Total of 18656 firms and businesses for sale today Saturday 27th April 2024
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Sold. Plastic Building Materials Supply Co. Specialising In Upvc Fascias, Soffits & Guttering

LISTING DETAILS
Firms For Sale ID:
33248
Vendor reference:
GB185
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£149,000  
Turnover / revenue:
£400,000
Net profit / cashflow:
Undisclosed
Years established:
12
Trading hours:
Monday –Friday: 07:00-16:30 Saturday: 08:00-12:00
Number of employees:
2
Employees / staffing:
One of the directors works full time in the business. The company also employs 2 full time members of staff, one being a supervisor, the other counter sales.

OTHER DETAILS
Reason for selling:
The vendors are planning their retirement and wish to spend more time with family.
Support and training:
The vendors will provide full training and handover to ensure a seamless transfer of ownership. This should be relatively simple process as the business model is simple, yet effective.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Current Rent is circa £11,600 per annum Rates circa £4,500 per annum
 
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BUSINESS DESCRIPTION
Plastic Building Materials Supply Co. Specialising in uPVC Fascias, Soffits & Guttering
Trade & Retail Sales
Ref.GB185
Location Lincolnshire
Asking Price £ 149,000
This well established and reputable business was set up some 12 years ago and in that time has grown into a highly professional and respected supply company providing a comprehensive range of plastic based building materials to mainly the construction trade, as well as to the DIY and home improvement enthusiast.

The business is well known, centrally located and provides a full delivery service throughout the county. Because of this, and with its competetive pricing and consistent levels of stock, the company has built up a large and loyal customer base. Approximately 80% of current sales are to the trade with the remaining 20% being made up of retail.

The business specialises in guttering and rainwater systems, fascias, soffits and cladding and has access to a very diverse range of roofline products from leading brands, including environmentally friendly recycled products which are becoming more popular with customers. In addtion to this it also stocks complimentary products such as sealants, adhesives, screws, fixing products and trims.

The company has just recently invested in a new e-commerce palatform that is expected to generate signficant new revenues moving forward. Products and product catalogues can be viewed online and items purchased securely as part of this. Customers can create their own accounts and make payments securely and easily online.

The company has a mixed client base (and supply base for that matter) that it has built up over time and enjoys good levels of repeat business such is its standing in the markets it serves so well. This is evident in the consistent business levels the organisation has achieved over recent years ,despite the difficult economic trading conditions.

The company holds good levels of stock and has well equipped premises where it operates from. Staff are knowedgable and experienced.

Expansion Potential
The company has access to further product ranges and could easily expand its product offering further to incorporate more complimentary products and services. The recycled range the business currently offers is one such area for expansion.

A key growth area is online sales. The business has just invested in a new e-commerce platform which allows customers to browse and purchase products online securely and efficiently, whether they be trade or retail clients.

A more proactive approach to sales and in particular existing account development would also improve performance as the business has a large captive audience. Its exposure will only increase with the new online presence.

Market / Competition / Non-Competition Agreements
The business now has an online presence with its own e-commerce website which allows customers to search and purchase items securely online for delivery throughout the UK. This could be further developed through ongoing search engine optimisation (SEO).

The business enjoys high levels of repeat business, word of mouth recommendations and referrals, however it could benefit from a more strategic medium/long term sales and marketing campaign as it does no other traditional forms of marketing at this time except for occasionally appearing in a local magazine.