Business for Sale in Northamptonshire, Northamptonshire - LONG ESTABLISHED JOINERY BUSINESS - NORTHAMPTONSHIRE - Freehold: £2,150,000

Key Information

Ref
M33922SM
Type
Service Businesses: Joiners & Joinery Businesses
Location
England: Northamptonshire
Tenure
Freehold
Status
For Sale
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EM&F are delighted to have been instructed to bring to the market this long established, very well run and profitable joinery company. It is not often that a business comes onto the market that ‘ticks all the boxes’ when looking at it as a buyer would and so we are excited to be able to offer this for sale.

An excellent opportunity for either an investment company or an existing joinery company who is looking to expand, this solid business that continues to grow and provides security with substantial freehold premises and an extensive asset list will be of considerable appeal to many. We therefore urge any serious interested parties who have funds available to proceed to contact us at their earliest opportunity.

THE BUSINESS ITSELF

This family run partnership was set up some 28 years ago and has since grown to the size it is today with an increasing turnover currently in excess of £2m. Employing more than 20 members of staffacross two buildings, totalling nearly 15,000 sq. ft, it provides high end joinery products and services to a range of clients across the country. Ideally located with excellent transport links the types of work undertaken include bespoke quality retail and office fit outs, joinery to luxury boats and yachts as well as some one off private installations.

The business is operated in two parts, being the main joinery company and then a seperate finishing company which provides a useful additional service and means that this important element can be kept in house. A full design and installation package is able to be offered to clients including electrical services where needed.

The owners have continued to invest in all areas including the premises and particularly the machinery and equipment and therefore the business is in good order to continue to grow. The business is coming to the market due to a pending retirement however the remaining partners would be willing to stay on in the business for continuity should a new owner wish subject to terms being agreed.

ACCOMMODATION
ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.

The extensive brick built accommodation is spread over two buildings situated on the one site. The main building houses the joinery business and provides for a range of offices and workshop. C.10,300 sq. ft there is a reception area and office through to the main office set up for 5 workstations and further desk and printing area. This is also a further office which is the CAD design room with 3 stations as well as a staff kitchen, breakout room and toilet facilities.

The extensive and extended workshop is split into a number of different work areas providing space for the various machinery and equipment, work benches for finishing works and mezzanine floors providing further offices and storage areas. Access can be gained by roller doors to both the front and rear. In addition the owners have installed a large bio mas boiler which is powered by the timber off cuts and provides heating to the building whilst extraction has been provided to each of the cutting machines.

The additional traditional built unit provides over 4,600 sq. ft of work area and houses the finishing business where preservation and decoration coats are applied to the products that have been manufactured next door. Again split into a number of work and storage areas providing flexibility of use. Both buildings wouldappear to be in good order and well maintained.

Externally there is extensive parking for the company vans and vehicles, loading areas, bins stores, as well as additional storage all secured by palisade fencing, alarms and security lighting.

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