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Manufacturer Of Hand-crafted Furniture With Strong Online Sales In Teesside For Sale

Teesside, UK
Asking Price:
£600,000
Turnover:
£500K - £1M
Net Profit:
Available on request

Premises: Leasehold Property

Financial Details: Expected profit for the year ending May 2024 is £150,000 to £200,000 for the year.

Year: 2022-2023: Turnover circa £590,000
Year: 2022-2023: Net Profit circa £140,000
Year: 2022- 2023: Net assets circa £76,000

Key Strengths:

• High-Quality Craftsmanship.
• Exceptional Customer Service.
• Customisation Capabilities.
• Innovative Design with Live Edge Elements.
• Superb online presence and reputation.

Business Overview:

The successful manufacturer of hand-crafted furniture is well established with a large client base. Business commenced trading in 2019, making quality shelves and tables, and developed an excel-lent reputation for high quality furniture.

Since that time the business has created a full range of Floating Shelves, Live Edge Shelves, Platters, Coffee Tables, Cubes, Television Units, Bracketed Shelves and Accessories, this sets this successful manufacturer them apart from their competitors.

The business uses high quality solid wood, providing the quality and durability that comes from real wood. The high-quality furniture not only looks great but also long lasting and brings nature to the home, craftmanship is their core value.

Property Information

Property:

Leasehold

Location:

Teesside , North Yorkshire

Premises Details:

The business operates from a secure 300m2 with workshop, office, social room, yard and ample parking, with an annual rent of £12,600.


Security:
The premises are secure with alarm, grills, and CCTV.


Services:
Electricity, Mains Water, Sewerage, Broadband, Electricity and Telephone.

Business Operation

Competition / Market:

Naturally there are competitors to this manufacturer of hand-crafted quality furniture. However, it is difficult to find a competitor who can compete in design, craftmanship and quality. This business enjoys a 95 to 98% reputation for exceeding client expectations in every aspect of its product line and production.

Reasons for selling:

The owner has achieved his financial objectives and is looking to cash in on the value he has built.

Other Information

Support & training:

The business is committed to providing transitional support to the new owner.