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Advert Details
Established Bespoke Joinery Business In Hertfordshire For Sale
(Ref: ded01_DBS080178)
Undisclosed, Hertfordshire, United Kingdom
Financials
Asking price: £49,995
Sales revenue: Undisclosed
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed
Business description
Established in excess of nine years ago by the current vendor, the business manufactures bespoke joinery products offering a high level of service and aftercare regardless of the size of job. The business has been grown primarily by word of mouth recommendation with the only advertising carried out being via the excellent web site. Standing furniture to built in wardrobes, and custom made kitchens to bespoke staircases the business manufactures a wide range of products for both private and commercial customers. The business also boasts an excellent company brochure.
Turnover:
Accounts show an average turnover for the past two years of approximately £300,000 with a gross profit of 68.5%.
Reason for Sale:
The vendor is emigrating to be with his family.
Stock:
To be purchased separately at valuation: Approximately £6,000, however this does vary depending on jobs being carried out at the time.
Equipment:
P & J dust extractor, Wadkins CP panel saw, Wadkins saw, large upright drill, Scott and Sargeant sander, Casade F110 plane, band saw, Wadkins router, Schubert press, compressor and various other items.
Rates:
Business rates payable of £5,040 pa.
Employees: Staff:
4 qualified cabinet makers, 1 apprentice and secretary.
Trading hours: 7.30 am to 4.00 pm Monday to Friday.
Property: Leasehold
Location
Property:
Large lock up workshop with shutter to front, toilet and storage above.


