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Joinery Manufacturer - Windows, Doors and Conservatories - Substantial Purpose Built Long Leasehold Factory with Timber Mill & Spray Shop

Ref. GE060

Location : Essex

Asking Price : £750,000

Turnover : £1,200,000

Net Profit : £73,000

Gross Profit : £263,000

EBITDA : Undeclared

Net Asset : Undeclared

Premises : Leasehold

Confidentially offered for sale


  • Turner Butler

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Asking Price: Offers in excess of £750,000

Turnover circa £1,200,000

Gross Profit circa £263,000

Adjusted Net Profit circa £73,000

Valuable leasehold with 82 years remaining

Modern, efficient, well equipped, purpose built premises in excellent condition

Accounts with large manufacturers

Comprehensive stock of woodworking equipment

Highly reputable long-standing business

Qualified and highly skilled craftsmen

Facilities for expansion available

Excellent reputation

Professional website

Fixtures and fittings

Goodwill

Business Profile

Established in 1980, this highly successful business has been serving both the public and trade sectors for over thirty years. Based in Essex, the business manufactures bespoke timber joinery, including windows, conservatories and doors plus additional internal joinery all supplied in a variety of finishes. These products are supplied to both local and national companies.

Customer Service:

Everything possible is done to maintain the excellent reputation the business has achieved for providing a personal, thorough, efficient and friendly service.

Key Strengths:

Contributing to the strength and success of the business to date, would be the high quality timber products that are manufactured and supplied by the company, all at cost competitive prices, plus the modern factory facilities, which are logistically well located.

The business is both profitable and very well established and enjoys an excellent reputation for providing top quality products, delivered on time, at a competitive yet profitable price.

Financial profile:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business is financially stable and has shown steady growth over its 30 years of trading. Turnover is circa £1,200,000 per annum.

Premises:

The substantial premises are approximately 15,600 square feet in total and comprise of a purpose built factory with a workshop, timber mill and spray shop. The building is fully equipped with modern, efficient woodworking equipment, including fixed and portable machinery, extractor systems, benches and stock. This well designed space is on a secure long lease of 110 years, with 83 years remaining.

Employees:

The owner is responsible for the day to day management of the business, supported by 28 full time staff who works directly for the company.

Support & Training:

Full support will be provided for a reasonable period of time.

Reason for Sale:

Having been involved with the business for over 30 years, the vendor is now approaching retirement age.

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 25 7777
info@turnerbutler.co.uk
www.turnerbutler.co.uk