Educational Furniture and Accessories For Sale

Business description

Specialised Manufacturer and Installer of Educational Furniture and Accessories

This business was founded in 1996 following an MBO, with a generous combination of innovative insight and entrepreneurial spirit and has grown since to become a significant enterprise with a countrywide reputation among independent and larger clients for the quality of its products and service, its honesty and reliability.

The business offers a comprehensive range of desking, storage, seating, workstations and specialist furniture products for educational establishments including schools and universities covering every level of affordability; high premium and economy, many with uniquely designed features that create a clear difference between this business’s products and competitor’s but each designed to meet the customer’s needs for productivity, delivery and quality.

The company maintains a strong product development ethos extending their range of furniture to meet the ever changing needs of a modern school environment, from pre-school to universities.

The business operates from a prime location in Cambridgeshire and specialises in the manufacture and supply of a comprehensive range of all types of classroom furniture, from standard storage and desking to specialist Technology Area’s. The standard finish is Beech, other finishes are available on request. All products have been designed to suit new build and refurbishments across the whole portfolio, supplied as whole units and therefore combine ease of delivery to the end customer with maintained manufactured integrity. The business has the technical and manufacturing capacity to increase production within current plant operations.
For 10 years, the business has offered customers a comprehensive range of UK manufactured furniture products and has a loyal and long term customer base, some of whom have relations with the business extending as far back as the first days of production.
The business is further supported by exemplary relations with key suppliers who have helped to ensure that production is never compromised and that customers are never let down. This commitment to supply chain relationships has underpinned this business’s abilities in product quality and sustained business growth.
With the benefit of comprehensive manufacturing facilities, the highest quality through key business areas has been maintained and conforms to British Standards where appropriate and to stringent strength and packaging test standards. The business has also maintained significant control over costs in a demanding market.
The ability of this business to grow and sustain its profitability is due in no small part, to the quality of its people. The business has a strong commitment to the development and welfare of its staff; which has contributed, alongside investment in technology, to the excellent profitability of the business and its current position as it is poised to exploit expected and significant new growth in turnover.

Property information

Location:

The business is located in an easily accessible area in Cambridgeshire with its many key road transport arteries and operates from a purpose built building circa 22,000 square feet area including factory, storage, facilities and administrative offices.
The lease is available for another 15 years and rent is paid at £5 per square foot

Other information

Expansion potential:

The current market for this business is stable and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.
Business operations are not at maximum capacity and there remains considerable scope for an increase in production, turnover and profit simply by gearing operations in line with market demand.
The business is constantly innovating new products and has at this time new product revenue streams to be developed into significant contributors to turnover. Added to this the business currently supplies to customers in the UK and can easily be expanded to cover the rest of the Europe.

Competition / Market:

The business has used internal telesales in the past which has resulted in some success, where a significant number of orders and enquiries are taken. This activity has been supported by direct marketing of brochures to new and existing customers, highlighting new and existing products. The company has a comprehensive website detailing products and services and a history of the business and its successes, there is little doubt that turnover and profits will increase through development of this medium, as it consolidates even further the business’s reputation nationally and opens the business to direct sales.

Support & training:

The current owner will provide all necessary training and all relevant contacts to allow continuity of trading

Reasons for selling:

The business is for sale as result of the vendor’s wish to follow other areas of interest.