Total of 18762 firms and businesses for sale today Sunday 25th August 2019
Time to Sell Your Business? List your Business for Sale with www.firmsforsale.co.uk. Login now!
Finance And Services:

Business For Sale. Well Established & Profitable Office Furniture Refurbishment Company

LISTING DETAILS
Firms For Sale ID:
35018
Vendor reference:
AN045
Vendor website:
     
Printer Friendly
      
Contact Seller
      
Goto Website
More Like This
      
Email Search
      
Add Notes
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£347,000  
Turnover / revenue:
£360,000
Net profit / cashflow:
Undisclosed
Years established:
20
Trading hours:
Monday Friday
Number of employees:
6
Employees / staffing:
The 2 owners work some 3 to 4 days a week within the business, one is responsible for production and the other is on the sales/customer service side. The business also employs a part time accounts person, a full time driver, a full time production engineer, 2 full time upholsterers and a full time machinist. Staff are skilled and are able to multi task if needs be.

OTHER DETAILS
Support and training:
The current owners would be happy to provide full training and support at handover and may be prepared to stay on for a further period should a new owner so require subject to negotiation.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business operates from rented premises with excellent access to the road network. Current Rent is circa 1,300 per month. The business could be easily relocated and this may be something a new owner needs to consider as we are advised the current landlord may well sell the site in the future.
 
Image Not Found
 
 
 
Image Not Found
BUSINESS DESCRIPTION
Well Established & Profitable Office Furniture Refurbishment Company
Ref. AN045
Location : Greater Manchester/Relocatable
Asking Price : 347,000 (inc. net assets)
This well established and robust business was set up by the vendors almost 20 years ago and in that time has grown into a highly skilled and professional company providing its clients with a unique and bespoke range of products and services.

The company is a true specialist in every sense of the word and provides a complete turnkey office chair refurbishment and repair solution from collection, complete renovation, re-supply and delivery. It offers unrivalled pricing, speed of response and quality of supply.

The company has positioned itself as a high quality premium supplier to the market and as such has built up an impressive historical customer base providing local, regional and national coverage as required. These customers include large blue chip commercial organisations (banks, supermarkets etc) as well as large public sector bodies (Universities, NHS etc.) with whom it has traded for many years. The business has some 70 regular customer accounts and many more ad-hoc clients.

The business has a small skilled workforce and manufactures and supplies to exacting standards. Its infrastructure is such that it can meet the most demanding customer requirements.

The business has built up a sterling reputation based on quality, product knowledge and superior manufacturing . The company currently carries out pretty much all refurbishment in house. This ensures excellent quality control and superior product delivery.

Expansion Potential
Even though the business is well established there are significant opportunities to expand. The company does not employ any dedicated sales representatives nor does it have a catalogue illustrating the services it can supply. The vendors have never proactively chased work; they have been totally reactive to the ongoing demand. A more proactive approach could significantly increase revenues as the services it provides are always in demand. There is also scope to get involved in the sale of new office chairs and complementary products as the company is regularly approached by their clients and asked to source such items but they only do so on the rare occasion through choice.

Market / Competition / Non-Competition Agreements
The business does very little in the way of self-promotion and marketing, preferring to rely on repeat business and referrals to generate sales. There is huge scope to increase its exposure should a new owner so require.