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Quality Custom Blinds and Solar Control Business with Growth Potential in Kent

 Undisclosed, Kent

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    11/04/24

  • Advert ID

    609629

  • Reference

    B07951 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £517,380 (£9,950 Per week)
  • Net Profit: Not Applicable

Business Details

Made to measure blinds and solar control specialists

Business
Please quote reference Number B07951.

Established in the early 1990s, the company specialises in the design, manufacture, supply, and installation of internal and external blinds, curtains, awnings and solar control/security window films.

In addition to their own branded products, they also distribute well-regarded industry names such as Luxaflex, Silent Gliss, Weinor, Louvolite, Velux and Decora. Their expansive product portfolio includes internal and external blinds, window films and graphics, terrazza roofs, security products, plantation shutters, all-weather system blinds, and more.

The company operates from an expansive factory in the South East, where its internal blinds are manufactured. They also maintain a 600 sq ft showroom at this location, showcasing a wide variety of their product offerings. For customer convenience, the company has dedicated sales representation covering their core territory, while their service areas extends to encompass all of London and the Home Counties.

Catering to both the residential and commercial sectors, 68% of the company’s thriving trade over the past 12 months came from repeat customers or word-of-mouth referrals, a testament to their commitment to customer satisfaction.

Key investment highlights include:

  • In-house manufacturing facility, allowing for greater quality control and more seamless installation process;
  • A comprehensive showroom, leading to higher conversion rates and faster sales cycle;
  • Established supplier relationships, e.g. with Germany’s Weinor Awnings;
  • A strong repeat client base;
  • A healthy financial profile, with consistent revenue generation and a strong bottom line.
Financials

The company has a history of consistent revenue generation, achieving turnovers of £517,380 and £589,003 in 2023 and 2022, respectively. The company has also consistently maintained a strong bottom line, achieving an adjusted EBITDA margin of between 18-27% over the past three years.

Market opportunity

The UK window coverings market is projected to grow at an average annual growth rate of 2.88% from 2024 to 2028, driven by growing consumer demand for home automation, energy efficiency, and stylish home décor solutions.

Highlights - 

  • In-house manufacturing facility, allowing for greater quality control and more seamless installation process;
  • A comprehensive showroom, leading to higher conversion rates and faster sales cycle;
  • Strong market presence in the South East of England.
  • Established supplier relationships, e.g. with Germany’s Weinor Awnings;
  • A strong repeat client base;
  • A healthy financial profile, with consistent revenue generation and a strong bottom line;
  • Highly scalable, with several opportunities to drive revenue growth.
Opportunities - 

The company possesses a robust foundation for significant growth, and is well-placed to capitalise on a growing market, further expand an already impressive product portfolio, and drive new customer acquisition efforts.

Currently, the factory also operates below its full manufacturing capacity, offering scope to significantly ramp up production.



Location
Based in the South East.



Premises
The business operates from an expansive manufacturing facility and showroom. 



Tenure
The premises are Leasehold



Hours
The business operates all the year round.



Staff
The business has a small team of staff in place.



Financial Profile
Turnover IRO - £517k in 2023.

•100% share capital. 
• Interested parties will be required to sign an NDA.



Read more

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Listing Statistics

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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