Home Business sales

Business For Sale - Details


Distributor of flues and chimneys products - Project Stack


Opportunity to acquire a distributor of flues and chimneys products; and/or a manual and CNC metal spinning business

 

OVERVIEW

The Company is a major distributor of flue and chimney products and heating appliances in the UK.

1. Flues/chimney products distributor: key highlights

  • The network of 9 branches across the UK allow same day access to 1000’s of products. Next day delivery on most stocked items, serviced from a central hub.
  • Customers include SME who supply and install flue, chimneys and stoves in residential and commercial markets, fireplace shops and builders merchants/wholesalers
  • The Company also operates an industry recognised training school and has recently added a portfolio of ventilation products. A best-in-class e-commerce platform is close to being launched.
  • There is currently a workforce of approximately 70 permanent staff
  • Key assets comprise goodwill, customer base and stock
  • The sale represents an opportunity for a trade buyer or financial investor



2. Metal spinning business: key highlights
  • This is a subsidiary of the first business above but can be sold separately
  • UK based, fully automated robotic spinning facility can run for longer and more efficiently than traditional manual workshops
  • Customers include OEMS who use metal spinnings in their products such as manufacturers of chimney cowls, lighting and acoustic silencers.
  • Approximately 15 employees work from the leased premises in Devon

 

TIMETABLE FOR PROCESS

Cash flow pressure has resulted in the Board of Directors exploring an urgent sale of the businesses which are expected to be transacted via a pre-packaged administration.

NON-DISCLOSURE AGREEMENT

If you would like more information about this company and to register your interest please complete and sign the attached Non-Disclosure Agreement and return it to chicks@lsh.co.uk.

 

IMPORTANT

This briefing sheet contains information supplied by company personnel. LSH provides no warranties or indemnities in respect of such information. All interested parties must rely on their own investigations when reviewing this opportunity.

 

(595 09.07.2019)

Simon Cornelius-Light

Director

CONTACT

01392 798045

07918 641338

scornelius-light@lsh.co.uk