business for sale

Flat Roofing company

Businesses for Sale

Sale Memorandum

Flat Roofing company


Ref.GB006

Location Hertfordshire

Asking Price £125,000

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
<>

Business profile:

The parent company began offering its premier installation service during the mid 1980’s, almost twenty years ago. It has since flourished and developed into a national franchised network. The outstanding range of innovative and specialist products supplied to its clients now serves most of the UK and Ireland.

The replacement of existing felt and asphalt flat roofs, using a prestigious glass reinforced polyester roofing system, is at the core of this franchised business. Confidence in the system is endorsed not only by the licensed and exclusive installation rights owned by this company, but because uniquely, it carries a 25-year guarantee. In other words, this company only ever supplies and installs a superior flat roofing system.

Flat roofing contracts of any size are undertaken by the company, which has established its reputation for excellence and innovation by providing work of the highest specifications. The company has done much to alter the opinion that flat roofs are problem roofs. This has been achieved by a dedication to become a market leader, with an innovative product, thus proving that a flat roof of any size can be leak free and last for a long, trouble free time. Whether a flat roof needs re-fitting or re-designing, this company has the necessary expertise.

Clientele of the business comfortably incorporate those from both the business and the private sectors. Many contracts have been gained because of excellent referrals and recommendations from satisfied clients.

The franchised business was formed in 1996. Flat roofing contracts are carried out mainly throughout the Essex and surrounding areas, with full support being given by the parent company.



Customer Service
A dedication and commitment to product development and improvement has maintained this company's high profile and good reputation. It has embarked upon rigorous and ongoing staff training, and adheres closely at all times to proper industry standards. Clients can be assured that the company has an aversion to poor service, does not sub-contract, and does all in its power to maintain best standards at all times. The company believes that quality service, together with quality products, equals happy customers.
Type of Clients
The client list of this business is mostly comprised of householders, many falling into a senior age group, and a number of building companies. In excess of one thousand top quality flat roofs have been fitted during the lifetime of this franchise business.
Quality Assurance
Quality comes high on the list of these business priorities especially towards manufacturing and installation of the products and is further endorsed with their commitment to ISO 9002.
The glass reinforced polyester roofing system is certified by the British Board of Agreement. The company is a member of the Federation of Master Builders and is a full member of the British Franchise Association. The parent company is a member of the National Association of Roofing Contractors.
All staff are fully trained, and excellent back up is provided by the parent company in the event of any technical queries arising.
Premises

The business operates from a combination of the owner's home office, together with a rented storage unit, which has an additional area suitable for skip placement. Local amenities are conveniently situated.
We understand that the parent company will grant the prospective purchaser a new seven year franchise agreement.
Competition

As the exclusive and sole provider of a unique and innovative flat roofing system, which carries a 25 year guarantee, the competition is probably minimal.

Advertising and Marketing

Garden centre stands with incorporated brochure facilities, Yellow Pages, local press, trade awareness and - probably the finest form of marketing - word of mouth recommendation, are used to advertise and market this business.

The company generates a high number of sales from recommendations, and sign written transport. Consistent growth will be achieved by building on this success. The business for sale benefits from very strong, successful Internet marketing with an informative and user friendly website
Key Strengths

Professionalism is of paramount importance within this franchised company. It supplies professional products, which carry a twenty five year guarantee; professional, fully trained and highly motivated flat roof installers carry out all the work. A high level of customer satisfaction is very apparent within the company. The market is a specialist, niche market, which has been filled by a highly trained and specialist franchise business.

Key Opportunities

There is much opportunity to develop and expand this professional franchised company, because much of the flat roof market is often served by old fashioned, out dated products and many unprofessional, untrained operators. Already, many flat roof clients are very aware of the poor quality of products being offered elsewhere. Those clients can be made further aware of the breakthrough of the glass reinforced polyester roofing system supplied uniquely by this company. The potential market expansion is probably vast.

Growth and Expansion
This company's reputation has been founded on the supply and installation of probably the best and most advanced glass reinforced polyester roofing system available. Being exclusively licensed has been an excellent medium for growth. The potential for further growth and expansion in this specialist field is therefore probably without limit.
Financial profile:
The business and property are being offered for sale on a going concern basis. All financial discussions will take place directly between the vendor and interested party.

The business currently operates under the direction of the Owner. There is a dedicated staff comprising of four Flat Roof Installers.
The current number of employees including the Principal is 5.


Management and Staff

The business currently operates under the direction of the Owner. There is a dedicated staff comprising of four Flat Roof Installers.

Total Number of Employees

The current number of employees including the Principal is 5.

Support and Training

The Owner will assist fully with hand-over and training
Reason for Sale

Owner is retiring.
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

If you are interested in finding out more about this business please:

  1. Click here to generate the Confidentiality agreement with your details
  2. Print the confidentiality agreement
  3. Sign the confidentiality agreement and fax each page of the document to 0870 432 3611
  4. We will contact you and put you in touch with the seller of the business.

[back to businesses for sale] [return to top]