| (REF: IH027 ) Engineering Manufacturer of Traditional Fireside Accessories |
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| Seller Reference: |
IH027 |
| B4S Reference: |
15647 |
| Asking Price: |
£85,000
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| Net Profit: |
£23,000 |
| Sales Revenue: |
£110,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Birmingham, West Midlands, West Midlands County, United Kingdom |
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Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.
This business was established in 2002 by its principal, whose generic experience in this industry sector stretches back some 20+ years. The company manufactures by engineering processes, a range of high quality traditional fireside accessories which are sold to the retail market either through wholesalers or via the internet, with products being bought in countries across the world.
As these products have now established themselves a brand identity and routes to market that could easily be expanded, this turn key opportunity will appeal to existing engineering company’s who could bolt this business on to their existing range of activities, as factory space required for the manufacturing process would only require circa 1,000 square feet. This would have the double edged benefit of economies of scale and extra lines of revenue.
The business could therefore be uplifted and placed alongside the activities of an engineering factory which is perhaps running under capacity, and with space to house this attractive bolt-on. It would also benefit a person/family with experience in this sector, looking for an income stream which can only grow with further application to marketing.
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Property: |
Leasehold |
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Lease Terms: |
The company’s premises are housed in factory unit of circa 1,200 square feet. The factory unit is located in an industrial development of similar buildings.
Tenure is by way of a 12 month rolling rental agreement, with 6 month breaks. Annual rental is circa £7,200, with rates coming in of circa £1,100 per annum.
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Current Rent: |
Annual rental is circa £7,200, with rates coming in of circa £1,100 per annum. |
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Living Accommodation: |
No |
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Full support and any necessary training will be provided during handover as part of a successful sale package. |
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The owner now seeks a change of lifestyle. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
Yes |
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Is this business part of a franchise? |
No |
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Monday – Friday: 8.00am – 5.00pm
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The company employs two full time staff including the principal, plus a trusted sub contract upholsterer. |
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