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Fully Equipped Architectural & Bespoke Joinery Manufacturing Company

Ref. GE095

Location : Barrow/South Cumbria

Asking Price : £85,000

Turnover : £520,000

Net Profit : £50,000

Gross Profit : Undeclared

EBITDA : Undeclared

Net Asset : Undeclared

Premises : Leasehold

Confidentially offered for sale

  • Turner Butler

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Asking Price: OIRO £85,000 (inc stock, plant and equipment)

Asking price includes:

Consistent turnover circa £520,000 p.a.
Typical profits available to the vendor circa £50,000* p.a.
Ideal leasehold manufacturing facility
Machine shop/assembly area/spray booth/wood store/glass area/offices
Significant Plant & Equipment (wholly owned)
Over 15 years successful trading
Excellent senior staff structure
Turnkey solution
Highly skilled workforce

Business Profile

This very well established company was set up more than 15 years ago by the current vendors. The company has built up an enviable reputation in the market it serves through manufacturing and installing quality purpose made architectural joinery products, for both commercial and domestic clients.

Range of products include windows, sash-windows, doors, balustrades, mouldings, staircases, spindles, bar fitting, receptions, newel posts, architrave, conservatories and porches. The company offers a full turnkey solution including:

• Full Design Service
• Site Surveys
• Manufacture of Bespoke and Standard Joinery Production
• Installation

The company enjoys very consistent levels of trading from an impressive base of regular clientele. Clients include individuals, contractors, public sector establishments with large estate and blue chip commercial organisations. Approximately 50% of revenues are from commercial clients. Most of its work comes via referrals, repeat busienss and word of mouth recommendations.

The vendors have built up a superb team of key staff from apprentice level right through to joinery/manufacturing manager level, which ensures the business operates smoothly on a day to day basis. It also means the business is not dependant on the vendors, one of whom is supervisory, the other does not work in the busienss nowadays. Staff are highly skilled and loyal.

The business operates from an ideally located manufacturing facility. The business is being marketed on a leasehold basis.


The company has substantial levels of infrastructure, the vendor having re-invested in the business over the years to ensure the business complies with the latest EU laws regarding woodworking and joinery production. This has included investment in the premises, machines, tools and adminstration systems.

A full and compreshensive asset register is available and includes:

Panel saw Robland Z320
Spindle Moulder Robland T120
Planner thicknesser Robland SD510
Dominion Tenoner
Dominion band saw
Dominion cross cut Saw
Dominion spindle moulder
Sedgwick Morticer
Assortment of Nail guns, Routers, SdS drills
2003 Merc sprinter van with glass racks
Small transit connect van
Full extraction system
New website

The business also has its own spray booth and many high quality hand tools. The workshop has full extraction.

All plant and equipment is wholly owned and well maintained. The vendor advises the cost of replacement of all plant and equipment alone would run into tens of thousands of pounds!

This means the business can provide a complete turnkey solution and ensure the highest quality of product and service at all times.

Customer Service:

The business has developed a reputation for delivering high quality joinery products on time and within budget. With time served craftsmen, a structured workforce and comprehensive levels of modern equipment this dynamic company provides its customers with a full turnkey solution from initial concept through design, production and final installation. The company enjoys very high levels of repeat business and referrals such is its levels of customer service.

The company complies with all current regulations with regards to product quality, production techniques, health and safety and employment. All of this means the customer receives the best levels of care.

Key Strengths:

• Reputation-recommendations and project specification
• Infrastructure-highly equipped/ modern technology/high value workshop with excellent asset value.
• Quality-all products are manufactured in-house to meet current regulations
• On-going projects( typically up to circa £65,000 work in progress at any one time)
• Customer base
• Staff- highly skilled craftsmen and management
• Profitability 

Key Opportunities:

As mentioned above future growth within this market is expected in the short and medium term. To date the business, by its own admission, has been more reactive rather than proactive in its approach to the market place. A new injection of energy coupled with a more strategic sales and marketing approach would certainly increase future revenues and profitability as there are many more potential customers already out there! There are many avenues for future growth both within its current geographical area and beyond.

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.

The business consistently achieves turnover well in excess of circa £500,000 p.a.

Typical adjusted operating profits/EBITDA available to the vendor circa £50,000+ p.a.* (*After taking into account historical bad debts incurred.)

Turnover 2014 £550,000 p.a.
Turnover 2015 £552,000 p.a.
Turnover 2016 £519,000 p.a.
Turnover 2017 similar expected

The business has a significant amount of equipment, plant and machinery that is included within the asking price. The vendor advises the replacement costs of this equipment would be many tens of thousands of pounds. Tangible Assets/Plant & Equipment on books circa £12,800. Stock is circa £14,000.

The Asking price is for the sale of 100% of the Issued Share Capital in the Limited company. All plant and equipment and stock is included within the sales price. However the asking price is based on a debt free, cash free scenario. (i.e. excludes cash at bank, debtors less creditors etc.).

Advertising and Marketing:

The business enjoys high levels of repeat business, word of mouth recommendations, specifications and referrals, however, it could benefit from a more strategic marketing campaign. It has just put in place a new highly informative website although its online presence could be developed even more. There is no external sales representation at present.

Growth and Expansion:

The business has enjoyed consistent levels of business over the last few years from a very loyal customer base, despite tough economic trading conditions, and believes sales will improve in the future with the region seeing increasing levels of activity, particularly with some of the major employers/customers in the area securing new long term projects. The business has the spare capacity to easily expand its output should a new owner so require, such is the level of infrastructure it has in place already.


The business is being offered for sale on a leasehold basis.

The business is located centrally to the town and comprises:

1.Machine Shop area c9.93mx7.330m
2.Assembly bench area c9.98mx7.33m
3. Office 1. c3.00mx3.50m
4. Office 2. c3.00mx2.40m
5. Wood store area 10.00mx7.30m
6. Spray Booth . 4.85mx3.50m
7. Glass Area.9.90mx6.20m

Upstairs Offices

8. Front office 4.70mx5.60m
9. Middle office 4.70mx5.60m
10. Back Office 3.20mx5.60m

The premises are in good condition with all services connected and full dust extraction. They have large loading bays and ample parking spaces.


Only one of the two directors now works in the business, tending to operate on a supervisory and pricing basis .The business employs a full time joinery/manufacturing manager, 4 full time joiners, an office/ accounts manager and part time administrator. It also has a pool of highly reliable sub-contractors who it can call upon as required. Staff are a real asset of this business.

The manufacturing manager and office manager can run the business on a day to day basis if required.

Support and Training:

The vendors will provide a smooth transfer of the business to new owners to ensure continuity of trading. This is not expected to be a lengthy process as the business has excellent management already in place.

Reason for Sale:

The vendors are looking to consolidate their other non-conflicting business interests.

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

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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.

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Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 25 7777