|
Asking Price
£195,000
Description
The owner has now decided to retire early and enjoy the fruits of his labours.
The business is a bespoke manufacturer of furniture and kitchens, specialising in kitchens, bedrooms, bathrooms and studies. Our client only uses solid wood and specialises in English oak.
Our client is able to design and make furniture for any room in a house (or all rooms in a house) including free standing reproduction furniture using all types of quality woods.
The owner is a member of The Guild of Quality Craftsmen. Their reputation is such that nearly all work is either via recommendation or customers re-ordering as they move into a new home.
All orders are from the retailing public, which is evident in the high gross profit margins.
We are informed by the vendor that the equipment and machinery has an asset value in the region £100,000.
The workshop has a capacity to continue production seven days a week, 24 hours per day if required.
A new owner would need skills necessary of a furniture/cabinet makers or a wood machinist/polisher. It would ideally suit family involvement with one of the family members having good marketing skills.
Stock at cost and works in progress vary between £20,000 - £25,000 and £15,000 - £20,000 respectively.
The furniture that is being manufactured is of a very high quality. There are literally 1,000's of bespoke products in catalogue format that can be viewed by a potential purchaser on visiting the premises.
|
