase the company's production capacity and supply new customers/markets.
Financial profile:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business is financially stable with no borrowings, low overheads, positive cash flow, no debtors, enjoys a Strong Order Book, high gross and high net profit and has shown consistent strong growth in profits.

Turnover for the year 2003 exceeded £150,000 with a gross profit exceeding £50,000 and Gross profit margin of 35%.
Employees

The business is a specialised and small organisation, employing highly qualified experienced staff of two.
Support/Training:

Our client will provide a handover period to ensure continuity and success by providing complete assistance in planning a smooth transition of the business.
Reason for Sale

The owner is now focussed on successfully building on this business franchise throughout the UK, following the successful handover and transfer of the business. The opportunity is now yours.
Turner Butler Disclosure Statement:

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner & Co (GB) Limited registered in England and Wales under company no. 2477988 of registered office Savoy House Savoy Circus London W3 7DA, trading as Turner Butler © Shaun Sweeney October 2006

Next steps

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