8705NG FURNITURE MAKERS/RETAILERF\H£52500 NOTTINGHAMSHIRE
Business for sale
Asking Price:
£52,500
Turnover:
£437,500
Annual profit:
£1
Audited accounts:
Yes
Management accounts:
Yes
Business description
Advent Business Sales is delighted to offerto the market this extremely well established
furniture maker/retailer which has been
producing solid wood furniture for 30 years,
specialising in traditional pine furniture
since the early 1980’s and in the mid 1990’s
successfully introducing modern &
traditional oak ranges.
Designed and produced entirely in their
North Nottinghamshire factory, the pine
furniture range has evolved over the years to
embrace most lifestyles and moods in
response to customer needs.
The owners ‘love affair’ with beautiful
woods and design is reluctantly coming to a
close due to a family desire to spend more
time with them in retirement.
The business employs 9 full time and one
part time employee.
The approximate value of stock is £44,000.
The business also operates a very successful
website, which generates brochure requests
in the region of 80 – 90 per week. It has a
vast customer retail base with excellent
returning clients and general trade clients
ordering in quantity.
It has a well trained and disciplined
workforce.
Although it is currently trading from a
building, the business will need to be
relocated by the new owner.
The price includes the customer database,
designs and working drawings, production
control and the website.
TRADING HOURS
Works:
Mon – Fri: 8.00am – 4.30pm
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £437,500
Gross Profit: 37%
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
Business to be relocated
The business is fully equipped for purpose, a
brief inventory includes the following:
• Screw compressor
• Diamention saw
• Rip saw
• Cross cut saw
• Copy lathe
• Band saw
• Spindle moulder
• Overhead router
• Dove tailer
• Speed sander
• Profile sander
• Multi borer
• 2 x frame clamping presses
• 2 x pillar drills
• 4 sided straightening planer
• Morticer
• 2 x under routers
• 2 x dry back spray booths
Extracting equipment as required
To the area and surrounds, this business is
completely monopolistic, producing good
quality ‘solid timber’ furniture in pine, oak,
walnut and some maple. Furniture can be
built to fit specific spaces including fitted
kitchen and bedrooms.
With its skilled workforce, it has fantastic
scope to increase its turnover, particularly at
the higher end of the market.
TENURE: Relocatable
Employee details
Fulltime staff:
9
Parttime staff:
1
