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Business for sale in United Kingdom - Ik190-manufacturer of bespoke bedroom and kitchen cabinetry-bedfordshire

Asking Price: 450,000 £ Real Estate: Lease
Sales Revenue: 1,100,000 £
Net Profit: 230,000 £
Year Established: 1989
Employees: 5FT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Bedfordshire/Bedfordshire

Business types:

Manufacturing

Business categories:

Furniture & Related Products ; Other Manufacturing

Business description

turner butler are delighted to be appointed as sole selling agents for this exciting business opportunity. This company has been dynamically driven and managed for almost 20 years by its three directors, during which time the business has developed an enviable reputation in its main geographical trading area and beyond. Economic performance has been steadily growing throughout, giving a solid platform for a new owner to develop further from. The trading philosophy of the company’s directors has indeed been a simple one, delivery of excellent products at good prices by direct sales to the public sector. The company uses some of the latest technology in the manufacturing process, a factor that brings even further benefits of quality and price to the end user. This exciting opportunity has great merits for a new owner. The company is stable and very profitable with great potential for further development. Equipment: the company owns and maintains all neccesary machinery, tools and vehicles to undertake the levels of quality work it attracts, and in particular benefits from the the in house cad design system and the fully automatic beam saw and drilling machine. Customer service: dealing directly with the public, the directors have always worked hard to develop relationships with their ever increasing customer base. This factor has helped them to create an excellent reputation for customer service. Key strengths: the company’s key strength is undoubtedly that in electing to deal directly with retail customers, it has developed a successful strategy that has built the business year on year, whilst showing excellent profitability. Growth and expansion: although the company’s track record of success provides a wonderfully stable foundation for the future, the current directors feel that with further investment a new owner could take the company even further towards greater turnover and profitability.

Additional information

Additional information: Not Disclosed
Support & training: All training and support during handover will be supplied willingly as part of a successful sale package.
Reasons for selling: This excellent business opportunity is now brought to the market for sale due to the Directors wish to now pursue other business interests.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: A distinct benefit to the business is the low overhead derived from the yearly rolling lease of approximately £15,000 per annum, with rates payable being approximately £4,500 per annum also.
Location: The business operates from a modern Factory unit with all services connected apart from Gas, but including Broadband Internet. The premises consist of a Showroom and Offices with the production facility at the rear. At approximately 3,500 square feet in size the premises are ample for current and medium term business levels. A distinct benefit to the business is the low overhead derived from the yearly rolling lease of approximately £15,000 per annum, with rates payable being approximately £4,500 per annum also.

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