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Bespoke Joinery & Furniture Manufacturer in York

York, North Yorkshire
Leasehold Price:
£79,950
Status
FOR SALE
Advert ID
192758
Reference
5624 / Rightbiz
    Low Rent of £115 Per Week

    Annual Turnover £85,650

    Gross Profit £51,596

    Scope To increase Opening Hours

    Well Established Customer Relationships

    EPC - E

Description:
REF 5624 – Leasehold Bespoke Joinery and Furniture Manufacturer Blacks Business Brokers are proud to bring to the market this leasehold, bespoke joinery and furniture manufacturer located in the much sought after area of York, North Yorkshire.

INTRODUCTION
Baumer Joinery has been trading from Osbaldwick Lane since 2012 and over that time it has firmly established itself within the community and within this business sector. The business has a sensational reputation and a large and loyal customer base in place. Our client has long standing relationships with customers that have been built up relationships with other the years.

LOCATION
York is an affluent city in North Yorkshire, the area is very popular with tourists and is densely populated. It is well linked with the A64, A65 and A1. The business is positioned on the outskirts of York on a small industrial estate with 8 other units which is close to many other complementary businesses and is easily accessible with parking available for two cars.

REASON FOR SALE
The business is only being offered for sale as our client is relocating abroad.

LEASE
The building is available on a competitive rent on a Full Repair and insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is negotiable.

BUILDING LAYOUT AND DESIGN
The business is housed within a good sized industrial unit within a small industrial park. The business is well branded and has parking available outside for two cars and additional parking is available close by. Inside, the main workshop area is open plan with displays and examples of work. To the rear is a good equipped spray facility, a private office used for administration, a staff kitchenette and toilet facilities.

FINANCIAL DETAILS
Financial details are available upon a viewing of the business and the business has traded solidly over its trading history. The business generates an annual turnover of £85,650 with strong 64% gross profits consistently year-round. Many customers are from the local area as one would expect with additional trade from word of mouth and recommendations.

SUMMARY
This leasehold business offers an exciting and rare opportunity for a new owner to acquire a large customer base and excellent reputation for quality, bespoke work in a superb trading location. There is plenty of scope to develop the business further with a strong marketing drive and potentially additional workload with more staff introduced. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. It could also be of great interest to another similar business looking to expand into this highly sought after area. Early viewings are strongly advised.

Fixtures & Fittings:
Panel Saw
Spindel Moduler/Tenoner
Planer/Thicknesser
Morticer
Edgebander
Pillar Drill
2 Large Work Benches
2 Overflow Work Benches


Opening Hours:
MON - FRI: 09:00 - 17:00SAT & SUN: CLOSED


Weekly Rent:
£115 Per Week. Weekly Rent:
£115 Per Week.
Listing Details
Leasehold Price: £79,950
Tenure: Leasehold
Location: York, North Yorkshire
Sector: Joinery Businesses
Financials
Annual Turnover: £85,650
Annual Net Profit: £14,779
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 5624 / Rightbiz

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