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Business For Sale. A Trusted Custom Made Furniture Maker Based In And Installing Throughout Hertfordshire

LISTING DETAILS
Firms For Sale ID:
34968
Vendor reference:
GB210
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£144,950  
Turnover / revenue:
£165,000
Net profit / cashflow:
Undisclosed
Years established:
3
Trading hours:
Mon Fri 8.45am 6.00pm Sat 8.45am 2.00pm
Number of employees:
2
Employees / staffing:
There are currently two loyal self employed carpenters.

OTHER DETAILS
Reason for selling:
Personal
Support and training:
The current owners would be happy to provide full training and support at handover. This should be a relatively simple process as the vendors have put in place a General Manager who runs the business on a day to day basis.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
A fabulously equipped modern workshop with impressive layout spread over 1,600 sqf. Totally self contained on an industrial estate with security. The annual rent is GBP 11,500 with four years to run on a ten year lease.
 
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BUSINESS DESCRIPTION
A Trusted Custom made furniture maker based in and installing throughout Hertfordshire
Ref. GB210
Location : Hertfordshire but Fully Relocatable
Asking Price : GBP 144,950
A trusted custom made furniture maker based in and installing throughout Hertfordshire. The carpentry team has grown over the last three years with their distinctive vehicle easily spotted around Watford, St Albans, North London and surrounding areas.
Equipment:
Robland Panel saw with double extractor units
Cehisa edgebander with single extractor unit and 50L compressor
Drying/storing rack
Assembling station with a mitre saw bench
Storage/cabinets
Roller shutter loading door

Expansion Potential
The business has enjoyed steady growth over recent years and this is expected to continue in light of its growing and loyal customer base. The business currently only has private domestic customers and is well positioned to expand into commercial markets.

Market / Competition / Non-Competition Agreements
The company only spends a nominal amount on advertising and this is an area where an increase in spend could significantly increase incoming enquiries.