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Engineering Company Design And Fitting Of Balustrade Handrails For Sale

Glenrothes, Fife, UK
Asking Price:
£195,000
Sales Revenue:
£500K - £1M
Cash Flow:
£100K - £250K

Engineering company specialising in the supply, design & fitting of balustrade systems and handrails. Located within Glenrothes, Fife and catering to the UK & European market. Boasts wide range of income streams within both commercial & domestic sectors. Experienced and well trained staff in place. Operating from Fife showroom and workshops with addition of highly lucrative e-commerce website. Ideal opportunity ‘bolt on’ investment operation for a larger company.

Property Information

Property:

Leasehold

Location:

THE PREMISES
The business operates from a well presented leased commercial unit within an industrial estate on Newark Road in Glenrothes. The modern unit which is surrounded by similar sized units offers showroom to the front, offices and workshop/ store room with roller door to the rear.

Premises Details:

THE PREMISES
The business operates from a well presented leased commercial unit within an industrial estate on Newark Road in Glenrothes. The modern unit which is surrounded by similar sized units offers showroom to the front, offices and workshop/ store room with roller door to the rear.

Business Operation

Expansion Potential:

While our clients have built up a sizable client base within the commercial & residential sector, the business income is generated through a wide range of areas. As not to focus on one or two main clients, the owners of the company had the idea early on of working with a large group of buyers to avoid being potentially dependant on a small number of large contracts. This foresight has resulted in our clients enjoying a wide range of income streams from a varied market which in turn has helped insure stability for the company.

By offering both self-install style balustrades which come in modular kit form, ideal for the DIY market to the fully custom designed balustrade systems for commercial clients, the business is in a unique position of being able to equally attract trade from both markets. As expected, all of the high quality products that Handrails Direct Ltd supply meets with building regulations with the company providing all relevant test data if requested. In addition to the showroom, the business also generates trade through two company websites.

The Handrails Direct & Scottish Balustrades site offers a range of important information on the general services, products and some photographic examples of work carried out by the company. While Handrails Direct Components, is an e-commerce site that allows customers to purchase components direct from the company. The site offers a wide selection of glass clamps, base plates, post-top stems, tubes and other associated items.

The easy to navigate site also offers the option to potential clients of generating instant quotes for custom designed balustrade systems. This relatively low maintenance website has proven to be a terrific source of income for the company and shows no signs of letting up. With the impact of Covid-19 on society, one of the outcomes has been that the general public are increasingly turning to online purchases rather than face to face interactions which will only further benefit well-constructed and established sites such as the Handrails Direct Components website.

The company is now set up in such a way with, experienced staff and with many clever operational systems now being in place that Handrails Direct Ltd is ripe for expansion online and via more traditional channels. Another area that a new owner or investor may wish to consider is the idea of rolling out the business as an owner operator franchise opportunity throughout the UK.

Having built up an excellent reputation within the sector, the company would be an ideal acquisition, possibly for a larger operator to take over the reins and to capitalise on the hard work put in by our clients.

Over recent times our clients have decided that to allow the company to continue its growth, now would be an appropriate time to step aside to allow for a new owner, possibly a larger operator to come in and take over the future expansion of the business.

Reasons for selling:

Over recent times our clients have decided that to allow the company to continue its growth, now would be an appropriate time to step aside to allow for a new owner, possibly a larger operator to come in and take over the future expansion of the business.

Contact Scottish Business Centre

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