Retirement sale of immensely successful blind manufacturers, suppliers and installers with
further potential for growth.
Location
The business is ideally situated, with access to major road and motorway links via the M25 (junction 25), which is under ten minutes from the premises. Located in Ponders End near Enfield, Middlesex, just on the edge of Greater London, it is in the centre of a vibrant mix of densely populated residential, industrial and commercial areas.
Premises
The business occupies a fully equipped, 1,800sqft two-storey unit in a very busy industrial area.
This superb well-appointed freehold factory unit is available for sale with the business by negotiation or a new lease can be discussed if preferred.
The ground floor area is used as a stock room containing the extensive range of materials and pre-made blinds. (The business offers very short lead times for all its products and therefore maintains relatively high stock levels to facilitate this.)
The first floor contains the spacious workshop, two offices WC and kitchen facilities. Heating comes from storage heaters. The whole premises are secured by a communicating alarm system. There is also plenty of onsite parking for visitors.
The Business
This successful and profitable business, manufactures, wholesales and installs a wide range of bespoke curtains and blinds, including wooden, roller, vertical, venetian, roman, skylight and plantation blinds.
The extensive, loyal client base is split between domestic, commercial and public sector customers and the ever increasing workload is enhanced by repeat business and word of mouth referrals as the company name has become synonymous with quality product and superior service.
The owner who has 25 years experience in this trade moved the business to its current location three years ago with just two other staff and has grown the business dramatically in that time into the thriving operation it is today. The uncompromising quality of its products combined with the fantastic range they carry and the warm yet professional service has established them as the premier supplier in the area.
The business operates at the quality end of the market, however as it manufactures many of its own products, and its retail business is conducted direct rather than via expensive high street showrooms it has been able to maintain competitive prices as well as an extremely healthy profit margin.
Assets
Assets include: machinery to the value of approximately £10,000, two Y reg vans, company website with e-commerce facilities.
The valuable freehold of the property is available separately should the new owners wish to purchase it.
Competition
The fact that the business supplies to many blind outlets throughout the country, the public direct and the public sector (including a fitting service in the M25 area) makes them unique and unaffected by any similar business as none exist within a considerable area.
Turnover
The owner tells us that the turnover has grown from £100,000 to £450,000 in the last three years. Full audited accounts will be available to potential purchasers on request.
Trading Hours
Monday to Friday 9am to 5pm
Personnel
The business is run by eight full time members of staff, two of which are the owner and his wife who will both be leaving the company on completion of sale.
Reason For Sale
The owner has worked extremely hard over the years building up the business and has decided to retire and take a well-earned rest.
Potential
There are many further areas in which the business could expand. An increase in business could be obtained by employing sales representatives or agents. A sales force would have a fantastic opportunity to increase turnover.
Another complimentary area for diversification would be the supply of awnings (static and retractable, canopies etc.)
Also the owner would readily admit that the company website is not as effective as it could be and, together with the e-commerce facilities that exist, could be utilised to create substantial revenue and a mail order business in its own right.
Attention to the above, coupled with a more aggressive marketing policy could result in an even more lucrative business, in a very short period of time, for nominal effort or extra outlay.
Comments
This business would be an ideal bolt on for a company that is already successful in the blind manufacturing, wholesaling or retailing markets, be it on a local, regional or national level. It would also fit well with an expanding interior design operator where it would compliment the core activities and provide substantial economies of trade in stock purchasing alone. The owners have already built a wonderful reputation and the goodwill that goes with the business is immense, providing an excellent opportunity for someone who is looking for a well known and well respected business operating in a specialist retail sector.
The current owner proposes a generous handover period to provide an opportunity for the new owners to become acquainted with the business and continue the enviable reputation in the industry that this company has built over the years.
Price £200,000 plus SAV Freehold available separately at £185,000
Funding can be arranged please ask for details.
If you require any further information or would like an appointment to view the business. Please telephone 0844 561 1806. Viewing is strictly by appointment only, through ABC Business Brokers and no approach whatsoever should me made directly to the vendor.
Early viewing is advised
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