Asking price: £300,000

Sales revenue: £200,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This joinery/workshop was originally formed in 1991 and manufactures and supplies specialist bespoke joinery for the hotel, kitchen and shop fitting market.

The business principally manufactures and supplies quality joinery and has earned an enviable reputation for high quality workmanship, with no job too big or too small and having never received any complaint. Modern computerised production techniques and processes are used, which is complimented by using a modern business ethos, and providing a high quality service as well as a commercially based approach.

Versatility and flexibility is the cornerstone of the customer service and in addition the company have the resources in technology and traditional skills to manufacture non-standard, bespoke products to customer’s own design and specification.

By continually investing in new machinery and equipment the company is at the forefront of joinery manufacturing.

Technology:

Suitable proprietary administrative and specific technical systems have been set up to provide the technology required for a modern and efficient business with computerised accounts and wages and CNCI technology.

The business has a vast amount of manufacturing machinery as well as specialist machine equipment

Customer Service:

The business is a member of the FSB and are therefore totally committed to providing all clients with a quality driven service that reflects best manufacturing practice, good craft skills and value for money with very personal attention to detail.

Key Strengths:

A commitment to the highest levels of service underpins the everyday activities of this business, the team has excellent knowledge of machinery and customer relations are founded on a history of trading satisfaction.

The business is well established and enjoys a high level of business. The company employ high skilled, dedicated and loyal staff and has earned an outstanding reputation for its excellent quality work, efficient job completions, value for money, honesty, service and reliability. All of which is driven by the strong culture of innovation and commitment to technology within the business.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business is financially stable and enjoys a strong order book, and has shown consistent growth over the years of trading.

Employees: 3 full time,1 workshop,1 workshop joiner,1 driver,2 part time,1 secretary,1 apprentice

Trading hours: Monday – Thursday: 8am – 5pm,Friday: 8am – 1pm

Relocatable: This business can be relocated.

Property: Leasehold

Lease terms
Annual rent is £1600 per month with rates of 3700 per annum.

Location
The business runs from a leasehold portal frame building of circa 10,000 sq ft. The majority of the premises are used for manufacturing and storage and also house offices, toilets, canteen and store room.

The location is on a small business park convenient for main road networks and is also close to a harbour handy for work taken on in England and Scotland. Annual rent is £1600 per month with rates of 3700 per annum. The business could be relocated if required.

Expansion potential
There are excellent opportunities to increase the level of business with a concentrated advertising campaign, currently investment in this area is not exploited to its full potential. There are many excellent avenues for growth, especially with new products and re-pricing existing products. The business could certainly enjoy significant growth and development as the market outlook is good due to the excellent reputation of the company, the property itself allows room to expand operations into a substantial loft space. This is an outstanding opportunity to build on the existing products, services and customer base of this business. With a strong demand for products combined with a capacity to increase turnover, a new owner contributing fresh ideas will have every advantage of building on an excellent platform.

Competition / Market
The business has not advertised in the past two years and investment in this area could certainly increase turnover. Success has been through word of mouth recommendation where a significant number of orders and enquiries are taken

Support & training
The vendor is happy to provide support and training for the new owner.

Reasons for selling
The vendor feels that he has taken the business as far as he is able. The company comes fully operational and with extra investment a new owner with drive and energy cannot fail to carry this business forward to the next level.