Business Summary:
Panel Manufacturer to the Building Trade
Confidentially offered for sale
Ref No: GB084
Location: East Yorkshire
Asking price: £100,000
This company was established in 1969 and is a proven supplier of insulated composite panels and cavity closures fabricated from high density foam.
In this specialised field, the company has very little competition a base of long standing customers and a good cash flow position and is easy to operate.
The company buys foam panels in from a reputed supplier. On receipt of an order, the company fabricates the foam to the clients specified finish. These finishes can be either metal, wood, UPVC or other suitable finishes.
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| Year
Business was Established: 1969 |
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| Facilities / Terms of Lease:
The company runs from a circa 15,000 sq. ft industrial unit with gas central heating. There is a small reception area and a suite of three offices plus a conference room. Adjoining the offices there is a canteen and toilet block. The workshop/factory houses all of the equipment and has plenty of storage areas. There is ample parking at the front of the building.
Rent is circa £30,000 per annum and the rates are circa £10,000 per annum. |
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| Potential
Growth/Expansion:
With a successful business model in place there is considerable scope for future growth by simply building on the strengths of the business.
There is a significant opportunity to capture additional volumes of business by adopting a structured sales and marketing campaign aimed at new building developers and approaching other councils across the UK. |
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| Competition:
The company spends a little money on producing occasional mail shot leaflets and has created a functional website.
Most of the business comes from word of mouth recommendation and from regular repeat customers.
The owners suggest that a sales drive and employing a sales representative would increase their order book dramatically. |
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| Owner
willing to train:
Both partners would be happy to help with a smooth handover and training. |
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| Reason for selling:
Both partners are reaching retirement age |
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Seller Reference Number: GB084
BusinessMart.com Listing Number: 36592 |
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