Total of 18657 firms and businesses for sale today Friday 29th March 2024
Time to Sell or Time to Buy !

Sold. Glazier & Supplier Of Glass & Glazing Products Specialist In Architectural Glass

LISTING DETAILS
Firms For Sale ID:
35112
Vendor reference:
GK293
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£80,000  
Turnover / revenue:
£200,000
Net profit / cashflow:
£38,000
Years established:
9
Trading hours:
Usual office hours are: Monday – Friday: 8.00am – 6:00pm Saturday: 8.00am – 4:00pm
Number of employees:
5
Employees / staffing:
The business employs 2 full time staff members and one part time employee, along with the vendor and are ably supported by a trusted and reliable team of sub-contractors and two full time, self-employed drivers

OTHER DETAILS
Reason for selling:
The vendor wishes to spend more time with family.
Support and training:
The vendor is happy to provide support and training for a negotiated period.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business operates from a high street premises with large frontage, close to other busy retailers and situated within West London’s prime property area, including Wimbledon, Richmond, Putney etc. The double fronted premises is situated on the ground floor with storage area and is circa 800 square feet. The ground floor comprises small reception area and trade desk, display, toilet facilities, rear storage and extra office space if required. Rent is circa £12,500 per annum.
 
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BUSINESS DESCRIPTION
Glazier & Supplier of Glass & Glazing Products
Specialist in architectural glass
Ref. GK293
Location : SW London
Asking Price : £80,000 + Net Assets
This well known and respected business was founded by the vendor in 2011 and supplies competitively priced window & architectural glass products and glazing services. The business has found itself a much in-demand supplier of glass “splash backs” for kitchen and bathroom installations and mirrors.
A part of the business’ specialism is in toughened glass, glass balustrades, frameless shower screens. They experience great demand for on-site mirror silvering/de silvering & all forms of glass processing, including grinding, drilling, bevelling & polishing.
High added-value and quality critical products and solutions are created for private individuals and commercial clients.
The company employs a highly skilled sub-contract workforce for installation projects and there are two reliable self employed delivery drivers.
The company has become known as a reliable, quality-focused supplier and benefits from its prominent position in a retail unit on a busy road in South West London. Most products are supplied within the Greater London area but regular customers might sometimes require a delivery outside London.
It is fair to say that the business has outgrown the vendor’s ambitions and it is believed to be ready for a new owner to maximise the business’ current growth opportunities, the first of which is to agree to supply more orders.

Market / Competition / Non-Competition Agreements
The company has an excellent website (though at the time of writing is being renewed) providing details on the range of services and portfolio.

A high proportion of the business s revenue has been due to its excellent reputation for quality and service and the business regards its existing clients and partners as its best advertisers, maintaining an impressive database of previous customers, whilst continuing to attract new referrals and recommendations.