Manufacture And Supply Of Wooden Doors | | Undisclosed Middlesex | | MIDDLESEX MANUFACTURER & SUPPLIER OF WOODEN DOORS Promintent retail location in a parade in upmarket London suburb Mature trade & personal c/m d/base T/O: £425,000 EBITDA in excess of £50,000pa Ideal bolt on for joinery co or buiding firm L/H: £199,950 +SAV REF: 1163HA | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 67503
ADVERT IMPRESSIONS : 8,783 TIME(S) | | | | BUSINESS SECTOR: | Manufacturing / Engineering | | TRADE TYPE: | Manufacturing | | SALE: | Agent Sale | LEASEHOLD: | £199950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Prominent retail location within a parade of shops in a densely populated suburb
Unrestricted car parking to front of shop
Range of complementary businesses within the parade
Double window display within retail premises
HISTORY
Business established back in 1971
Reputation quickly established in the fabrication, supply and installation of wooden doors
Websites introduced aimed at trade and retail markets
Mix and blend of products has varied in line with changing consumer tastes
REASON FOR SALE
Retirement
PRODUCTS
Wooden doors supplied both from stock and individually manufactured to customer specification
Internal doors
o Contemporary
o Pre finished
o Walnut
o Oak
o Cherry
o Pine
External doors
o Oak
o Hardwood
o Softwood
Room dividers
Fire check doors
Door furniture
Accessories
SERVICES
Bespoke design service offered with doors made to measure
Full fitting, glazing and painting work undertaken
CUSTOMERS
Mixed demographic but mainly middle income
Many referrals via word of mouth
Small builders and tradesmen
Personal DIY market
Customers generally drawn from a 10 mile radius from base in north west London
SUPPLIERS
Doors sourced through a variety of long standing trade sources
STAFF
Vendor
2 full time staff
TRADING HOURS
Monday to Friday 8am to 5pm
Saturday 8am to 4pm
Sunday closed
FINANCIALS
Turnover £425,808
Gross profit margin 35%
Excellent level of adjusted net profit seen
Stock holding in the range £50,000 to £60,000
PREMISES AND EQUIPMENT
Traditional shop premises with workshop and yard located within a parade in north west London
Double window display
Shop with fixtures and fittings appropriate to trade
Sales desks
Workshop with wood working equipment
Kitchen
WC
Enclosed, covered and secure yard
Delivery van
STRENGTHS
Very well established with 40 years trading history
Loyal and discerning customer base
Two websites with recent upgrades undertaken
Diverse high quality product range
Reputation for quality, service and value
Excellent suburban location
Highly visible site
Substantial frontage
Excellent financial performance with consistently high adjusted net profit
SCOPE
Opportunities to vary the mix and blend of the current product range
Further emphasis on web marketing
Focus on margins
More vigorous approach to advertising and marketing (limited at present)
Ideal bolt on business for a joinery shop or for a building firm
Larger contacts with property developers and builders
TENURE
Leasehold 10 years
9 years remaining with break at 3 and 6 years
Annual rental £14,000 per annum
Business rates £5,990 per annum
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 1163HA / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
