Home Improvements company
Ref. GB194
Location Hampshire
Asking Price £170,000
Business Profile
Introduction
Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Share capital of a company specialising in home improvements.
Key strengths:
The business has the following key attributes:
• A ‘one stop shop’ for all forms of home improvement.
• Conservatories, orangeries, extensions, loft extensions etc; replacement windows and doors, fascias, soffits, guttering etc; kitchens, bedrooms, bathrooms and fitted offices and small works. • ‘Holistic’ approach to meeting customer requirements
• ‘Big Corporate’ processes and systems within a small medium sized organisation.
• Strong management team irrespective of Owner.
• High levels of workmanship from loyal, tried and tested, flexible teams.
• Strong supply chain.
• Low overheads
• Profitable and well-managed Business.
• Excellent opportunities for growth and expansion.
The business provides an acquirer with:
• An ideal bolt on for a company already operating in the home improvement sector looking to expand their presence or gain a foothold in the Hampshire area.
• An excellent ‘starter’ business opportunity for an organisation or an individual looking to establish themselves within the home improvement sector.
Financial profile:
For the financial year ending November 2014, the business generated turnover of approximately £983,000, gross profits slightly in excess of £212,000 and an EBITDA before Directors’ costs of £71,400. Shareholders Funds stood at £23,600.
The Asking price of £170,000 is for a sale of 100% of the Issued Share Capital in the Business based on a Balance Sheet value of £23,600.
