A WHOLESALE MANUFACTURER AND SUPPLIER OF HIGH-QUALITY FURNISHINGS – BASED IN NORTH WEST ENGLAND
A WHOLESALE MANUFACTURER AND SUPPLIER OF HIGH-QUALITY FURNISHINGS – BASED IN NORTH WEST ENGLAND
Overview
Description
Management turnover of £2.5m in YE23. Turnover of £3.5m, with an EBITDA of £954k. Gross profit margin of 36% and an EBITDA margin of 27%. Strong forward order book, which is currently expected to generate a net profit in excess of £800k in YE23.Experienced a significant uplift during the pandemic, with post-Covid trading demonstrating growth compared to pre-pandemic levels.,Supplies high-quality furniture, including sofas, occasional chairs, dining
furniture, footstools and coffee tables. Products are bespoke and manufactured to exceptional standards, using
fabrics such as Moon Wool and Harris Tweed alongside aniline leather. Caters to the retail and contract furnishing sector, with its products being suitable for both domestic and commercial hospitality settings. Currently supplies 68 active clients, approximately 97% of whom provide reliable, repeat business on an ongoing basis, with some relationships spanning over 13 years.
Second-tier management team in place. Operates from leasehold premises. In a strong position to explore opportunities for growth, which could include the expansion of its client base, recruitment of additional Sales Agents and development of its product range.
The shareholder is offering the company for sale as they wish to pursue alternative, unrelated interests. Offers invited.
Is this business relocatable:
Is this business home based:
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