Business for sale in United Kingdom – Ilford – County of Essex – Ik265-manufacturer of a custom made shelving product sold online nationally- essex

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Business for sale in United Kingdom - Ik265-manufacturer of a custom made shelving product sold online nationally- essex

Asking Price: 125,000 £ Real Estate: Lease
Sales Revenue: 302,000 £
Net Profit: 24,000 £
Year Established: 2000
Employees: 4FT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Essex/Ilford

Business types:

Manufacturing

Business categories:

Furniture & Related Products ; Other Manufacturing

Business description

this business works closely with architects and property developers, designing, maufacturing and installing kitchen cabinets using a bespoke software design computer system that creates a range of products specifically designed to meet client's individual requirements. The business is a fully approved corian fabricator and installer. In addition the company runs a very successful on line bespoke shelving division. As a leading manufacturer for these products, which are sold on-line nationally, the shelving side of the business would be an excellent add on to an established joinery company, as the vendor advises that they would need only 2/3 extra staff to gain another circa £210k of revenue. The company has grown organically and has reached the point of development that needs a hands on owner.

Additional information

Additional information: Not Disclosed
Support & training: The current owner is happy to offer a support and training handover to enable a smooth transition of ownership.
Reasons for selling: The owner needs to concentrate on his professional career.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Current rent and rates combined are £31,770 per annum.
Location: The business operates from a circa 4,500 sq. ft workshop with additional offices that are fully fitted and operational.

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