Business for Sale in KINGSBRIDGE, Devon FURNITURE MAKERS

Key Information

Reference

MF35979N

Tenure

Leasehold

Status

For Sale

Region

Devon

Sector

Furniture Shops

Annual Sales

£125,648.00 Exc. VAT

Accommodation

No

Business Information

Independent FURNITURE MAKERS based SOUTH DEVON, in the glorious and affluent SOUTH HAMS, close KINGSBRIDGE and the coast, occupying an idyllic countryside setting, providing an enviable working environment. Supplying customers nationwide, offering a range of solid wood furniture from several collections for which drawings, instructions and templates are held, with a niche in dining tables and chairs.

Operating from easily accessible light industrial premises, approx. 1,650 square feet, providing manufacturing area, finishing room/showroom, storage, kitchen, and cloakroom facilities. All comprehensively fitted and equipped, the equipment inventory alone commanding a replacement cost in the region of £30,000. Benefiting from ample parking and low overheads, rent less than £150 per week, and receiving 100% business rate relief.

Respected business with strong brand, receiving top reviews, and recommendations, ensures some 4 months' work in hand at any one time, with limited advertising undertaken. Priding itself on the quality of its products, using ethically sourced timber. Sales 2023 £125,648 ex Vat, Gross Profit £95,996, consistent levels of profitability, all from flexible working hours, the business operated on a lifestyle basis, with scope to grow.

Leasehold £57,500 sav (Offers in Excess of) Ref: MF35979N