 | Established Thriving and Extremely Well Equipped Manufacturing Business Retford, United Kingdom Advert ref: 1462GT FINANCIAL DETAILS | Asking price: £75,000 Sales revenue: £315,000 Net profit: £45,000 Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | An established, thriving and extremely well equipped manufacturing business trading from spacious premises, well positioned on an industrial estate on the fringes of the pleasant North Nottinghamshire town of Retford.
The business specialises in the manufacture of a wide range of very high quality wooden furniture products including bedroom, dining room and office furniture etc., produced from a variety of wood, including Pine, English Oak and Cherry wood.
‘Classique Cabinet Makers’, has an extensive database of clients throughout the UK, including supplying a concession with 20 outlets positioned within a major, household name department store, out of town retail chains, and independent retailers etc.
This hugely reputable and highly profitable business trades with a constant forward order book of circa £35,000.00 and deliberately traded to a level well within it’s potential and capacity by our clients.
Here is a business offering genuine, significant potential for further growth, as our clients choose not to advertise or market their products and have no direct or telephone sales facility, relying instead of word of mouth, customer recommendations and repeat custom. Additionally, the business would clearly benefit significantly from the creation of a dedicated factory retail outlet.
The business is easily managed by our clients (two), with six manufacturing staff and two trainees, and is now offered for sale due to their intended retirement from the industry, presenting an excellent opportunity for very significant further development by the enthusiastic and hands-on new owners.
Premises: Spacious industrial unit premises of approximately 3,500 square feet, briefly comprising: Large manufacturing area, extensively equipped with a range of high quality manufacturing machinery, tools and plant. Separate administration office. Staff room/kitchen and two separate staff toilets.
To the front of the premises is an extensive vehicle car park serving a number of industrial units on site.
Please Note: The extensive range of quality machinery and equipment has an estimated value of £45,000.00 when they established the business in 2005, and is included within the sale price. An Iveco Daily 3.5 Tonne delivery van with a value of circa £9,500.00 is also to be included.
Viewing: Please telephone this office on 0114 2356600 and we will arrange a suitable appointment time for both parties.
Offers: All offers are for the leasehold business, goodwill, fixtures, fittings & equipment, and should be made to this office.
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GENERAL INFORMATION | Property: Leasehold
Lease terms
We are informed that the premises are retained on a 5-year lease from 2005.
Rent: £1,100.00 per month.
Utilities: Circa £400.00 to £500.00 per month.
Rates: £320.00 per month.
Location
Ordsall is on the fringes of Retford, a very pleasant and popular North Nottinghamshire market town close to Doncaster and to the major road and motorway networks.
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The Business Partnership - South Yorks, North Notts, North Derbys | | | |
