Furniture Manufacturing & Retail Business with 3300 sq.ft Showroom in Barnstaple, Devon Up for Sale
Barnstaple, Devon
- Status
FOR SALE
- Date Submitted:
23/08/23
- Advert ID
518613
- Reference
MF35844N / Rightbiz
- Call Agent:
- Leasehold: £20,000
- Turnover: £66,654 (£1,282 Per week)
- Net Profit: Not Applicable
Business Details
FURNITURE MANUFACTURING & RETAILER
FURNITURE MANUFACTURING & RETAILER,can be undertaken by competent and practical DIY person or carpenter/bench joiner albeit a full handover is available, retirement sale, situated in the NORTH DEVON capital of BARNSTAPLE, or could be RE-LOCATED, or even amalgamated other similar business. Enjoying lucrative edge of town centre trading position, easily accessible, close car parks, bus and railway stations, just off the primary A39, a major route through the town.
Unique versatile showroom and manufacturing premises, approaching 3,300 square feet, with rent of just over £200 per week. Currently configured to provide customer consultation/showroom area, comprehensively equipped workshop, to include paint shop, and the machinery commanding a substantial replacement cost. Benefiting from loading bay providing parking for van, additional office. Staffroom/kitchen and cloakroom facilities.
Renowned business, in existence some 35 years, currently operated at a low level by the sole owner who now wishes to retire, no staff currently employed. Abundance of work in hand at any one time, with scope to increase considerably, to include supplying to the trade with approaches regularly received. Lots of recommendations and repeat business, longstanding website in situ proving valuable.
An efficiently run business, ideal for a couple, excellent systems in place centred on a basic manufacturing/production process, Sales 2022 £66,654, minimal overheads ensuring solid and reliable profitable business.
Leasehold Price £20,000 with stock at valuation approximately £15,000, Ref: MF35844N
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
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.
Be safe, use a Rightbiz Solicitor
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