Asking price: £325,000

Sales revenue: £540,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never before been brought to the market for sale. This company has been dynamically driven and managed for 7 years by its current Managing Director with family connections in the company stretching back to 1983. During this time the business has developed an enviable reputation in its main geographical trading area and beyond. Economic performance has been steadily growing throughout, giving a solid platform for a new owner to develop further from.

The trading philosophy of the company’s owner has indeed been a simple one, delivery of excellent products at good prices by direct sales to the public sector, giving close attention to the detail of their hand made products along with an almost infinite choice from up to 60 suppliers of ancillary products.

This exciting opportunity has great merits for a new owner. The company is stable and profitable with great potential for further development.


Equipment:

The company owns and maintains a wide range of machinery including a heavy duty CNC routing machine, along with the tools and vehicles necessary to undertake the levels of quality work it attracts.


Customer Service:

Dealing directly with the public, this family run business has always worked hard to develop relationships with their ever increasing customer base. This factor has helped them to create an excellent reputation for customer service.


Key Strengths:

The company’s key strength is undoubtedly that, in electing to deal directly with retail customers, it has developed a successful strategy that has built the business year on year, whilst showing good profitability.

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.

Employees: The company currently employs 4 full time staff including one Director

Trading hours: Monday – Friday: 9.00am – 5.30pm (with supplementary hours worked as necessary)

Property: Leasehold

Lease terms
Rent and rates currently payable are approximately £43,000 per annum combined.

Location
The business trades from a fully serviced modern purpose built Factory unit, on a development of similar high end type units. The premises consist of a superb two storey showroom, along with the necessary Factory, Stores and Offices.

Rent and rates currently payable are approximately £43,000 per annum combined. However, to the benefit of a new owner, a new 5 year lease can be arranged as part of a successful sale package, at approximately £27,000 per annum.

Expansion potential
The current owner, after a period of re-investment back in to the company, fells that the business is now well placed to increase turnover and profitability.

Competition / Market
The company is proactive in its approach to marketing, with regular advertising in the local free sheet newspaper. It also produces good quality brochures, and occasionally undertakes leaflet drop/direct mail type campaigns. Also, an Internet website has been developed and maintained by the company

Support & training
All training and support during handover will be supplied willingly as part of a successful sale package.

Reasons for selling
The current owner now wishes to downsize in to other business interests in order to more fully honour his family commitments.