Under Offer
Well established Joinery business for sale
Braintree, Essex
- Asking Price: £119,995 +SAV
-
Turnover:
We are advised as per the 2021 accounts, the business generateed a turnover in the region of £180,000. Full financials can be made available upon further request.
Please quote reference B06690
- Tenure: Leasehold
Please quote reference B06690
Hilton Smythe welcomes to the market this very well-established Joinery company, T F Joinery which was founded in 2000. Our client now looks to sell the business, due to retirement.
The business deals with all aspects of joinery primarily purpose-built windows, doors along with barn conversions.
They have years of experience in design and implementation making purpose made joinery, offering a wide variety of products from home furniture to commercial projects, which includes such items as, doors, reception counters, solid surfaces, veneering, French polishing, home furniture.
The business is run from a substantial leasehold building as seen in pictures.
The sale of the business includes an extensive range of the following equipment -
- Forklift truck
- Heavy duty rip bench
- Tenoning machine
- Panel saw
- Band saw (narrow)
- Cross cut
- Planner/thicknesser
- 4 sided planer
- 4 x Spindle moulder
- Morticer
- Extraction system
- Excellent area
- Scope to increase turnover
- Low rent and secure new lease to be made
- Low Rates
- Well established with a great reputation
This is a fantastic opportunity to acquire such a highly rated business. Viewings are by appointment only, to be arranged via Hilton Smythe.
We are advised that the business has 2 full-time members of staff.
The business hours are -
Monday – 7:30am – 4:00pm
Tuesday – 7:30am – 4:00pm
Wednesday – 7:30am – 4:00pm
Thursday – 7:30am – 4:00pm
Friday – 7:30am – 4:00pm
Saturday - Closed
Sunday - Closed
The business is set on a bustling industrial estate within Wethersfield.
Wethersfield is a village and a civil parish on the B1053 road in the Braintree district of Essex.
There are ample businesses in this area, and excellent road connections. The property benefits from ample onsite parking.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.
The premise is set within a very substantial industrial building, situated on a large plot.
The building is split into several areas to include, reception, offices, a very large main workshop with various storage/work rooms, toilets, kitchen, staff room.
The workshop has oil heating. There is CCTV fitted and parking for many vehicles.
The building is secured with an alarm and shutters.
Tenure
We are advised that the business is being sold on a Leasehold basis, with a new lease to be offered for the new buyer. The rent is £850 per month and has rates payable of £100 per month.
The landlord will only allow a verbal lease with any buyers. Our client has been in the unit for 20 years.
Enlarge Map
Looking to sell a similar business?
Find out moreNeed help with finance to purchase this business?
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.
Finance Calculator
Powered by Hilton Smythe
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.
