Sold. Tubular Furniture Frame Manufacturer

Tubular Furniture Frame Manufacturer

Ref.IK229
Location Yorkshire
Asking Price £ 450,000

Established in 1993 by the vendor, this is a successful and profitable, independent, familly owned manufacturer of Tubular Frames for the Furniture industry. The company specialises in cutting, bending and forming tubes for contract furniture suppliers and are the manufacturer of the furniture frame. The end product, when assembled, is normally office seating, which is then sold on, by the furniture contractor, to the leisure industry and the educational market.

The company over the years have become an expert in their field and work primarily with ERW mild steel tube. They work closely with their customers producing samples, prototypes and modifications until the perfect product is evolved. Bulk samples are then manufactured allowing the contractors to go to market and obtain orders for bulk production, which the company then produce. All of this work takes time and money and the company have invested heavily over the years with a large inventory of machines, tooling and equipment, all fully owned within the factory, operated by a small team of experienced and highly skilled workers.

The company prides themselves on being a customer friendly supplier working closely with their clients and having the flexibility to troubleshoot and solve any problems that might arise. They are simply a component manufacturer to the furniture manufacturing industry and clients feel comfortable working with them and treat the factory as their own metalwork shop.

Expansion Potential
This is a specialist manufacturer that has grown alongside their industry for the past five years. The type of components that they provide are continually evolving and the forecast for this type of contract furniture is for continual growth in the foreseeable future.

The business infrastructure is set up in such a way that it is able to function successfully without the presence of the vendor. There is spare capacity to take on further work and expand the workforce and factory, although the vendor is comfortable with the amount of work produced at present.

There are other areas which could be looked at to increase turnover and profits including outdoor furniture and shop fitting. All machinery is in place to manufacture components for these industry sectors.

The company has worked with a database of regular repeat clients and have not needed to market their business. The vendor understands that the business would benefit from the development of its own website and investing in a marketing campaign.