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Pre Formed Concrete Wall Company

Businesses for Sale

Sale Memorandum

Pre Formed Concrete Wall Company


Ref.ET007

Location Borders

Asking Price £220,000

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

Work in progress, material stocks, tools and machinery
Sales of circa £300,000 per annum
Un patented technical know-how
Sales which growing year on year
Established client/customer base
Computer administration system
Excellent opportunity to grow
Office furniture and equipment
Complete Turnkey Operation
Large amount of equipment
Re locatable Business
Training and handover
Good profit margins
Advertising
Goodwill

Business profile:

This company was established by its owner in 1995 and has traded successfully and profitable ever since. It is located in the borders of Scotland but could easily be re located to a site of the buyer’s choice.

What it does

The business manufactures pre formed concrete walls in a variety of lengths and thickness and widths. These panels are constructed by building in steel which is pre stressed up to six tons.
These panels are supplied predominantly to the agricultural shed building industry all across Scotland and including many of the west coast islands. There is a smaller market of businesses that buy direct from the company.
The nature of the product means that there are significant cost savings in time labour and raw materials. In addition to which a building can quickly be dismantled and re constructed on a new site using the same panels.

Key strengths:

Because of the nature of the business the operation does not carry the burden of heavy overheads. It would be easily relocated to a venue of the purchaser’s choice.

Key opportunities

This business has been managed to size by the present Managing Director.
There is a massive market for this kind of product all over the UK and it would be simple to add more products to the range presently offered for sale. A full time sales person, backed up by a structured marketing campaign and a fully optimised web site would have a big impact on the volumes of available business in the short to medium term.

As well as supplying other products to the farming community such as bespoke slurry systems and feed and water trough units, there is a significant opportunity to expand into other markets. There is substantial demand for products in the Sectional Garage market as well as for Block and Beam Floors and suspended floors in the housing sector.

Technology
There is no specific technology used in the manufacture of this product.
Premises:

The business is has an option to take up a ten-year lease in a quarry site. This will not be completed prior to sale as the purchaser may wish to re locate the operation. The lease cost will be circa £4000 per annum.
Advertising and marketing

The company advertises in The Scottish Farmer, The North East Farming Journal and Agrimart.
Financial profile:
All financial information will be supplied under the auspices of Turner Butler and subject to the normal Non Disclosure Documentation being completed.
The operation will turnover circa £320,000 in the present financial year and has a targeted bottom line profit of £50,000
Competition:

There is no real competition in Scotland

Management and staff:

One Managing Director
One Self Employed driver
One Batcher
Two Pre Stressed table operatives
One general assistant
Support and training:

A full and seamless hand over will be available to the buyer
Reason for sale:

This is part of a planned exit strategy that has been clearly defined for some time. The managing director wishes to concentrate on other commercial opportunities already in his portfolio.
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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