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Quality Blinds - Gloucestershire

Company Type Turnover Location Entered Ref No.
Quality Blinds Not Specified Gloucestershire 11/04/2008 607380


Asking Price
£475k

Description
The business, established for over 20 years, produces a wide range of internal window blinds including roller, venetian, vertical and pleated blinds for the installer, retail and end-user market. Operating from leased premises the business has a 3750 sq. ft. factory, plus a showroom and offices. There is a skilled and motivated workforce of 13 including a number of part-timers. Over 85% of sales are repeat orders. A particular focus on customer support and after sales service means that there is little customer defection – indeed some end-user customers span 3 generations of the same family. The market for blinds is growing and there is plenty of scope for expansion. The financial performance is also excellent with sales having increased by more than 50% over the past 3 years - now running at in excess of £600k per annum with an adjusted operating profit in excess of £100k. The owner wishes to retire from full-time duties but he would be prepared to stay on for an extended period in a part-time, consultancy capacity. The guide price for this business is £475k for 100% of the shares on a "debt free, cash free" basis.


Category
The manufacturing section lists businesses for sale in areas such as injection moulding, manufacture of kitchens, production of metal pressings and more.


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