Specialist Furniture Mfr Nottinghamshire | | Undisclosed Nottinghamshire | | NOTTINGHAMSHIRE SPECIALIST FURNITURE MFR -Est 7 yrs Located in industrial estate nr residential area Specialist in Hide covered furniture inc headboards for beds, cushioned chairs & settees Main C/M base is healthcare (90%) - major contract in place A/T: £180,000 Proj GP: 57.2% Website available - due to be on the NHS preferred supplier list L/H: £175,000 +SAV REF: 9437NG | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 42776
ADVERT IMPRESSIONS : 28,610 TIME(S) | | | | BUSINESS SECTOR: | Manufacturing / Engineering | | TRADE TYPE: | Other | | SALE: | Agent Sale | LEASEHOLD: | £175000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Our clients specialist furniture manufacturing business is conveniently located in a compact industrial area, just off a busy main road close to the centre of a north Nottinghamshire town.
The area is surrounded by good residential properties which are in walking distance t the main shopping areas.
The town has good rail links and is within a short distance of the M1 motorway.
THE BUSINESS
Advent Business Sales is pleased to have been instructed to offer to the market this established speciality furniture manufacturer, which has been trading successfully since 2003.
The current vendors have been in constant ownership since its inception and are reluctantly selling due to a new business venture.
The business produces mainly hide covered furniture of various sorts, although some fabric covered items are also made. This covers headboarsd and surrounds, cushioned chairs and settees.
Their main customer base is heath care, which represents 90% of the business with some retail orders.
The business really started to take off when they won their first major contract in this area, experience and specialist design for healthcare has now, this year, resulted in a further three healthcare contracts and these have only been on board for the last 6 months. There is a further contract which promises to be largest of all, which will then give the company five healthcare contracts.
The company is also part way down the line to being on the NHS preferred suppliers list.
The company has e.commerce outlet which has pushed, successfully, the business forward. This is a company that has had a good degree of commercial sense to be involved with mainly blue chip customers, adding tremendous value for any prospective owners, with a website position of page one only this year.
The business is staffed by 4 full time employees (including the 2 owners) and 2 contract workers as required.
We are advised that stock at cost is approximately £15,000.
REF: 9437NG
TRADING HOURS
Mon-Fri: 8.00am 5.00pm
Sat: 9.00am 12.00pm
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £180,000 - £190,000 projected
Gross Profit: 57.24%
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
The factory is a good size single storey building with a modern office/showroom block added to one side and briefly consisting of:
Ground Floor
On entering the additional block, straight into an open showroom area with its own w/c and wash room. This has its own gas central heating
Office area which comprises of 3 rooms including a computer room
Storeroom housing the main electric supply board
Doorway to main workshop which is split into a spray room, sewing room, small side cutting area with hide storage, racking and cutting table and then the bulk of the open factory
Small mezzanine storage above the office uses for keeping light weight stock
w/c
kitchen area
Equipment in factory
2 x Juki walking foot lockstitch machines
Pillar drill
Side sander
De Walt bandsaw
3 phase planer
Bandsaw
Table saw
Radial arm saw
Dust extractor
Compressor
The factory is also provided with benches, racking and storage to suit jobs required as well as the usual selection of small hard tools
External
At the rear of the factory is a back entrance to the workshop area with additional storage and car parking
At the showroom side of the building is front car parking
The building is surrounded by access to the roadway
TENURE: Leasehold
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises. | | | | | | FOR SALE | | | | | REFERENCE: | 9437NG / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
