Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Custom Made Furniture Maker And Installing Throughout Hertfordshire For Sale

Hertfordshire
Asking Price:
£144,950
Sales Revenue:
£165,000
Cash Flow:
Available on request

A Trusted Custom made furniture maker based in and installing throughout Hertfordshire.

The company specializes in bespoke furniture design, manufacture and installation in Hertfordshire and North London areas. Years of experience have allowed them to invent very unique solutions and designs in all their furniture which makes the company stand out from other competitors.
They provide their loyal customers with the following products:
• Unique under-stairs pull out storage system
• High quality fitted wardrobes
• Gorgeous living/dining room and entertainment cabinets
• Outstanding display furniture
The carpentry team has grown over the last three years with their distinctive vehicle easily spotted in the local areas.

Equipment:
Robland Panel saw with double extractor units
Cehisa edgebander with single extractor unit and 50L compressor
Drying/storing rack
Assembling station with a mitre saw bench
Storage/cabinets
Roller shutter loading door

Tools:
Makita impact driver 3x
Makita drill
Makita hammer drill
Makita router
Makita biscuit jointer
Makita planer
Makita Jigsaw
Makita skill saw
Dewalt miter saw
Compressor with a nail gun
Multi-cutter
Hand tools
Dust extractor
Hoover
Ladder/sawhorse/step

Customer Service:
Customer service is paramount and the company website details many positive testimonials and fantastic 5-star reviews on Goole and Facebook page to back this up.

Key Strengths:
Enviable reputation
Exceptional levels of service
Repeat business and referrals
Significant investment in machinery and tools
Highly skilled staff
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.

Turnover of c. £165,000
Gross Profit c 53%
Equipment, vehicle etc. c. £60,000
Adjusted EBITDA £37,400

The business generates impressive profits. The vendors have invested in the infrastructure of the business over the years and it has a highly impressive level of plant and equipment that is included within the sales price.

Property information

Property:

Leasehold

Lease Terms:

The annual rent is £11,500 with three and a half years left to run on a five year lease.

Premises Details:

Their fabulous workshop is located in Luton and is fully equipped with only 1 year old stationary machines, which are regularly serviced. There is an impressive layout spread over 1,600sqf totally self-contained on an industrial estate with security. The annual rent is £11,500 with three and a half years left to run on a five year lease.

Business Operation

Expansion Potential:

The business has enjoyed steady growth over recent years and this is expected to continue in light of its growing and loyal customer base. The business currently only has private domestic customers and is well positioned to expand into commercial markets.
Having been in the market for many years we are regular customers at our suppliers and therefore get the best possible prices at all times.

Competition / Market:

The company only spends a nominal amount on advertising and this is an area where an increase in spend could significantly increase incoming enquiries.

Reasons for selling:

Personal

Trading hours:

Mon-Fri 8.45am-6.00pm
Sat- 8.45am-2.00pm

Employees:
There are currently two loyal self-employed carpenters.
Years established:
03

Other Information

Support & training:

The current owners would be happy to provide full training and support at handover. This should be a relatively simple process as the vendors have put in place a General Manager who runs the business on a day to day basis.

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

  2. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Turner Butler. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here