Bespoke Furniture Manufacturing Business (“The Company”) – Sold

Sector
Turnover
Location
Manufacturing £1.7m Northwest, England

Business Opportunity

North West based bespoke furniture manufacturing business.

The Company manufactures office furniture to a standard specification and also bespoke to a client’s requirement.  In addition, the company has the ability to design, manufacture and install bespoke furniture for a range of uses including office, restaurant and bar, media and kitchens.

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 Valuation Limited on behalf of the vendor.

 

Business Overview

  • Manufacturing Facility;
  • Premises located in the North West of England;
  • UK Customer Base;
  • Turnover £1,757,517 (12 months to May 2017)
  • Leasehold Premises;
  • Immediately available.

 

Financial Information

Figures taken from the Unaudited Financial Statements:

 

  • 12 Months to 31/05/2015
  • Turnover: £1,888,308
  • Gross Profit/(Loss): £997,890
  • Net Profit/(Loss): £26,719

 

  • 12 Months to 31/05/2016
  • Turnover: £2,374,905
  • Gross Profit/(Loss): £1,177,633
  • Net Profit/(Loss): £16,513

 

  • 12 Months to 31/05/2017
  • Turnover: £1,757,517
  • Gross Profit/(Loss): £843,904
  • Net Profit/(Loss): (£75,224)

 

Premises

The Company occupies manufacturing premises in the North West of England subject to various tenancy agreements.

 

Assets Available for Sale

  • Unencumbered Machinery and Business Assets.
  • Raw Material Stock;
  • Goodwill;
  • Intellectual Property.

 

Deadline for Offers

Best and final offers no later than 4pm on Tuesday 5 December 2017, all offers are to be supported by proof of funds.

Further Information

Please email Damian Short.