Business for Sale in Gorleston, Norfolk - BESPOKE FURNITURE MANUFACTURER - Leasehold: £975,000

Key Information

Ref
MF32778E0
Type
Manufacturing Companies: Furniture & Wood
Location
England: Norfolk
Tenure
Leasehold
Status
For Sale
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Rarely does such a quality business come to the market. Norfolk Manufacturing is a well established, highly regarded, very profitable manufacturing company. Aiming to create kitchens, bedrooms and bathrooms to the highest standards whilst offering the best quality of service throughout Norfolk and Suffolk this is a business which constantly strives to be the best.

With a modern factory operating out of new premises in Gorleston, the bespoke units manufactured on site mean customer options are not limited by the constraints of many of their competitors. This gives them an edge which is shown by the high volumes of trade enjoyed from both trade and retail clients.

With the benefit of long term contracts with major Norfolk and Suffolk builders ensuring steady income as well as ever increasing retail customers, in our opinion this is a great business with much potential for future growth and profits.

The business has recently been appointed as licensed ‘Corian’ manufacturer and concurrently is enjoying an uplift of the premium end of the market.

THE BUSINESS ITSELF

For sale as a going concern, this highly profitable independent business was founded by the vendor and his family some nineteen years ago. Specialising in the manufacture of bespoke kitchens, bedrooms and bathrooms it is also a certified Corian licensed fabricator. Selling only premium quality appliances and with a turnover for year ended March 16 in excess 700k and the high G.P. you would expect this is a great enterprise. Trade is currently split approximately 60% retail 40 % trade as a result of extensive advertising.

There are long term contracts in place ensuring high turnover for several years to come. There are three employees and the working owner plus freelance fitters as required.

ACCOMMODATION

ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.

The business is spread over two recently purpose built units totalling some c7000 sq ft. with large parking area to the front. Mainly open plan, there is a reception and office and the machinery is well spaced out and there are two extraction units to ensure clean air at all times. The machinery includes an EBM curved edge bander, Brandt 1440 straight line bander with extra software, BHX Weeke drill cage end board cutter, Ligmatech carcass press, Hinge driller Mepla Alfit, Joos cold press (new) Paoloni panel saw (fully digital) piller drill for curved doors, Multicam series 5k flat bed cnc, computers and a wide variety of hand drills.

All machinery is fully serviced and maintained and included in the price. There are no leases as all equipment is owned outright.

The business owns two brand new Peugeot Boxer LWB + high roof vans and a Nissan fork lift truck which are also included.

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