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Joinery Business Kitchens, Bathrooms Bedrooms
Established Since 2007
Accounts Available Year End 31st March 2020
Annual Turnover £76,947
Gross Profit £46,521
Accounts Available After Viewing
Fully Equipped - Large Workshop
Owner Operator / No Staff
All Business From Recommendations
Scope To Expand Product Lines
Potential For Online Presence
Scope To Join Social Media
REF 7510 – Leasehold Bespoke Furniture Manufacturers
Blacks Brokers are pleased to bring to the market this leasehold bespoke furniture manufacturer located in Harrogate, North Yorkshire.
Contemporary Cabinets was established by our client in this affluent area of Harrogate in 2009. The business offers bespoke furniture manufacture for bathrooms, bedrooms and kitchens. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a good amount of trade generated by word of mouth recommendations. Our client has ensured the business has an excellent reputation.
Contemporary Cabinets occupies a stunning position within the grounds of a working farm. The area is well linked by the A1(M), A61 and A658 and parking is available immediately outside the property.
REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to our client’s other business interests being higher than anticipated, 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.
The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a rolling monthly lease running at a cost of £115 per week.
The business operates with our client only in employment.
Contemporary Cabinets has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 31st March 2020 show that the business has an annual turnover of £76,947 and a gross profit of £46,521. Full financial information is available upon request.
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This long established business occupies a wonderful trading position in a scenic area of Harrogate. 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 services and a strong marketing drive. A new owner could also look to develop the business’s online presence and social media following. 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.
As and when required
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