Financial Details
Asking price: £115,000
Sales revenue: £200,400
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed

  • Photograph of this business for sale

Business Description
Advent Business Sales is pleased to have been instructed to offer to the market this well established joinery business which has been trading successfully since 1982.

The current vendor has been in constant ownership since its inception and is reluctantly selling due to medical reasons and retirement plans.

The company has grown to be known as one of Lincolnshire’s leading carpentry and joinery specialists and although they specialise in custom made carpentry and joinery, using both quality hardwoods and softwoods. They also cover all aspects of the trade from the hanging of doors to the manufacture of specialised hardwood display units for a number of major national retailers.

The company’s residential joinery includes staircases, fitted furniture, kitchens, conservatories, windows as well as renovation work to both Grade 1 and Grade 2 listed buildings.

Wooden floors as well as decking is produced, all backed up by a fitting service if required.

The biggest part of their customer base is local and as an overview is generally 50/50 building trade to private customers.

The workshop area is approx 3306 sq ft with an additional 559 sq ft. The site is almost three times this total at approximate 11,500 sq ft.

There are also 2 vans which are included in the sale. One is a Ford Transit 03 plate and the other is a 54 plate Fiat Scudo.

The business is staffed by three full time joiners and the owner.

The business has shown good steady figures over the last three years with excellent gross and net profits.

We are advised that stock at cost is approximately £5,000.
REF: 9444NG
General Information
Trading hours:Mon-Fri: 8.30am – 5.00pm
Property:Leasehold
Lease terms:TENURE: Leasehold Original lease: 10 years Remaining lease: 5 years Review every: 3 years Rent: £13,500 We are advised that the annual business rates are currently: £5,000
Location:Our client’s joinery business is conveniently located on an industrial estate in an ancient market town in Lincolnshire.

The town has major rail links to the capital and is close to the A1 trunk road.
Premises Details:The business is housed in a purpose built modern single storey structure and briefly consists of:

Ground Floor
• Main doorway
• Office
• Canteen
• w/c
• loading bay and shuttered doorway at the rear
• main working area behind the office, approx 3306 sq ft in size containing woodworking machinery, extraction system, work benches, racking for raw materials
• mezzanine at one side housing a storage area and 3 work benches for small part joinery
External
• Paved roadway to both the front and rear with car parking and delivery areas – this leads onto the rest of the industrial estate
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