Nationwide, Online Secondary Glazing Company

Bradford
REF: 01487

Asking Price:
£150,000
Annual Turnover:
£176,656
Annual Net Profit:
TBC
Featured
Recently Sold
REF: 01487
Photo of Nationwide, Online Secondary Glazing Company
Photo of Nationwide, Online Secondary Glazing Company
Photo of Nationwide, Online Secondary Glazing Company
Photo of Nationwide, Online Secondary Glazing Company

Overview

Tenure:
Relocatable
Established:
2010
  • Great Reputation
  • Annual Turnover - £176,656
  • High Adjusted Net Profit Figures
  • Limited Competition
  • Featured in National Newspaper

This is a fantastic opportunity to purchase an online secondary glazing business that can be easily relocated to any location within the UK.
The business specialises in offering private and commercial clients a highly cost effective (15% of the cost of double glazing) and eco-friendly alternative to traditional double glazing in order to insulate their homes and premises and cut energy bills by up to 30%.
Founded in 2010, the business has grown by an average of just over 100% each year since inception and is regularly profiled in national newspapers, consumer magazines and other media.

The business is currently based in Eastburn, with the products measuring and cutting taking place from a location in Scotland. A potential buyer could relocate the business to any location in the UK with ease and without it having a detrimental effect on the business.
This is a goodwill sale that will include any stock the business is holding at point of sale, so there are no premises involved in the sale.
The current owners have agreed to offer a buyer a comprehensive transitional period in which they will explain the products in great detail and introduce them to suppliers, customers and other relevant stakeholders in order to ensure future success of the business.

Intelligent Business Transfer are excited to bring to the market this opportunity to purchase a secondary glazing company that can be relocated to any location across the UK.
Ecoease has been established since 2010 and has gained an unbeatable reputation amongst previous clients and in their industry in general. The business offers private clients a product that acts as a cost effective and eco-friendly alternative to traditional double glazing. The business supplies cut to size PET (polyester) glazing panels which are accompanied with a magnetic strip which allows for easy usability when helping clients, reduce their energy bill (by 25%), reduce condensation and substantially reduces noise levels.
A potential buyer would have several ways in which they could grow the financial figures of the business. One way in which this could be done, could be to increase the advertising of the business to raise awareness of the cost effective product and therefore increase the sales revenue. A potential buyer could also supply their product to those in the trade, rather than just selling their product to private customers.
Ecoease is continuing to investigate new markets for its glazing and continuing to innovate. A number of large multi-dwelling estates are trialling the product and marketing activity is continuing to target landlords who are compelled by law to improve the energy efficiency of their properties by 2018. A growing number of commercial developers are also enquiring as to Ecoease's products. A new hinged window system is also currently being tested that will enhance the company's product range. In short, the potential for growth in the right hands and with the right strategy is very significant.
The business has received national media coverage in the Sunday Times, Sunday Telegraph, Daily Mail, Express, Mirror, BBC Radio 2 and many consumer titles.
The current owners are selling the business due to retirement. This would suit an entrepreneur or large double glazing company looking to expand into this lucrative market and reap the financial rewards.

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