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Business For Sale
INDUSTRIAL DOORS, STEEL DOORS SUPPLY
Attn:
Andrew Hudson
Hampshire, United Kingdom, GB
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Listing Number: "GK115"
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Listing
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Asking Price: |
$390000
GBP United Kingdom Pounds
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Business for Sale Industry: |
Retail: Hardware Stores, Garden Centers
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Reason for Selling:
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retirement sale |
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Year Established:
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1981 |
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# of Employees:
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7 |
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Yearly Revenues:
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$515,000 |
Business for Sale Overview:
Established for over twenty-six years, this business is a roller door and shutter specialist. Offering a whole range of industrial doors including roller, sliding and concertina doors, steel fire exit and high security steel doors and roller garage doors, for some years now, this business has been one of the leading companies in its sector in the South East. Based in Hampshire, Kent, this is a small family run business operating mainly south of the M4 and normally within the sector between Brighton and Bournemouth, although projects have been successfully completed much further North in the past. Working mainly for the commercial sector and primarily for the end-user, though the business has strong working relationships within the shopfitting sector, this business supplies, installs and repairs, for a very broad customer base. The products of this business can be found almost everywhere - on the shopfronts of supermarkets and independent retailers, including some of the biggest names on the High Street, as well as other commercial premises and a wide range of council buildings including ambulance stations. This business also has a number of Service contracts in place, working for some of the major Corporates within its catchment area. Such is the reputation and longstanding nature of this business that it is now on its ‘second lap’ – removing doors it originally fitted many years ago and replacing them with the latest technology.
Property Features and Assets:
This business operates from very well-suited freehold premises of approximately 1000 This business operates from very well-suited freehold premises of approximately 1000 square feet, excluding a mezzanine area given over to storage.
The premises have recently been valued at £135,000 and could be made available in addition to the Asking Price. Rates are approximately £2,890 per annum.
Located on a small but busy industrial estate, the premises are ideally located for easy access to the M3, M27 and A27 motorways.
Market Competition and Expansion:
Having been established for a number of years, this business operates on a modest advertising budget limited to an entry into the Yellow Pages, but enjoys the most cost effective marketing available, word of mouth recommendation. A large proportion of its turnover is repeat business.
The business also has a very limited Internet presence – an area that would benefit from significant investment.
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