Manufacturer & Installer of Bespoke Steel and Glass Balustrades & Balconies, Gates, Railings, Handrails, etc. - South Devon

Price : £26,000

Business Reference No. 12732

  • Long and well established business
  • Excellent name and reputation
  • No need for marketing expenditure to promote the business as it is able to rely heavily on recommendations, referrals and repeat business
  • Turnover £96,096 (gross profit £33,569) but genuine scope for significantly higher – was achieving £180,000 to £280,000 p.a. (2014/15 – 2015/16) prior to owner cutting back on type and level of work undertaken (solely to suit his personal needs)
  • Very extensively and valuably equipped
  • Available with existing business premises or on a relocation basis if preferred
  • Offered at absolute bargain price for early sale – owner wishes to retire by spring 2020

THE BUSINESS : Established by the current owner in 1983 (at that time in partnership) and incorporated in February 2012, the business is mainly involved in the manufacture and installation of steel and glass balustrades and balconies (which accounts for about 80% of total work/income) and also miscellaneous other items such as gates, railings, handrails, etc. together with general steel fabrication work. The work generally undertaken is basically relatively small projects/jobs, mostly for private residence customers. However, some commercial and sub-contract work is carried out. In particular, the business benefits greatly from referrals from property management compan...

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