Long-Established Somerset Joinery Business Specialising in Bespoke Architectural Pieces for Sale
Undisclosed, Somerset
- Status
FOR SALE
- Date Submitted:
20/07/23
- Advert ID
516944
- Reference
GAT2141 / Rightbiz
- Call Agent:
- Leasehold: £183,500
- Turnover: £771,000 (£14,827 Per week)
- Net Profit: On request
Business Details
Joinery Business
Gator Business Sales are pleased to be able to offer for sale this exceptional business.
Under current ownership for the last 23 years, but with a trading history dating back to the 1940s, the company manufactures and sells high-end architectural joinery for new builds and renovations.
Examples of work regularly undertaken include windows, doors and screens, stairs and staircases, custom cabinetry and conservatories. All of the joinery produced is bespoke, designed and manufactured to fit the exact specifications of the individual projects.
Skilled workforce to transfer with experienced and long-serving individuals in key management roles.
The business leases particularly spacious premises which allow it to take on large-scale projects.
Well equipped throughout to provide the new owners with a turn-key acquisition.
Ideal bolt-on for any organisation in the same or similar industry, but equally attractive as a standalone purchase.
Genuine retirement sale with the principal shareholder being in his early 70s.
Trading Hours: Workshop predominantly operates Monday-Friday during normal business hours with occasional weekend overtime as required.
Employees: Ten full-time employees plus the owner.
Location: Ideally located on a busy modern industrial park.
Premises Details: Well maintained spacious ground and first floor premises totaling approx. 653 sq m/7,026 sq ft.
Lease Terms: Current 10 year lease runs through until August 2029. Transferring rent is £37,800 per annum.
Reason for Sale: Genuine retirement sale.
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Listing Statistics
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Stay Safe
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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
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
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