 | Furniture Component Manufacture And Distribution Wiltshire, United Kingdom Advert ref: 2091 FINANCIAL DETAILS | Asking price: £125,000 Sales revenue: < £200k Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | This business has evolved from its roots in wood turning & fabrication to become a formidable and recognised distributor of door handles and accessories for the furniture industry. Whilst retaining some manufacturing (wood turning) capability it only represents a relatively small proportion of the sale volume (6-8%); the owners have chosen to continue producing wooden products as they are relatively high margin and adds credibility to the overall business proposition.
|
GENERAL INFORMATION | Years established: 25
Employees: 2
Trading hours: to suit
Relocatable: This business can be relocated.
Property: Leasehold
Lease terms
The business trades from industrial premises on a large industrial estate in Wiltshire, The whole facility is 1700 sqft plus two port-a-cabins (owned by the vendor) which are used for office and showroom. The company operate on a 12 month rolling lease with limited obligations, so long as the property is wind and watertight the landlord is happy. The rent is £400pcm plus rates of around £93 per month (10 months).
To the most part the building is used for storage and is racked accordingly, additionally there is a woodworking workshop with wood turning equipment and appropriate extraction equipment. The showroom whilst relatively small provides an ideal environment for displaying many of the products on offer.
The office is fully equipped and located in the part-a-cabin.
There is ample car parking on site and no problems with access.
Living accomodation
NA
Location
Industrial estate
Expansion potential
E Commerce and external sales
Competition / Market
Nothing Local
Support & training
handover and ongoing support if required.
Reasons for selling
Retirement
|
The Business Partnership - Avon, Somerset, South Gloucs, Wiltshire | | | |
