Business Offered For Sale: Furniture Manufacturer (“the Company”)
Description
Business Opportunity:
An opportunity exists to purchase the business and assets of a furniture manufacturer operating in the North of England with retail outlets in the North and South of England. The business has an established heritage and manufactures a range of sofa designs direct for retail via their own outlets.
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 Limited as appointed agent on behalf of the Vendor.
Business Overview:
- Established Business
- Ongoing Work in Progress
- Stock Holding
- Intellectual Property
- Established retail outlets
- Leasehold trading premises
Financial Information:
| Draft Management Accounts & Financial Statements for: |
8 Months to 31/7/24 (£) |
Year Ending 30/9/23 (£) |
Year Ending 30/9/22 (£) |
| Turnover |
1,785,192 |
2,971,149 |
4,260,952 |
| Gross Profit |
1,137,280 |
1,501,599 |
2,168,151 |
| Net Profit/(Loss) |
(440,147) |
(227,619) |
252,094 |
Assets Available for Sale:
- Unencumbered Chattel Assets
- Work-In-Progress
- Stock (Showroom & Retail)
- Goodwill and Intellectual Property
- Historic Pattern Archive
- Leasehold Premises (subject to assignment)
Location:
North, England.
Deadline for Offers:
Indicative offers no later than 12 noon on Wednesday 18 September 2024, all offers to be supported by proof of funds.
Further Information:
For further information or to request a non-disclosure agreement please contact the Manchester office on 0161 359 4633.
Sector
Manufacturing/RetailTurnover
£2m