Light Manufacturing Businesses For Sale in 0 Wales

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Upvc Window, Door & Sealed Glass Manufacturer

Location:Wales

Category:Manufacturing Light

Asking Price:£8,300,000

  • Sales revenue : £3,241,485
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Upvc Window, Door & Sealed Glass Manufacturer

Business description

UPVC Window, Door & Sealed Glass Manufacturer

Ref.GK188

Location South Wales

Asking Price £8,300,000

A great opportunity to acquire one of the leading manufacturers in Wales of UPVC windows, doors and sealed glass units that are supplied to retailers in the home improvements market. All products exceed that which is required by ISO 9001:2000.

This company was started in 1989 with financial assistance from The Princes Trust. The founding director is still in charge of the company and has been the driving force in building it up to be the success it is today. The core business is the manufacture and supply of the sealed glazing units to the trade. These units are subsequently fitted to UVPC or Aluminium window and door frames. They offer a broad range of designs including stained, leaded and Georgian units. The business recognized that there is also a growing demand for toughened glass in many applications and have invested in the necessary plant and equipment to produce their own supplies.

The business has a client base of circa one hundred and twenty regular customers who are based along the M4 corridor to Reading, as far south as Newton Abbott in Devon and north as far as Birmingham. The business continues to grow at a consistent rate. Margins have remained unaffected and profitability is high.

Other Information

  • Competition: The business would benefit from a structured and balanced advertising and marketing strategy.
  • Years Established: 1989
  • Employees: There are approximately forty five employees including. • Two shareholders • One Health and Safety Officer • Two sales staff • One production supervisor • One transport supervisor • One customer services manager • One office manager • One foreman • Thirty five general operatives
  • Reason For Selling: The founding director has decided that he would like to take a step back from the business and involve himself in a smaller family business that would not demand so much of his time. He would be very willing to complete an extended handover period to oversee the financial performance of the business in the present financial year with the possibility of a consultancy role on an ongoing basis.
  • Lease Terms: The company has three premises within easy reach of each other. The main base are two freehold properties located on a modern industrial site circa two miles from the M4. They cover circa 56,000 sq ft each and include the main operational offices for the business as well as the manufacturing facility for UPV windows. The third unit houses the glass toughening plant. There is a one hundred and twenty five year lease on the third unit which covers around 9500 sq ft. There is adequate space to handle significant growth in volumes of business. The three properties have a value of £2.9million and the vendor is willing to retain them and lease them back to the company at an initial starting rent of £130,000pa.
Turner Butler
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