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