SOLD : Manufacturer of Bespoke Furniture for the Education Sector
- Established 1947
- Currently run entirely under management
- Niche market operation, producing high quality wooden furniture for all levels of education from nursery classes through to primary and secondary schools, colleges and offices
- Excellent name and reputation for quality and services
- All orders fulfilled using company’s own vehicles for distribution
- Significant customer database (over 500) including regular, infrequent and one-off purchasers
- Turnover £350,000
- Gross Profit Margin 27%
- Very little spent on marketing – relies almost entirely on repeat business, referrals and recommendations
- Considerable and genuine potential for trade development
- Freehold business premises (with nearly 12,000 sq.ft. of gross internal floor area) on ½ acre site – independently valued by professional property consultant at £225,000 – well sited on industrial estate with good road communications to relatively nearby M5
MARKETING PRICE : £240,000