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Discover an exciting opportunity to acquire a well-established sofa manufacturing factory located in Blackburn, Lancashire. This business has been operating successfully for three years and has built a solid reputation in the industry, demonstrating consistent growth in turnover over that time.
The factory is equipped to produce between 15 and 20 sofa sets each day, supported by a skilled team of 12 to 16 trained employees. This dedicated workforce is a cornerstone of the business's success, contributing to its capacity to meet rising demand. In addition, a next-day delivery system is already in place, ensuring that customers across the UK receive their orders promptly. This efficient logistics framework not only enhances customer satisfaction but also positions the business favourably in the competitive furniture market.
Key Business Details
With a current turnover of £1,200,000 and a profit margin of £100,000, this business presents a lucrative opportunity for prospective buyers. The leasehold price is competitively set at £450,000, complemented by an annual rent of £34,200. These figures indicate not only the business's stability but also its potential for further growth in an evolving market.
The business operates a robust online presence, facilitating 24-hour online ordering for both B2B and B2C customers. Furthermore, it employs a competitive pricing strategy and has adapted effectively to changing market demands. The factory is capable of bespoke manufacturing processes, allowing for tailored furniture solutions that cater to a diverse clientele.
Reasons for Sale and Future Potential
The sale of this established business is driven by personal reasons, as the current owner plans to relocate. However, this transition presents a unique opportunity for new owners, especially since they will receive two weeks of training following the deposit. This support ensures a smooth handover and a foundation for continued success.
In summary, this sofa manufacturing factory in Lancashire offers a promising investment opportunity. With a strong market presence, efficient manufacturing and delivery processes, and a dedicated team, this business is poised for further growth. Don’t miss the chance to take the reins of a thriving furniture manufacturing enterprise. For more details, please get in touch.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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