Solid Wood Furniture Business for Sale in Affluent Kingsbridge, Devon Area
Kingsbridge, Devon
- Status
FOR SALE
- Date Submitted:
04/03/24
- Advert ID
607761
- Reference
MF35979N / Rightbiz
- Call Agent:
- Leasehold: £57,500
- Turnover: £125,648 (£2,416 Per week)
- Net Profit: Not Applicable
Business Details
FURNITURE MAKERS
Independent FURNITURE MAKERS based SOUTH DEVON, in the glorious and affluent SOUTH HAMS, close KINGSBRIDGE and the coast, occupying an idyllic countryside setting, providing an enviable working environment. Supplying customers nationwide, offering a range of solid wood furniture from several collections for which drawings, instructions and templates are held, with a niche in dining tables and chairs.
Operating from easily accessible light industrial premises, approx. 1,650 square feet, providing manufacturing area, finishing room/showroom, storage, kitchen, and cloakroom facilities. All comprehensively fitted and equipped, the equipment inventory alone commanding a replacement cost in the region of £30,000. Benefiting from ample parking and low overheads, rent less than £150 per week, and receiving 100% business rate relief.
Respected business with strong brand, receiving top reviews, and recommendations, ensures some 4 months' work in hand at any one time, with limited advertising undertaken. Priding itself on the quality of its products, using ethically sourced timber. Sales 2023 £125,648 ex Vat, Gross Profit £95,996, consistent levels of profitability, all from flexible working hours, the business operated on a lifestyle basis, with scope to grow.
Leasehold £57,500 sav (Offers in Excess of) Ref: MF35979N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
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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.
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