Asking price: £150,000

Sales revenue: £312,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales have been instructed to offer for sale this established and profitable business.

Established 9 years ago, it is now reluctantly offered fro sale due to the vendors; own personal commitments.

The business buys in the raw materials and manufactures and assembles fitted bedroom furniture on site.

The success of the operation has enabled a good growth in both profit and business.

The manufacturing operation benefits from a high retention of skilled staff and has further capacity to expand with the current workforce and space.

The manufacturing is set up fully equipped for its purpose and all the necessary machinery is included in the sale, as well as 2 delivery vehicles.

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Employees: The business is staffed by the vendor plus an additional 9 full time staff which includes delivery drivers.

Trading hours: Mon – Sat: 9.00am – 5.00pm

Property: Leasehold

Lease terms
TENURE: Leasehold Original lease: 5 years Remaining lease: 1 year Review every: 5 years Rent: £17,000 We are advised that the annual business rates are currently: £4,530

Living accomodation
BUSINESS PREMISES A large commercial premises approximately 10,000 sq ft briefly consisting of the following: Ground Floor - Large workshop with roller shutters at both ends - Office - W/C & staff area - Storage area. - Fully equipped manufacturing premises with an extensive range of tools and machinery External - Driveway from road leading to car park - Loading area - Outbuilding for further

Location
The business currently operates from spacious commercial premises approximately 2 miles from Birmingham city centre.

There are excellent transport links with easy access into the city centre as well as the M6 motorway being in close proximity.

Expansion potential
Whilst already a successful and profitable business, there is still potential for further growth by producing office furniture which would provide an ideal bolt on business. The business could also advertise a wider geographical region to further increase sales.

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

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