Business Summary:
Independent Timber Merchants including Manufacturing Shop with all Machinery
Ref.EL010
Location North East
Asking Price £ 525,000
Established in 2003 by the owner, the business is divided into two sections, the timber merchants and the manufacturing workshop.
The merchants supply hardwood, softwoods, plywoods etc to construction company’s, fencing contractors, joinery shops, other timber merchants, DIY retailers and large multiples in the local area at competitive prices.
The manufacturing shop is a subsiduary of the timber merchants providing them with skirting boards, door frames which are primed and laquered which are made to order and then sold on by the timber merchants to their customers.
The business has gained an excellent reputation for its flexibility and competitive prices which have helped in gaining customer loyalty, repeat orders and new business from referalls.
The foundation blocks are all in place for new owners to take the business forward and with a small amount of investment the company can immediately improve its profit margins by simply improving its buying power.
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| Facilities / Terms of Lease:
There are two premises within the company. The timber merchants is housed within a modern 30,000 square foot warehouse with racking. There are offices with a trade counter and reception. Outside there is ample parking for customers. Part of the warehouse(2,000 square feet) is sub let to a timber treatment company which brings in monthly revenue. The lease expires in 2011 with an option to extend. Rent is £84,000 per annum with rates of £12,000 per annum.
The manufacturing shop is in a circa 15,000 square foot warehouse on one level with the lease running until 2011. Rent is £60,000 per annum with rates of £…. |
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