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CONFIDENTIAL SALE
FOR SALE
23/03/23
510556
WJ01-ABS / Rightbiz
Profitable Bespoke Wood Joinery Business For Sale
Confidentially offered for Sale
Asking Price: £450,000 cash free debt free
Business Ref: WJ01-ABS
Location: Northamptonshire
Business Financial Highlights:
Financial results Year end March 2023 Turnover £798,000
Earnings before interest taxes depreciation and amortisation (EBITDA) pre directors' drawings circa £130,000 per annum.
Net assets: circa £125,000
Similar or better financial results expected in 2023
70% of the projects are domestic, 30% are commercial projects
Vehicles: Fully fitted, tooled and sign written vans.
Fully equipped modern workshop: High quality machines and tooling and 6000 square feet workshop with lots of room to expand
Fully equipped workshop: This Business features a circa 6,000 square-foot workshop, complete with top-of-the-line machinery and tools, providing ample space for future expansion and growth.
This established and reputable Business offers exceptional bespoke wood joinery services to clients in Northamptonshire and the entire United Kingdom.
The company specializes in various custom wood joinery projects, including wooden sash windows, casement windows, curved sash windows, stormproof windows, doors, and renovations of listed buildings for many companies and individuals.
Based in the East Midlands, the company boasts a wealth of experience and expertise with a Director and Factory Manager who bring over half a century of combined knowledge in joinery and carpentry.
The commitment to excellence ensures that clients receive unparalleled craftsmanship and service for every project, regardless of size or complexity. This leads to a constant stream of referrals for new business.
Staff:The Company has assembled an outstanding team of skilled and highly qualified craftsmen, each with unique expertise; the Business fosters the development and training of future craftspeople. This investment in staff ensures a consistently high level of craftsmanship and service.
Clients: The Company has successfully nurtured robust relationships with key contractors and local tradespeople who use the company on a regular basis, together with a large historical domestic following which ensures ongoing referrals and repeat business
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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