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Established, High Turnover Furniture Manufacturing Company in Shropshire for Sale

Telford, Shropshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    18/10/23

  • Advert ID

    601334

  • Reference

    489 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £854,696 (£16,436 Per week)
  • Net Profit: £72,000 (9% Profit margin)

Key Features

  • Established Business
  • Fully Fitted
  • Unique Business
  • Accounts Available
  • Close to Local Amenities
  • Offers Invited
  • Company for Sale
  • Attractive Business
  • High Turnover
  • With Car Park
  • Adjacent to Multiple Retailers

Business Details

This is a superb opportunity to acquire an established furniture manufacturing company in Shropshire

This is a superb opportunity to acquire a well-established bespoke furniture manufacturing company based in Telford, Shropshire. The business is available on a leasehold basis.

The business operates as a designer and manufacturer of bespoke furniture items, with the capability of producing items using metal, wood and cloth. They produce a wide range of furniture pieces such as tables, chairs, cabinets, stools, and wardrobes and much more. All their manufacturing is completed on-site in their fully equipped and operational workshop and uses a host of specialist equipment to create one-of-a-kind, bespoke pieces. Utilising a highly experienced workforce, they pride themselves on providing a dedicated, client-focused service, which has ensured the longevity of its relationships with clients.

The business has been operating for over 30 years but in 2019 it was incorporated under a new company and the Directors have managed the business since its inception. Operating nationally, the business currently offers its services to 20 active commercial clients, and benefits from strong retention rates, with all its clients providing reliable, repeat business on an ongoing basis. All their manufacturing is completed on-site by their team of highly skilled staff and their clients operate across a broad range of sectors, including hospitality, construction, medical, education, and transport.

The business is operated from their 15,000 sq. ft site which is situated within a prominent industrial estate and is primarily used as an office and manufacturing space. Services offered by the company are fully scalable to meet the requirements of clients of all sizes, ranging from small, growing companies through to well-known brands.

·       Well-established for over 30 years!

·       Loyal experienced staff

·       Exceptional reputation

·       Loyal customer base

·       High quality premises

·       Variety of products and services

·       Excellent relationships with key suppliers

·       Excellent relationships with clients

·       High turnover - £854,696

·       Excellent location

·       Huge potential

·       Car parking outside

·       Minimal competition

It is with a heavy heart that the current vendor is selling due to relocating. Following the completion of sale, the Directors may be willing to provide a handover period, subject to negotiations. Due to the nature and impressive financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking for an established business within the furniture manufacturing sector or an existing business looking for an exceptional bolt-on opportunity.

This business has experienced a substantial amount of interest at an initial stage, so to avoid disappointment, please contact us for further information.

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Contact Agent

Contact the seller for more details, or book a viewing

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.

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Do not 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 amount 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.

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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.

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The data showed regarding this advert 'This is a superb opportunity to acquire an established furniture manufacturing company in Shropshire - 489 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.