Total of 18656 firms and businesses for sale today Friday 26th April 2024
Sold. Fully Equipped Architectural & Bespoke Joinery Manufacturing Company
LISTING DETAILS
Firms For Sale ID:
34768
Vendor reference:
GE095
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£85,000
Turnover / revenue:
£520,000
Net profit / cashflow:
£50,000
OTHER DETAILS
Reason for selling:
The vendors are looking to consolidate their other non-conflicting business interests.
Support and training:
The vendors will provide a smooth transfer of the business to new owners to ensure continuity of trading. This is not expected to be a lengthy process as the business has excellent management already in place.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business is being offered for sale on a leasehold basis.
The business is located centrally to the town and comprises:
1.Machine Shop area c9.93mx7.330m
2.Assembly bench area c9.98mx7.33m
3. Office 1. c3.00mx3.50m
4. Office 2. c3.00mx2.40m
5. Wood store area 10.00mx7.30m
6. Spray Booth . 4.85mx3.50m
7. Glass Area.9.90mx6.20m
Upstairs Offices
8. Front office 4.70mx5.60m
9. Middle office 4.70mx5.60m
10. Back Office 3.20mx5.60m
The premises are in good condition with all services connected and full dust extraction. They have large loading bays and ample parking spaces.
BUSINESS DESCRIPTION
Fully Equipped Architectural & Bespoke Joinery Manufacturing Company
Ref. GE095
Location : Barrow/South Cumbria
Asking Price : OIRO GBP 85,000 (inc stock, plant and equipment)
This very well established company was set up more than 15 years ago by the current vendors. The company has built up an enviable reputation in the market it serves through manufacturing and installing quality purpose made architectural joinery products, for both commercial and domestic clients.
Range of products include windows, sash windows, doors, balustrades, mouldings, staircases, spindles, bar fitting, receptions, newel posts, architrave, conservatories and porches. The company offers a full turnkey solution including
Full Design Service
Site Surveys
Manufacture of Bespoke and Standard Joinery Production
Installation
The company enjoys very consistent levels of trading from an impressive base of regular clientele. Clients include individuals, contractors, public sector establishments with large estate and blue chip commercial organisations. Approximately 50% of revenues are from commercial clients. Most of its work comes via referrals, repeat busienss and word of mouth recommendations.
The vendors have built up a superb team of key staff from apprentice level right through to joinery/manufacturing manager level, which ensures the business operates smoothly on a day to day basis. It also means the business is not dependant on the vendors, one of whom is supervisory, the other does not work in the busienss nowadays. Staff are highly skilled and loyal.
The business operates from an ideally located manufacturing facility. The business is being marketed on a leasehold basis.
Expansion Potential
The business has enjoyed consistent levels of business over the last few years from a very loyal customer base, despite tough economic trading conditions, and believes sales will improve in the future with the region seeing increasing levels of activity, particularly with some of the major employers/customers in the area securing new long term projects. The business has the spare capacity to easily expand its output should a new owner so require, such is the level of infrastructure it has in place already.
Market / Competition / Non-Competition Agreements
The business enjoys high levels of repeat business, word of mouth recommendations, specifications and referrals, however, it could benefit from a more strategic marketing campaign. It has just put in place a new highly informative website although its online presence could be developed even more. There is no external sales representation at present.