REF: 2657 BUSINESS FOR SALE
Manufacturer of Aluminium Orangery Structures, and Exhibition Stands
Offered for acquisition is this specialist manufacturer and trade-only supplier of a patented system for the construction of orangery structures, portal frames, guttering and cornice, and exhibition stands.
Established in 2011, but with roots going back into another business, the company is offered with a busy manufacturing premises and skilled staff, plus a stable order book and a large number of established repeat trade customers. It should be noted that the company does not get involved in on-site installation but produces tailored solutions for each project as specified by trade customers - usually home improvements retailers, installers, builders and project designers. Each structure is fabricated in the factory and delivered direct to site as a complete installation kit.
Installations are designed to be site-friendly, requiring minimal equipment and personnel. The structures themselves are a bespoke aluminium subframe structurally qualified and are highly thermal efficient, all structures comply fully with building regulations in England & Wales.
Property: Leasehold business premises on a modern trading estate
Expansion potential: The UK home improvements sector is thriving, and, as the owner has other business interests, it is fair to say that the company has been under-marketed. Despite this it is underlying profitable with gross profit levels of 50%+. As the system is bespoke, efficient in both installation costs and ongoing ownership there is a wide UK market to target, given the right new management approach.
Financial: For the (Covid-affected) year to 31st January 2021 the company had sales of £247,000. The year to 31st January 2022 is expected to show sales circa. £400,000 and there are good levels of net profit recorded in the year-to-date.
Guide Price: £250,000 plus patent.