||Employees||11 full, 1 part
* Included in Asking Price
Freehold High Quality Joinery Manufacturing (CNC) Company
Commercial & Domestic Markets
Location North West
Asking Price £ 1,200,000
Asking price includes:
Asking price includes:
Substantial Freehold Premises circa £650,000
Turnover for current year circa £800,000 per annum
Gross Profit circa £250,000 per annum
Anticipated Turnover for next financial year circa £1Million per annum
Superb Production Facility circa 11,616 sq ft
All Plant & Equipment inc. CNC Machinery (circa £200,000)
Fully Networked IT/Back Office System
Highly skilled staff
Public sector and private sector clients
This dynamic and progressive company has been established for over 40 years and provides high quality joinery products to a range of customers throughout its base area in the Northwest of England and across the UK. Its clients vary from private individuals and small builders to major construction companies. During this lengthy period of trading the business has built a sterling reputation in its field and enjoys impressive levels of repeat business and referrals from each of the sectors it serves.
The company has achieved its consistent levels of business to date by providing high quality solutions to its clients. This has enabled the vendors to continually reinvest in the business by increasing working capacity, installing modern plant and machinery, diversifying in products and services, cultivating a strong brand, implementing an online marketing strategy to attract clients on a national scale and improving office systems. The company’s comprehensive range of products include, but are not limited to; Staircases, Windows, doors (including bi folding systems), gates, mouldings, turnings and specialist one-off bespoke items as required.
The business utilises state of the art woodworking machinery including computerised CNC routers. This is complimented with the latest joinery software to assist design and estimating services so that a complete service can be offered to it’s customers from initial concept right through to final installation.
The company enjoys the enviable position of being able to dramatically increase turnover without the need for large scale investment. The current turnover is facilitated through repeat business, recommendations and a strong online presence that has been cemented in the last 7 years.
Due to its capacity, technology and staff skill levels, the company in its existing format can swiftly diversify to supplying new products, whether they are individual bespoke items or contracts requiring mass production.
|Facilities:||The main production facility is situated close to major road connections on a high profile thoroughfare and boasts large and prominent signage that provides the business with excellent visible exposure. The premises are freehold, circa £650,000. Rates and water are circa £8,800p.a. The unit is circa 11,616 square feet, the majority of which is utilised for production and raw material storage. There are modern first floor offices, canteen and staff toilets and a ground floor showroom. The premises further benefits from a large secure car park with gated access which can accommodate articulated vehicle deliveries. The entire site is circa ½ acre. Asking price includes the freehold premises.|
|Competition:||The business does very little in regard to traditional advertising and marketing. It does benefit from its highly visible location, suite of informative and attractive websites and occasional pay-per-click campaigns. However, strategic marketing campaigns, home renovation shows and direct targeting of prospective commercial clients would certainly yield a dramatic increase in turnover and profitability. Nevertheless, the company continues to grow with its current marketing activity and client referrals, such is its position within the market.|
|Growth Potential:||The business has grown year on year. Current growth levels are expected to continue, such is the requirement in the markets this business currently serves. There are numerous identifiable areas for prospective growth, especially as the business enjoys the capacity to significantly increase output and subsequent turnover within its current infrastructure.|
|Training/Support:||The current owners are more than willing to assist in a period of support and training to ensure a smooth transfer of the business to its new owners. They may consider staying on for an extended period should the new owner so require, subject to negotiation.|
|Sale Reason:||The owners are planning their exit strategies.|
Seller Reference #GE080
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