Premium Quality Bespoke Joinery Manufacturer For Sale

Business description

Over 5 years, the owner has transformed this Company into a most attractive business, manufacturing a superb product, usually in the best Oak or Sapele. Its products are often made for the most expensive houses where quality and finesse rather than price is all-important. Despite the current gloom in relation to the construction sector this Company’s order book is at record levels.

The company manufactures a wide range of bespoke joinery including doors, windows, stairs, architectural joinery, bookcases, built-in furniture, conservatories, shop fronts, and many other timber items. The timber used is all from sustainable sources. A new range of Bi-Fold Doors was established 18 months ago and this has proved to be a significant growth area for the business. The Company has some impressive projects to its credit. A significant proportion of the business is focussed on restoration projects and Grade II listed buildings. Customers range from discerning home owners to major contractors. In the past a stair case and other joinery items were made for The Royal Lodge in Windsor Great Park. Currently work is underway for a new-build house believed to be for an England footballer.

The Company boasts an impressive array of equipment most of the main items of which have been replaced over the last 4 years. It occupies a leasehold building, of around 4500 sq ft floor space, in an attractive village located in the Portsmouth area. There are 7 operational staff, including a Workshop Manager who is capable of running the business day to day. The Company has consistently produced good levels of profitability with sales in the year to December 2008 likely to be in excess of £600k, producing an Adjusted Operating Profit of well above £100k.

The Guide Price for this Company is £400,000 for 100% of the share capital on a ‘debt free, cash free’ basis. This business will appeal to joinery companies, other businesses in the high-end construction trades and to individuals who would like to develop the business further.

Property information

Property:

Leasehold

Other information

Financing available:

Yes