business for sale

Emergency Supply and Installation of Door & Window Boards

Businesses for Sale

Sale Memorandum

Emergency Supply and Installation of Door & Window Boards


Ref.GE031

Location London

Asking Price £260,000

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:

Top quality emergency glazing service to the highest standards
Firmly established company operating since 1991
Well trained, honest, loyal, long serving staff
Database of loyal, long term clients
Easily re-locatable operation
Superb opportunity to grow
Training and handover
Goodwill

Business profile:

Established in 1991, this highly successful company principally supplies and installs emergency window and door boards to homes and properties that have been victims of a burglary or break-in. At which time Police officers attending a scene would contact this company as a means of providing a quick and efficient contingency service – the “boarding up” until such time as the window or door can be properly glazed.

A professional company, it employs highly trained fitters who work to strict safety and quality guidelines. The services include repairing broken windows, doors, table-tops, mirrors, patio doors, double glazed windows & doors, glass roofs, shop fronts and conservatories.

This business has been under the current ownership since inception and has grown from strength to strength, offering flexibility in taking on work 24 hours a day, 365 days a year and has built its solid reputation among the local Constabulary as the first choice for this sensitive service. The business prides itself on offering a very high level of customer care and a first rate repair service to all clients and are able to offer a rapid response to any emergency due to damage that has been done due to storms, vandalism, break-ins etc. This service, quality and flexibility have been a key factor of this successful efficient and well-organised business, which has gained a great deal of referral business from many satisfied customers.

It has worked hard to gain an enviable reputation for both products & service, with some products custom made to suit customers' requirements. Image is also extremely important, staff work in a responsible way to uphold the company's strong profile, never letting customers down and always ensuring an excellent quality control and after sales service.

The company is extremely labour efficient, which is down to three things - products, people and attitude.

This business has earned an excellent reputation over the past 15 years for its friendly and reliable service. Staff are tidy and ensure constant communication with clients whilst striving to meet their individual needs. The business has a strong emphasis on service and always exceeds client expectations due to their personal and professional service.

Customer Service:
Customer feedback is excellent, the company is all about offering first class customer service and customer care, looking after individuals and providing a fast local repair service, giving safety and security in customer’s homes or businesses in the quickest possible time.

Quality Control:
All products comply with BSI standards, ensuring an end product of high quality, safety and security.
Key Strengths:

This business has built an excellent reputation and specialises in boarding up any type of glazed area anywhere any time. The business values customers and gives an immediate response to all enquiries for estimates and advice.


Essentially the factors that make this business special is its ability to respond rapidly and its reputation for always being available and timely – it is THE first choice for local Constabulary when attending an incident giving it a clear competitive advantage over its competitors.

Growth and Expansion:

With a steady flow of referral and consistent work from the Constabulary the Vendor has decided in the past to concentrate on this business area and has not expanded into the domestic market through channels such as Yellow Pages or local concentrated marketing.

A new owner could develop a new management structure and contribute fresh ideas and outside influence to build on this excellent base. The business offers huge potential for expansion, and scope to employ more staff with such demand that the business could easily be double the current size. This could easily provide a springboard for the extension of its products and services to other regions across the United Kingdom.
Premises:

The business operates from a convenient home office and this illustrates clearly the ability of this business to be re-located with little effort or disruption to trading.
Advertising and Marketing:

The business has used limited advertising in the past and an immense opportunity exists to build on this businesses reputation and implement further and more assertive methods of advertising to expose the business to even greater markets. Various methods could be used in this regard, including the local press, trade shows and leaflets & brochures.
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 current turnover is circa £160,000 per annum and generates a gross profit of circa 40% and expects net profits from this year’s trading to be £60,000. Full financial information is available, subject to the confidentiality undertaking being returned.
Employees:

The Vendor manages this very effective and efficient set up on a daily basis, supported by a fully functional contract team that includes one account and administration staff and three carpenters. All of the staff are professional and enjoy their work; this ensures maximum customer confidence in the company and a high level of customer service.
Support and Training:

Our client is happy to provide a full business familiarisation, training and handover period for the new owner
Reason for Sale:

The business has matured and is now ready for growth and investment the vendor believes that this would be best achieved by a larger enterprise or entrepreneurial individual and now wishes to put his energy into other interests.
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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