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Bespoke Clock & Watch Manufacturer In Penkridge For Sale

Penkridge, Staffordshire, UK
Asking Price:
£80,000 Furniture / Fixtures included
Turnover:
£174,092
Net Profit:
Available on request

Prominent Industrial Estate Location
Property Not For Sale
Potential To Relocate Business
Accounts Available To March 2022
Annual Turnover £174,092 / Gross Profit £83,119
Owner Operator / No Staff
Excellent Reputation & Online Reviews
Comprehensive Website With Online Shop
Scope To Expand Product Range

REF 8102 – Leasehold/Relocatable Bespoke Clock & Watch Manufacturer

Blacks Brokers are pleased to bring to the market this leasehold/relocatable bespoke clock & watch manufacturer located in Penkridge, Staffordshire.

INTRODUCTION

Bad Dog Designs was established by our client in this sought after area of Staffordshire in 2014. This niche business upcycles electronics to create nixie clocks using vintage tubes to show the time. The business has developed a good range of unique and handmade items which are sold internationally via the comprehensive business website. It has become very well known with a strong base of regular customers in place. Additional trade is generated by word of mouth recommendations and website traffic. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google.

LOCATION

Due to ecommerce being the main sales channel for Bad Dog Designs, the business is fully relocatable. However, the current position is very well suited to this business. Bad Dog Designs occupies a small industrial trading position in a rural but well linked position just off the M6. Free parking is available immediately outside the unit.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s retirement plans, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a monthly rolling lease agreement. The current rent is £150 per week due to rise to £165 per week in January 2023.

STAFF

The business operates with our client and partner only in employment.

FINANCIAL DETAILS

Bad Dog Designs has traded solidly since opening and our client has established a strong repeat customer base. Accounts for year ending March 2022 show annual turnover of £174,092 and gross profit of £83,119. Full financial information is available upon request.

SUMMARY

This well established business occupies an enviable trading position in Penkridge, however is fully relocatable with an international client base. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new product lines and a strong marketing drive. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

24 Hour Website

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