* Included in Asking Price
Joinery Manufacturing Specialist
Supply & Installation of Traditional Timber Window Frames, Doors and Staircases
Asking Price £ 225,000
Asking price includes:
Turnover forecast circa £270,000 per annum
Net Profit forecast circa £20,000 per annum
Established in 1975
Specialist manufacture of window frames, doors etc.
Virtual Freehold premises ( circa 100 year peppercorn lease)
Database of reliable trade customers
Flexible supplier with good name & reputation
Regular work in progress
Team of skilled and time served staff
This is a well established joinery manufacturing business, formed in 1975, and run by the current owners since 1993. The business specialise in timber window frames, doors, staircases and all other wood related applications, supplying independent builders, joiners and the local council. They predominently supply trade customers but have a small amount of retail sales to the general public
The business has a strong database of regular repeat customers and have continual work in progress. They have an excellent name and reputation for their flexibility in being able to provide almost anything their customers require and are a reliable, competitive and trustworthy supplier.
The business runs from virtual freehold premises ( circa 100 year pepercorn lease) in Lancashire with a well equipped workshop, offices and yard. There is the option to either lease the premises from the owners or purchase the virtual freehold outright.
This is a profitable business with low overheads and no bad debt. This would make a perfect bolt on business for a company in an associated trade or for another joinery company who is looking to expand their business.
|Facilities:||The company runs from virtual freehold premises with a circa 100 year peppercorn lease. The premises where last valued at £250,000 and comprise of offices, workshop with mezzanine floor overhead used for storage, and a yard. The premises measure in total circa 9,800 square feet with the building and mezzanine measuring circa 5,500 square feet. The premises are fully secure with locked metal gates. The rent if applicable would be circa £20,000 per annum|
|Training/Support:||The vendors would be happy to help with a smooth transfer of the business in any way possible.|
|Sale Reason:||The two owners want to pursue other opportunities.|
Seller Reference #GE074
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