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Manufacturer of Made to Measure Curtains, Blinds & Soft Furnishings - Bespoke Service

Ref. AG150

Location : Buckinghamshire

Asking Price : £90,000 + SAV

Turnover : £72,000

Net Profit : Undeclared

Gross Profit : £39,000

EBITDA : £34,000

Net Asset : Undeclared

Premises : Leasehold

Confidentially offered for sale


  • Turner Butler

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Leasehold

Asking price includes:

Turnover circa £72,000 per annum
Gross Profit circa £39,000
Net profit EBITDA £34,000 (Before drawings)

Very well established business in residential area
Extensive range of pattern books
Website with excellent SEO position
Excellent reputation
Company website
Growth potential

Business Profile

Originally set up by the vendor 17 years ago, this business is owner-managed and is extremely well established as a specialist manufacturer of made to measure curtains, blinds and soft furnishings offering a total bespoke service to the domestic market inc. older homes and a large amount of new build residential homes.

The business operates from home offering a personalised reliable service from the first site visit to the professional fitting. As a manufacturer the products are supplied at very competitive price enhancing their local reputation.

A combination of exceptionally high standards of work, an individual and personal service as well as a first class fitting service have all combined to give many years of customer satisfaction and a growing order book.

This is a perfect opportunity for a buyer wanting to buy an established profitable business ripe for expansion or a company presently in this sector that wishes to expand its coverage in this very lucrative location.

Customer Service:

The business prides itself on their excellent reputation, eye for detail and quality of their work. Every order is manufactured and fitted to a high standard surpassing expectations at every stage of the process.

Key Strengths:

With 17 years of experience this very well established business takes pride in the reputation it has established in this market. Having such a dominant market position and profile, the business is competitive yet able to price to a premium aware of its unique bespoke product offering in the area, placing it above much of the competition. The company has on-going work in the pipeline and much repeat business offering huge growth potential.

Key Opportunities:

The sale of this business presents a rare opportunity to acquire an extremely successful business. Established from scratch by our client there is genuine and demonstrable scope to increase revenue by introducing new technology, expanding the internet side and beginning to encompass social network sites. New product items could expand the existing range to include shutters and awnings, which are both big ticket items from which new owners would reap the benefits and build on an excellent base.

Financial Information:

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.

Turnover circa £72,000 per annum
Gross Profit circa £39,000
Net profit EBITDA £34,000 (Before drawings)

The Asking Price of £90,000 is for 100% of the issued capital of the company, assuming Net Assets of circa £1,000 on completion (calculated on a zero cash-zero debt basis). The final selling price will have a £1 for £1 adjustment for any rise or fall in this benchmark Net Asset figure of £1,000 at completion.

Advertising and Marketing:

As just stated very little investment has been spent on marketing the company, with word of mouth reputation being the only form of advertising. The business does however have lots of books on design, material etc. plus a professional website to showcase the products and skills of the company.

Growth and Expansion:

The company would certainly benefit from an active marketing campaign. The market outlook for this business is constant, however new energy from new owners could increase the turnover and the brand name by trading on the company’s reputation.

Business Hours:

Monday-Friday: 8.30am – 5pm
Saturday: 8.30am – 1pm

Employees:

The owner is responsible for both the running of the business and manufacturing, employing one part-time fitter.

Support and Training:

Training and support will be provided for a negotiated period of time to ensure a smooth transition of ownership.

Reason for Sale:

The vendor is looking forward to retirement.

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

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 678532
info@turnerbutler.co.uk
www.turnerbutler.co.uk