Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Oak Timber Frame Manufacturer
LISTING DETAILS
Firms For Sale ID:
33237
Vendor reference:
EL016
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£650,000
Turnover / revenue:
£1,421,710
Net profit / cashflow:
£277,059
Years established:
11
Number of employees:
7
OTHER DETAILS
Reason for selling:
The vendor feels the company has reached its level by growing organically and now requires investment from a new owner to take it to the next level.
Support and training:
The vendors are happy to provide support and training for the new owners in order to ensure continuity of trading and contacts and a smooth transition of ownership.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Oak Timber Frame Manufacturer
Specialists in high quality design, manufacture and construction of various oak structures, traditional oak frame buildings, SIPS Panel built houses, garages etc, joinery shop, windows, doors, in-house design joinery machinery
Ref.EL016
Location Sussex
Asking Price GBP 650,000
This business has gained an unrivalled reputation for the design and manufacture of various and bespoke high quality oak framed buildings and joinery. The vendors have considerable experience in the industry, starting as carpenters themselves, and subsequently started this company in 2002. Since then the business has achieved rapid growth, a very good reputation and as a consequence an excellent amount of on going business. Clients are spread 70/30 private and commercial.
The company is based in excellent premises with all the facilities the highly skilled craftsmen require to maintain the first-rate trade history and quality of work the business attains. The premises comprise of a large joinery workshop, design office and a large external framing yard where the expert team produce a range of hand-crafted oak structures including houses, garden rooms and porches to garages and outbuildings.
Sage software is used for accounts, invoicing and payroll. The in-house design team use Autocad, the latest computer aided design software, for design and bolt-ons, producing detailed designs with both 2d and 3d drawings.
An official delivery partner of Kingspan and their TEK panel system, often called SIPS (Structurally Insulated Panel System), this system provides a quick and easy method of construction that fits perfectly around an oak frame as the majority of claddings can be attached to the SIPS.
All this aside the the company still has huge growth potential possibly with increased sales and marketing and investment in in-house CNC machinery.
Expansion Potential
There is the opportunity to increase sales marketing and invest in CNC machinery which would boost the manufacturing capacity of the company and increase the turnover and profitability.
Market / Competition / Non-Competition Agreements
The company has an excellent informative website providing details regarding the products and services that are provided along with on-line brochures