Total of 18656 firms and businesses for sale today Thursday 25th April 2024
Sold. Joinery Manufacturing Specialist Supply & Installation Of Traditional Timber Window Frames, Door
LISTING DETAILS
Firms For Sale ID:
34677
Vendor reference:
GE074
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
Undisclosed
Turnover / revenue:
£432,000
Net profit / cashflow:
£77,000
Years established:
42
Number of employees:
5
Employees / staffing:
As well as the two partners who run the business on a daily basis there are two full time manufacturing and one part time administration clerk. The company works with teams of sub-contractors including electricians, plasterers, plumbers, builders and joiners who perform any on site work which is needed.
OTHER DETAILS
Reason for selling:
The two owners want to pursue other opportunities.
Support and training:
The vendors would be happy to help with a smooth transfer of the business in any way possible.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The company runs from premises that 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 GBP20,000 per annum.
BUSINESS DESCRIPTION
Joinery Manufacturing Specialist
Supply & Installation of Traditional Timber Window Frames, Doors and Staircases
Ref. GE074
Location : Lancashire
Asking Price : Offer Invited
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.
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.
Expansion Potential
The owners believe that the company can expand its operation with investment within the company by purchasing new equipment including CNC machinery and a window line. This would help in them becoming more efficient and reduce the number of manufacturing hours for each job.