business for sale

Plastic Manufacturers and Stockist of UPVC building products

Businesses for Sale

Sale Memorandum

Plastic Manufacturers and Stockist of
UPVC building products


Ref.GB016

Location Norfolk

Asking Price £150,000

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

Sales of circa £ 209,000 per annum
Design and manufacture
Quality Workmanship
Computerized administration system
Extensive client base
Excellent reputation
Unpatented technical know-how
Stock, office and equipment
Federation of Small Business
Ideal location
Training and handover

Business profile:

This family owned business was established in 1998 with considerable skill and experience and specialises of UPVC building products. They are also stockists of fascia soffit guttering and offer a wide variety of many other products. The business utilizes the latest developments in modern design and enabling the production of precision cast components to meet with clients’ requirements. Continual investment in modern machines and ancillary equipment enables the business to produce efficiently with commitment to quality and service.
Key assets are found in its long-established relationships, well-defined customer base with high repeat sales, and its ability to serve clients, supplying the business with a definitive competitive advantage. The extensive client base currently has over two hundred clients, a number of which are repeat clients. The client base encompasses all sectors of the building trade. The business has a diverse range of products and can provide most items specified by Trade, Architects, DIY and Quantity surveyors. The wide variety of clients includes, window installers, windows manufacturers and fascias installers.
The business has a strong emphasis on service and always exceeds client expectations due to their personal and professional service, giving the business a definitive competitive advantage.
The business has invested extensively in technology and currently operates an efficient computerized administration system that makes use of packages such as MYOB(confirm) accounting and stock control.
The business’s staff is extensively trained and highly skilled, with many years on-the-job experience. Staff ensure that clients’ individual needs are met, and that close attention to detail is maintained through the entire process. All repair and maintenance work is undertaken under strict quality guidelines, and rigorous quality inspections are completed before final delivery to the client.
The business offers the purchaser an excellent opportunity to invest in an interesting and unique business that pride themselves on quality workmanship.


Owner Support and Training
The owners are happy to assist with the hand over and the training.

Customer Service
•Products are tailored-made to meet specific client requirements
•Excellent quality control system in place
•Strive to meet clients individual needs
•Competitive prices
•Continual introduction of new products
•Free quotations and literature
•Free delivery within the local area


Key strengths
•Excellent reputation for quality products and services
•Constant commitment to clients
•Strong repeat customer base
•Offer a personal service
•I-trained staff
•Located near one of the largest window manufacturers
•Excellent relationship with suppliers
•Small business with low overheads

Key opportunities
•Excellent opportunity for further advertising and assertive marketing
•Opportunity to recruit further marketing and promotion staff
•Excellent growth can be achieved by implementing a sales division
•Scope to further develop business and open franchises
•Opportunity to build a website and offer on line quotes
Premises
The business is ideally located on one of the main roads in Norwich and covers an area of circa 25,000 square foot of warehouse unit with a trade counter and an office. The business is conveniently located near a window manufacturer.

There is one and a half years remaining on the current lease and rent per annum is circa £10 625,00 with a service charge of circa £524,00.

Advertising and Marketing
90% of the business’s past projects have been as a result of word of mouth recommendations, bearing strong testimony to the excellent reputation enjoyed by the firm.

The business has advertised its services through the following mediums the yellow pages, trade magazines, press releases and public relations, local press, trade awareness, Thomsons directory, direct mail and through leaflets and brochures
Financial profile:
All financial discussions will take place directly between the vendor and the interested parties.

Includes equipment:
Nissan Truck -£10,000.00
Crosscut bench saw -£300.00
Employees
The business is currently in the enviable position of employing only a small staff complement consisting of one administration staff, one delivery driver and the proprietor.
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:

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  4. We will contact you and put you in touch with the seller of the business.

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