OFFERS INVITED – EAST MIDLANDS UPHOLSTERY MANUFACTURER

May 13th 2019

COMPANY – Details will be released after receipt of signed Non-disclosure agreement.

LOCATION – East Midlands.

HISTORY – Long established well known brand name within the upholstery manufacturing business.

TURNOVER – £1.27m.

NET PROFIT – £92k.

REASON FOR SALE – Retirement of current shareholders.


 

HIGH CLASS UPHOLSTERY MANUFACTURER

• The company is a well-recognised and known manufacture of high class upholstery, trading from leasehold premises in the East Midlands.
• The company is well run, profitable and enjoys excellent trading relationships with its customers.
• It currently employs 23 full time staff, many of whom are highly skilled craftsmen.
• The company sells primarily to a wide portfolio of up market furniture retailers throughout the UK. It has established long term relationships and approved supplier status with premium retail stockists.
• The quality of manufacture is such that there are no customer complaints or returns.
• The company owns several well known brand names and is the holder of the Manufacturing Guild Mark for excellence.
• The company owns, free of finance, all of its manufacturing plant and equipment and other assets.
• The company operates an efficient business model, drawing on the many years’ experience of its management team. There is tremendous scope for scaling up both sales and profitability.
• Turnkey design to delivery service, with the ability to offer bespoke items

ASKING PRICE – Offers over £650,000.

SALE TYPE – The vendor seeks 100% transfer of ownership through a share sale.

SELLER’S AGENT – Corporate Financial Solutions LLP

CONTACT – Andrew Cordon

NUMBER – 0115 838 7330

EMAIL – andrew@cfs-llp.com

FURTHER INFORMATION

Further details will be provided following receipt of a signed Non-disclosure agreement. In the event

that either yourselves or your clients require further details, then please contact Andrew Cordon –

 details are shown above. The following will then be made available:

  • Latest accounts
  • Sales analysis
  • Employee details
  • Asset register
  • Sales literature and product information
  • Lease details