For Sale
Joinery Business In Hallatrow Somerset For Sale
Hallatrow, Somerset
- Asking Price: £149,995 +SAV
-
Turnover:
We are advised as per the 2021 accounts, the business generated a turnover in the region of £580,000, with an adjusted net profit in the region of £67,000. Further financials can be made available upon request.
Please quote reference B07048
- Tenure: Leasehold
Please quote reference B07048
Hilton Smythe is delighted to present to the market one of Somersets most well established and highly regarded independently owned joinery businesses.
DB Joinery was established in 1982 and then later purchased by our clients 10 years ago who are now looking to sell the business to retire.
The business are experts from completing a range of joinery services from the initial design, final fitting and unrivalled customer service throughout the process.
The breadth of work carried out includes –
- Staircases
- Doors/Gates
- Windows
- Bespoke designs
We are advised the current workload is evenly split between commercial work to the domestic single home improvement projects.
Due to the level of demand, majority of the work is either repeat or referrals from the many satisfied customers.
The benefits of working with this highly skilled team include –
- Many years of experience
- Family run business model
- All work undertaken
- Free quotations
- The complete service
Actual assets to be included in the sale valued in the region of £50,000 - £75,000. A full breakdown on all included can be made available upon further request.
Key selling points –
- High demand for their services
- Highly skilled team in place
- Full business handover to be offered
- Excellent customer testimonials
- No advertising carried out
- Lots of growth potential – including increasing the bespoke window work & work with more local prestige housebuilders
- Fully equipped spacious unit
- Running cost savings
- New 10-year lease to be offered
- SELLER IS OPEN TO SENSIBLE OFFERS!
The business has 5 full-time and 2 part-time members of staff.
The business hours are -
Monday – 8:00am to 4:30pm
Tuesday – 8:00am to 4:30pm
Wednesday – 8:00am to 4:30pm
Thursday – 8:00am to 4:30pm
Friday – 8:00am to 4:30pm
Saturday - Closed
Sunday - Closed
DB Joinery (Hallatrow) Ltd is run from a fully equipped unit located in Hallatrow, Bristol.
The very well-established business opportunity currently caters for both residential and commercial clients based in Bath, Bristol and the West Country.
Bristol and the surrounding areas have been enjoying a significant increase in new residents as the number of new housing developments increase across the region.
Bristol has been voted as one of the best places to live in the UK with some of the top reason highlighted including –
- Its diversity
- Beautiful waterfront
- Low crime rates
- Vibrant atmosphere
- Great jobs (especially in the creative & IT sectors)
The trading unit is located on a secure business park which includes free customer/staff car parking.
Tenure
We are advised that the business is being sold on a Leasehold basis, with a new 10 year lease to be offered to a new buyer. The rent is £2,500 per month.
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Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
