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Finance And Services:

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:
£145,000  
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:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Their fabulous workshop is located in Luton and is fully equipped with only 1 year old stationary machines, which are regularly serviced. There is an impressive layout spread over 1,600sqf totally self-contained on an industrial estate with security. The annual rent is 11,500 with three years left to run on a five year lease.
 
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BUSINESS DESCRIPTION
A Trusted Custom made furniture maker based in and installing throughout Hertfordshire
Ref. GB210
Location : Hertfordshire
Asking Price : 145,000
The company specializes in bespoke furniture design, manufacture and installation in Hertfordshire and North London areas. Years of experience have allowed them to invent very unique solutions and designs in all their furniture which makes the company stand out from other competitors.
They provide their loyal customers with the following products:
Unique under-stairs pull out storage system
High quality fitted wardrobes
Gorgeous living/dining room and entertainment cabinets
Outstanding display furniture
The carpentry team has grown over the last three years with their distinctive vehicle easily spotted in the local areas.

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.
Having been in the market for many years we are regular customers at our suppliers and therefore get the best possible prices at all times.

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.