Foam Converters/Fabricators For Sale
Business for sale
Asking Price:
£295,000
Turnover:
£330,000
Annual profit:
£130,000
Audited accounts:
No
Management accounts:
Yes
Business description
A long established business which operates in three distinct market places, but all with a common thread of Expanded foam. The business produces two main product ranges (each with their own web site). One range concentrates on soft play toys for both recreation and educational use, the other is the production of foam rubber bedding products, mattresses etc, all manufactured from 'foam with a memory' . In addition they have an active subcontract trade in the supply of cut and fabricated foam for the upholstery industry. Sales are both domestic and International.GENERAL INFORMATION
Years established: 7
Employees: 2 plus subcontract.
Trading hours: 5 day trading.
Property: Leasehold
Lease terms
3600 sqft industrial unit with 6 years remaining at a quarterly rent of £4550.
Living accomodation
na
Location
Industrial estate with parking.
Expansion potential
Significant, the owners are hands on rather than sales and marketing oreintated.
Competition / Market
Limited competition in two of their three main markets.Their economies of scale preclude too much competitive pressure in the other market.
Support & training
Handover and one of the directors may stay on in the medium term.
Reasons for selling
Change of direction
Advert ref: 2126
Employee details
Fulltime staff:
2
Parttime staff:
0
