Asking price includes
Turnover circa £1,200,000
Gross Profit circa £263,000
Adjusted Net Profit circa £73,000
Valuable leasehold with 82 years remaining
Modern, efficient, well equipped, purpose built premises in excellent condition
Accounts with large manufacturers
Comprehensive stock of woodworking equipment
Highly reputable long-standing business
Qualified and highly skilled craftsmen
Facilities for expansion available
Fixtures and fittings
Established in 1980, this highly successful business has been serving both the public and trade sectors for over thirty years.
Based in Essex, the business manufactures bespoke timber joinery, including windows, conservatories and doors plus additional internal joinery all supplied in a variety of finishes. These products are supplied to both local and national companies.
Everything possible is done to maintain the excellent reputation the business has achieved for providing a personal, thorough, efficient and friendly service.
Contributing to the strength and success of the business to date, would be the high quality timber products that are manufactured and supplied by the company, all at cost competitive prices, plus the modern factory facilities, which are logistically well located.
The business is both profitable and very well established and enjoys an excellent reputation for providing top quality products, delivered on time, at a competitive yet profitable price.
The substantial premises are approximately 15,600 square feet in total and comprise of a purpose built factory with a workshop, timber mill and spray shop. The building is fully equipped with modern, efficient woodworking equipment, including fixed and portable machinery, extractor systems, benches and stock. This well designed space is on a secure long lease of 110 years, with 83 years remaining.
The owner is responsible for the day to day management of the business, supported by 28 full time staff who works directly for the company.
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 has shown steady growth over its 30 years of trading.
Turnover is circa £1,200,000 per annum.
Support and Training
Full support will be provided for a reasonable period of time.
Reason for Sale
Having been involved with the business for over 30 years, the vendor is now approaching retirement age.