Soft Furnishings Manufacturing in Feniton Devon - £69,950 Leasehold, Diverse Clients, Growth Potential
Feniton, Devon
- Status
SOLD / WITHDRAWN
- Date Submitted:
01/06/23
- Advert ID
514117
- Reference
MF35792N / Rightbiz
- Call Agent:
- Leasehold: £69,950
- Turnover: £250,401 (£4,815 Per week)
- Net Profit: Not Applicable
Business Details
SOFT FURNISHINGS MANUFACTURING
Niche, 30 year established, very profitable, MANUFACTURING BUSINESS, producing SOFT FURNISHINGS (curtains, blinds, cushions etc.) for predominantly commercial clients who provide the fabric, also undertaking work for some private clients. Occupying easily accessible manufacturing premises, based EAST DEVON, within easy reach of EXETER, albeit not location dependent, undertaking work for clients throughout the UK, orders simply received, produced and despatched.
Ideally suited premises, approaching 1,500 square feet, providing reception/display area to include substantial number of fabric books, office, staffroom/kitchen/storage, comprehensively equipped workroom, additional storage, useful rear delivery access, and car parking. Enjoys favourable overheads, rent approx. £125 per week, and receives 100% business rate relief.
Established and same ownership since 1993, excellent reputation maintained, sound staffing structure in place, holding valuable client base, comprises soft furnishings retail outlets, top interior designers, prestigious properties, and some private clients, all of which ensures an abundance of work in hand stretching many months. Solid reliable profitable business, consistent levels of sales amounting to £250,401 ex Vat in respect of 2023 with scope to increase.
Leasehold £69,950 sav, Ref: MF35792N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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