FOR SALE | Specialist Glass Processing & Manufacturing Business | Express Interest by 23 June 2020 – Ref: Project Alice
Fourth generation professional auctioneers and valuers
BUSINESS OPPORTUNITY
Due to the financial position of the business, an opportunity has arisen to purchase a specialist glass processing and manufacturing business together with small scale replacement and refurbishment of windows, doors and conservatories and glazed extensions. To be executed at the earliest opportunity.
OVERVIEW OF BUSINESS
• Specialises in glass processing and manufacturing (approx. 75% T/O);
• Incredibly well established in its locality,with 1/3 of turnover generated through cash sales;
• Top 10 customers in FY2019 accounted forjust under 1/3 T/O
• Budget T/O for FY2020 £3.0m. First quarter 11% down on budget
• Trades from leasehold premises located in the North West of England;
• 44 members of staff which includes the Company’s directors;
• Recent significant investment in machinery
• Customers include trade, commercial property owners, fitting companies, andlocal homeowners
• Purchase of site freehold may be possible via a separate arrangement
EXPRESSIONS OF INTEREST
All expressions of interest should be made to Phil Ross or Amy Lowden-Brown at Lucas Johnson Limited by close of business on 23 June 2020. A purchaser must be able to complete immediately. For further information please contact either:
Phil Ross
Tel: 0161 929 8666
Email: Phil.Ross@lucasjohnson.co.uk
Amy Lowden-Brown
Tel: 0161 929 8666
Email: Amy.Lowden-Brown@lucasjohnson.co.uk
Unit 2 Pacific Court, Pacific Road, Atlantic Street, Altrincham, WA14 5BJ www.lucasjohnson.co.uk