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Key Facts

[Ref: IK252]

Business For Sale : Manufacturer & Installer of Quality Window Blinds Trade
Location : North Wales, Wales, UK
Leasehold | Asking Price: £100,000

Contact: Turner Butler

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Asking price includes

Consistent Turnover circa £350,000 per annum
Gross Profits circa £121,000 per annum
Adjusted Net Profits in excess of £30,000 per annum
All manufacturing equipment( circa £15,000)
2 Signwritten vans (circa £20,000)
Stock

Over 10 years successful trading
Premium supply partners
Limited competition
Impressive customer base (trade and retail)
Public and private sector
Ideal premises
Low overheads
Ongoing growth potential
Training and handover
Significant goodwill
Website

Business profile

This dynamic and professional business was set up by the vendors over 10 years ago and has established itself as a leading manufacturer and installer of a wide variety of high quality window blinds. The company designs and manufactures in-house and supplies a broad range of customers both commercial and domestic throughout North Wales, Cheshire and Merseyside.

The company has a good level of equipment that enables it to manufacture in-house to exacting specifications and size. Products it supplies include Roller blinds , Venetian, Wood Venetian, Romans and rigid PVC. The company also supplies flat glass film products with solar properties but to date this only accounts for a small proportion of revenues.

In addition to providing a unique and bespoke manufactured product that meets very exacting customer requirements the company can provide a complete measure, estimation and installation service if need be.

The company has literally thousands of satisfied clients and enjoys excellent levels of repeat business such is the service it provides. Customers include large public sector organisations, builders, schools as well as the Great British public. The majority of customers are based within the North West region. The majority of sales are domestic.

Customer Service

The company prides itself on the manufacture and installation of quality window blinds whilst maintaining courteous and prompt service, All products are manufactured to the highest standards which guarantees years of service. All products are hem sewn rather than glued or welded.

The company provide a free estimating, measuring and fitting service to all customers which ensures superb levels of customer retention and repeat business.

Key Strengths

• Turnkey solution- in house manufacture and design
• High service levels and speed of response
• Pipeline of ongoing work
• Hungry self employed sales force
• Skilled manufacturing personnel
• Sterling reputation
• Limited competition
• Supplier base-excellent price support
• Workforce
• Large regular and prestigious customer base
• Un patented technical know-how

Growth and Expansion

There are many areas of growth available to a new owner. The company has over 10 years of information on file from historical customers (thousands!!) that is ripe to be put onto a database and developed. Indeed further investment in technology could certainly improve the overall efficiency of the business still further. The business could easily scale up its operation to meet increased demand.

Premises

The business operates from ideal rental premises on a secure and well known small industrial estate. The site is council owned. Rent is circa £357 per month. . Rates are circa £233 per annum. The business occupies two adjacent units with front office and showroom area, manufacturing/storage and staff toilets. Total internal space is circa 1200 square feet. There is a large external car park with ample parking for staff and customers. The site is very secure with security grills fitted.

Employees

The vendors both work full time in the business, being responsible for all the administrative aspects of the business be it ordering through to overseeing the manufacturing process. The business also employs the following personnel

• 2 Full Time Fitters
• 1 Full Time Factory Hand
• 2 Part Time Production Operatives

In addition to this the business has 3 self employed external sales personnel who sell the company’s products and services on a commission basis.

Staff are a real asset of the business, so much so that the business will run effectively even when they are away for a short period of time.

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.

Typical turnover for last few years circa £250,000 p.a. Gross Profits circa £121,000. Adjusted Net Profits in excess of £30,000 p.a. Current stock levels are circa £3,000. This business has achieved consistent sales over the years and enjoys good levels of repeat business and has relatively low fixed costs.

Support and Training

The vendor is more than happy to provide a comprehensive handover to ensure a seamless transition and continuity of trading.

Reason for Sale

The owners , having been in the industry for many years now, wish to explore other opportunities.

 
 

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