Leasehold Joinery Woodworking Established 1994 For Sale

Business description

Advent Business Sales is pleased to have been instructed to offer to the open market this long standing woodworking business.

The owner originally established the business in 1994 and after 14 successful years of trading has now reluctantly decided to sell due to his retirement plans.

The business specialises in bespoke hand made doors, windows and stairs, which are all built from scratch.

He carried out no advertising at all with work arriving which is unsolicited due to his excellent reputation for quality and reliability.

The owner is currently only working a part time week but is still achieving £20,000 per annum sales and is turning down large volumes of work on a regular basis.

The business is being sold together with all the required equipment plant and machinery, which includes the following:
• Planer/thicknesser with tersa 12” x 9”
• 3 speed spindle with automatic feed
• Universal cross cut saw up to 4” depth
• Morticing machine
• Three headed tenning machine
• Band saw
• Chop saw
• 2 dust extraction units
• Numerous routers, sanders and clamps

Stock at cost is in the region of £1,000

The owner is more than willing and able to conduct a reasonable hand over period to effect the necessary customer introductions to ensure a smooth transition and a successful future for a new owner.
REF: 8860OX

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: TBC
Remaining lease: TBC
Review every: TBC
Rent: £4,104

We are advised that the annual business rates are currently: £1000

Living accommodation:

BUSINESS PREMISES Large ground floor lock up premises of approx 1400 sq ft, located on a rural working farm. Door into unit with office on the right, stores area on the left with a range of machinery spaced out around the workshop to suit the working practises. W.C in separate block. Parking is all around the unit with plenty of spaces to accommodate numerous vehicles.

Location:

The business is currently located on a working farm in rural Oxfordshire. The business has plenty of parking available all around the unit and the road into the workshop area is large enough to accommodate the largest lorries.

Nearby towns include Didcot, Abingdon and Henley on Thames. The area is accessed by the M40 from the North and M4 from the south.

The business could easily be relocated to anywhere in the region or would make an excellent ‘bolt on’ to an existing operator.

Other information

Expansion potential:

While already a successful business there is good genuine potential to increase both sales and profits by:
1. Accepting most of the work which he currently declines
2. Advertising, as he does none at the moment
3. Importing ready assembled furniture to sell at retail prices

It should be noted that the business is only being traded part time and at a pace to suit his needs.

Trading hours:

Mon – Fri: 10.30am – 4.30pm

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

• 
• sales particulars

• Sales paticulars