Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Specialist Design, Manufacture & Construction Of Closed Panel Timber Framed Systems For Houses,
LISTING DETAILS
Firms For Sale ID:
33101
Vendor reference:
EL015
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£1,100,000
Turnover / revenue:
£2,107,538
Net profit / cashflow:
Undisclosed
Years established:
15
Number of employees:
8
Employees / staffing:
The company employs two working Directors, buyer/ QS, three designers, contract manager, and part-time administrator, eight in total.
Factory management and staff are hired on a contract (self employed) per job basis, at fixed rates that cover all aspects of manufacturing and inspection.
The (self employed) fitting teams are contacted as and when required.
This arrangement has given the company tighter control of their costs and proved to be very successful.
OTHER DETAILS
Reason for selling:
The vendor believes a new owner could take the business to the next level of expansion and he would be happy to remain as a member of the team if asked
Support and training:
The vendor is happy to stay and provide support and training for a negotiated period of time, if required.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Specialist Design, Manufacture & Construction of Closed Panel Timber Framed Systems for Houses, Nursing Homes, Hospitals and Commercial Property
Ref.EL015
Location UK / IRLAND
Asking Price £ 1,100,000
Formed in 1998 the business designs, manufactures and erects a unique closed panel timber framed product, which produces highly energy efficient air tight dwellings. Mulitple houses are produced for builders and developers while ‘one-offs’ can be ordered for residential dwellings, public buildings, commercial premises, hospitals etc.
The company is unique in producing SIPS (Structural Insulated Panels).
The company has researched and invested in the closed panel system that it now produces and this relates to over 95% of their turnover with very considerable potential for growth.
All design manufacture and administration is undertaken in Ireland, that also caters for the UK market. The sales operation was set up in the UK in 2011, and has proved to be highly successful, with many projects now finished in the UK, both commercial and residential.
The business is engaged in continuous product development and with no significant competition in Ireland has great potential to increase sales, both there and in the UK.
This is an excellent opportunity to acquire a well established market leading business with 18 years of expertise, trained staff producing a unique closed panel product that has gained an excellent reputation.
Market / Competition / Non-Competition Agreements
Strategic and well thought out advertising and marketing has been a corner stone to the business, and really pushed them to the top of their sector. The company has a show house in Ireland and attends many exhibitions whilst also exhibiting in the self build centre in Swindon.
The company has an excellent informative website providing details regarding the products and services provided. Throughout the years many articles have been published in different magazines and newspapers.
Along with this there is a constant ongoing review of where they need to be in a changing market to keep them in the front of new potential clients.