BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£325,000
Turnover / revenue:
£540,000
Net profit / cashflow:
Undisclosed
Years established:
27
Trading hours:
Monday Friday: 9.00am 5.30pm (with supplementary hours worked as necessary)
Saturday: 9.00am 4.00pm
Number of employees:
4
OTHER DETAILS
Reason for selling:
The current owner now wishes to downsize in to other business interests in order to more fully honour his family commitments.
Support and training:
All training and support during handover will be supplied willingly as part of a successful sale package.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Rent and rates currently payable are approximately £43,000 per annum combined. However, to the benefit of a new owner, a new 5 year lease can be arranged as part of a successful sale package, at approximately £27,000 per annum.
BUSINESS DESCRIPTION
Bespoke Manufacturer of Bedroom and Kitchen Cabinetry
Ref.IK189
Location Norfolk, East Anglia
Asking Price £ 325,000 Including Asset (Asset value of £40,000)
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never before been brought to the market for sale. This company has been dynamically driven and managed for 7 years by its current Managing Director with family connections in the company stretching back to 1983. During this 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 companys owner has indeed been a simple one, delivery of excellent products at good prices by direct sales to the public sector, giving close attention to the detail of their hand made products along with an almost infinite choice from up to 60 suppliers of ancillary products.
This exciting opportunity has great merits for a new owner. The company is stable and profitable with great potential for further development.
Expansion Potential
The current owner, after a period of re-investment back in to the company, fells that the business is now well placed to increase turnover and profitability.