Business for Sale in BARNSTAPLE, Devon FURNITURE MANUFACTURING & RETAILER

Key Information

Reference

MF35844N

Tenure

Leasehold, Relocatable - Nationally

Status

For Sale

Region

Devon

Sector

Furniture & Wood

Annual Sales

£66,654.00 Exc. VAT

Accommodation

No

Business Information

FURNITURE MANUFACTURING & RETAILER, can be undertaken by competent and practical DIY person or carpenter/bench joiner albeit a full handover is available, retirement sale, situated in the NORTH DEVON capital of BARNSTAPLE, or could be RE-LOCATED, or even amalgamated other similar business. Enjoying lucrative edge of town centre trading position, easily accessible, close car parks, bus and railway stations, just off the primary A39, a major route through the town.

Unique versatile showroom and manufacturing premises, approaching 3,300 square feet, with rent of just over £200 per week. Currently configured to provide customer consultation/showroom area, comprehensively equipped workshop, to include paint shop, and the machinery commanding a substantial replacement cost. Benefiting from loading bay providing parking for van, additional office. Staffroom/kitchen and cloakroom facilities.

Renowned business, in existence some 35 years, currently operated at a low level by the sole owner who now wishes to retire, no staff currently employed. Abundance of work in hand at any one time, with scope to increase considerably, to include supplying to the trade with approaches regularly received. Lots of recommendations and repeat business, longstanding website in situ proving valuable.

An efficiently run business, ideal for a couple, excellent systems in place centred on a basic manufacturing/production process, Sales 2022 £66,654, minimal overheads ensuring solid and reliable profitable business.

Leasehold Price £20,000 with stock at valuation approximately £15,000, Ref: MF35844N