Sold. Manufacturer Of Bespoke Architectural Joinery

Manufacturer of Bespoke Architectural Joinery
Ref.GE078
Location South East
Undeclared

The Company has the following key attributes:

• a known brand within the joinery sector.
• a very well established business – approximately 20 years of successful trading.
• loyal customer base of Architects, Surveyors, Designers and end-users, providing an on-going stream of projects.
• impressive track record of prestigious projects.
• highly skilled, loyal, trained and experienced staff.
• purpose designed, well equipped production facility encompassing the latest manufacturing techniques.
• managed largely at arms length from the current ownership.

The Company provides an acquirer with the opportunity to:

• acquire a very well established, growing and profitable business.
• substantially increase profits by expanding the staffing resources to enable the business to take on additional projects.

Financial profile:
For the financial year ending September 2011, the business achieved a turnover of almost £660,000, generating a gross profit of almost £400,000 and a pre-tax net operating profit slightly in excess of £300,000.

Offers are now invited for 100% of the Issued Share Capital of the business based on a Balance Sheet value of between £200,000 and £300,000, adjusted to allow from a removal of the long leasehold premises, from which the business operates from the Balance Sheet as well as a revaluation of the plant and equipment used in the business.