Bespoke Laminate Furniture Manufacturing Business (“The Company”)

Description

Business Opportunity

An opportunity exists to purchase the business of a bespoke laminate furniture manufacturing business.

The Company provides the design, manufacture and install of bespoke solutions for washroom toilet cubicles, lockers, benches, storage, fixed furniture and panel systems and supplies to various sectors including: Education; Commercial Developments; Sports and Leisure; Healthcare; Retail; Industrial; Transport and the Public Sector.

The purchase will be executed at the earliest opportunity.  All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Asset Valuation as appointed agent on behalf of the vendor.

Business Overview

• Laminate design, manufacture and installation business;
• Manufacturing Facility;
• Established Customer Base;
• Raw Material Stock;
• Work in Progress and Orderbook;
• Leasehold Premises;
• Encumbered Plant and Machinery;
• Turnover £6,945,087 (year ending 31/10/2018).

High Level Financial Information

Year Ending 31/10/2018:

• Turnover: £6,945,087
• Gross Profit: £1,559,587
• Operating Profit: £278,880

Year Ending 31/10/2017:

• Turnover: £5,314,558
• Gross Profit: £1,271,851
• Operating Profit: £164,178

Year Ending 31/10/2016:

• Turnover: £4,290,348
• Gross Profit: £1,248,183
• Operating Profit: £124,723

Assets Available for Sale

• Unencumbered Plant & Machinery;
• Office Equipment;
• Additional Plant and Machinery Subject to Finance;
• Stock;
• Customer Base;
• Goodwill & Intellectual Property;
• Work-In-Progress; and
• Ongoing Contracts.

Location

North West, UK.

Deadline for Offers

Offers no later than 12 noon on Monday 15th July 2019, all offers to be supported by proof of funds.

Further Information

Please contact Damian Short on 0161 359 4332 or by email [email protected]