Bespoke Cabinet & Joinery Manufacturer
Business for sale
Asking Price:
£700,000
Turnover:
£1,442,000
Annual profit:
£242,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
This business is a highly profitable bespoke furniture manufacturing company with an excellent reputation for supplying both high quality cabinet and joinery work mainly to the business sector. The company has a large established client base of blue chip companies across a wide spectrum of businesses, mainly in the City of London. They include major banking and accounting institutions, law firms, public corporations, major retail outlets, restaurants and residential properties. For some projects, contracts are in full collaboration with architects, on other occasions with commercial contractors, providing as they do design, manufacturing and installation expertise of the highest quality. The company supplies to organisations both in the UK and abroad from their manufacturing facilities in the Thames Valley. The turnover and profit of for the company have risen strongly over the last three years, and this rise is predicted to continue. The company currently has a six month order book.Building & Property
Building: 8000
Monthly Rent: £6,750
Real Estate Available: No
FF&E: £100,000 (Included in Asking Price)
Inventory: £30,000 (Included in Asking Price)
General Information
Reason for Sale: Retirement
ListingID#: OXFORDN101-N45
Employee details
Fulltime staff:
19
Parttime staff:
0
