A Group of Companies within the Domestic, Trade and Commercial Contracting Windows and Doors Sector

Description

Business Opportunity

An opportunity exists to purchase the business and assets of a UK based Group of Companies within the Domestic, Trade and Commercial Contracting Windows and Doors Sector.

The purchase will be executed at the earliest opportunity.  All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Asset Valuations Limited as appointed agent on behalf of the vendor.

Business Overview

  • The Companies are well established.
  • Freehold and Leasehold warehousing, office space and showrooms.
  • Established customer relationships.
  • Excellent reputation and loyal customer base

Assets Available for Sale

  • Long leasehold warehouse and office premises.
  • Freehold high street retail showroom.
  • Two leasehold high street retail showrooms.
  • Unencumbered Plant & Machinery.
  • Inventory of Vehicles (subject to finance).
  • Work-in-progress.
  • Order book.
  • Goodwill & IPR.

Financial Information

Trading Company 1 full year to 31/05/2019

Turnover                                  £2,220,370

Gross Profit                              £434,998

Operating Profit/(Loss)              £(263,592)

Trading Company 2 full year to 31/05/2019

Turnover                                  £577,944

Gross Profit                              £158,720

Operating Profit/(Loss)              £(1,733)

Trading Company 3 full year to 31/05/2019

Turnover                                  £755,170

Gross Profit                              £266,955

Operating Profit/(Loss)              £32,275

Holding Company full year to 31/05/2019

Interest Receivable & Similar Expenses       £134,736

Interest Payable & Similar Expenses           £(7,372)

Profit for Financial Year                             £127,319

Location

South East, England

Deadline for Offers

Deadline for offers no later than 12 noon on Tuesday 26th May 2020.  Any party interested in this opportunity is encouraged to promptly contact Middleton Barton, and to sign and return a Non-Disclosure Agreement (issued on request).

Sector

Domestic, Trade and Commercial Contracting Windows and Doors Sector.

Category

Business For Sale

Location

South East, England
TOP