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Highly Profitable Joinery Business In Gwent For Sale

Newport, UK
Asking Price:
£689,995 Furniture / Fixtures included
Turnover:
£560,667
Net Profit:
Available on request

A well-established, high-quality joinery business in Gwent, Wales is now up for sale.

• 1,238 sqm freehold, detached industrial building on 1+ acre plot
• Extensive range of equipment included
• Great potential for expansion

This exciting business is superbly situated on a bustling industrial estate in South Wales. The location benefits from an abundance of businesses in the area, excellent road connections plus ample on-site parking, making it convenient and easily accessible for both its repeat, loyal customers and new clients.

Founded in 2008, this joinery business supplies quality furniture and fire doors to all parts of the UK and are licensed to supply Corian, Staron and Hi Mac materials, which are a new generation of solid surfacing. They work with many other companies, such as a popular British furniture designer in London. This long running joinery business has years of experience in design and implementation, making purpose made joinery. Their services are wide ranging from home furniture to commercial projects, which includes items such as fire doors, reception counters, solid surfaces, veneering, French polishing, home furniture, as well as specialist fitted furniture for schools, offices and hospitals. The business will be an approved certified company; meaning they will be able to manufacture their own fire doors, there is only one other company in Wales that can do this.

The business is located in a substantial freehold, detached industrial building of around 1,238 sqm, situated on a large plot which amounts to more than 1 acre. The impressive building itself boasts a reception, 5 offices, very large main workshop with various storage/work rooms, ladies and gent’s toilets, kitchen, staff room and a very substantial first floor mezzanine level which is used for storage, plus CCTV. The location simply has to be seen to be believed and so an internal inspection is highly recommended to appreciate the space and potential on offer.

The company lets out two large sections of the building to individual businesses which can be continued and increased depending on what space is needed. This adds a very useful supplementary income.

There is an extensive range of equipment included within the sale, which has substantial value and includes:

CNC edge bander (worth £100,000 new)
Post former
Press
Cross cut
Panel saw
Rip saw
Band saw
Planner/thicknesser
4 x cutters
Spindle moulder
Morticer
Domino Tenoner and various other Festool equipment
Extraction system
Spray bay
2 x compressors
Roller press
Bag press
2 x work vehicles, Long wheel base sprinter and a Vauxhall Astra
Other general tools and equipment

This well-established joinery business is highly profitable, with a turnover of £560,667 for the year ending November 2018 and a gross profit of just over £286,260.

However, there is further potential to expand this lucrative business if the new owner so wishes. With the right sales and marketing drives, along with extending opening hours, the business could generate further income. The space provided also offers many avenues for the new owners to go down. 

With an ideal location, established brand history, healthy net profits and exciting potential for expansion – this is a brilliant investment for anyone looking to buy a joinery business.

For more information about this business, please contact the seller on this page.

Property Information

Property:

Freehold

Location:

The business is set on a bustling industrial estate in South Wales. There are ample businesses in this area, and excellent road connections. The property benefits from ample on site parking.

Premises Details:

The premises are set within a very substantial detached industrial building covering around 1,238 sqm overall, situated on a large plot which we understand amounts to more than 1 acre.

The building is split into several areas to include, reception, 5 offices, very large main workshop with various storage/work rooms, ladies and gent’s toilets, kitchen, staff room and a very substantial first floor mezzanine level which is used for storage.

There are also 2 further areas which are separately rented and include a large office/storage space and then a large workshop accessed from the rear, via full height roller shutter door and its own separate office. The offices have gas central heating and the workshop has oil fired blower heating.

There is CCTV fitted and parking for many vehicles.There is an extensive range of equipment included within the sale, which has a substantial value and includes:
CNC edge bander (worth £100,000 new)
Post former
Press
Cross cut
Panel saw
Rip saw
Band saw
Planner/thicknesser
4 x cutters
Spindle moulder
Morticer
Domino Tenoner and various other Festool equipment
Extraction system
Spray bay
2 x compressors
Roller press
Bag press2 x work vehicles, Long wheel base sprinter and a Vauxhall Astra
Other general tools and equipment

Size in square feet:
13,353

Business Operation

Expansion Potential:

The business is located within a plot of circa 1 acre, therefore allowing for expansion if required and subject to the correct permissions.
The business is run from a substantial Freehold building, where they let out 2 large sections to individual businesses which can be continued and increased depending on what space is needed. This adds a very useful supplementary income to the business.

Reasons for selling:

Pursuing other business interests

Trading hours:

Monday – Thursday: 8:00 a.m. to 4:30 p.m.
Friday: 8:00 a.m. to 3:30 p.m.
Saturday – Sunday: closed

Employees:
6 Full time, 4 Sub-Contractors
Years established:
12 Years

Other Information

Furniture / Fixtures value:
£50,000 - included in the asking price

Contact Information

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