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The company is a well established family business that has been constructing traditional shepherd’s huts, with a modern twist, for over 16 years.
The company employs local craftsmen to hand build a wide range of designed huts.
The business offers customers the highest quality of manufacture and finish, and a great customer service.
The business has many strengths including:
• Strong trading history
• Strong order book
• Strong potential orders due to connections within the Glamping sector
• Bespoke service
• Skilled local workforce
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Turnover of c. £240,000
Gross profit c. £50,000Net Assets c. £22,000
Adjusted EBITDA c£47,000 before owner’s drawings
The business generates a good profit for a sole owner. The vendor has invested in the infrastructure of the business over the years and it has a good level of plant and equipment that is included within the sale price.
The business is located in commercial premises on the outskirts of a large West Country town. The current rent is £25,000 pa plus rates.
The business has enjoyed steady growth over recent years and this is expected to continue in light of its growing and loyal customer base. The site has room for expansion if need be and this could easily be achieved if a new owner wished to employ further craftsmen as the demand is already there.
The company has a number of new designs, which are yet to be advertised, and are expected to be the company’s “Next Generation Huts”.
The business does very little advertising, no social media or exhibitions and could certainly expand this activity with a more proactive approach. The business is well positioned to take maximum advantage of this growth as it occurs since it has the necessary infrastructure in place.
The business has a strong website which generates most of the demand for the products. Additional targeted advertising and a social media presence would reap rewards.
Started as a lifestyle business to enjoy the delights and activities of the West Country and be able to spend time with family as the children grew up.
Now children have left looking for a new lifestyle change / challenge
Mon – Thurs. 7.30am - 5.00pm Fri. 7.30am - 2.30pm
The current owner would be happy to provide full training and support at handover.
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