Manufacturing businesses for sale in Chard

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NICHE MANUFACTURING & WHOLESALE DISTRIBUTION

Chard, Somerset, England

  • Leasehold Price: £310,000  Price Reduced arrow_drop_down
  • Annual Turnover: £452,852
Seller Reference: MF33990N
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Business Description
 
 
 
 
 
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Seller Reference: MF33990N
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Business Description
Specialist MANUFACTURING & WHOLESALE DISTRIBUTION, operating in the lucrative mobility and healthcare sector, offering a range specific accessories, based on the DEVON/SOMERSET border albeit not location dependent. Established and in same family hands last 35 years, manufacturing a range of quality niche products, valuable patterns held having been developed over many years, ensures significant ‘barriers to entry’ for those considering entering the market, limited competition with only 1 other competitor in the country, the business being the sole manufacturer for certain products, proves very lucrative. Supplying the trade and retailers on a wholesale basis, both in the UK and in Europe, some 850 active customers on the books, new enquiries/customers being obtained following closure of a competitor. A very well organised efficiently run business, modern 3,500 square foot production premises, and also offering storage and office facilities. Sales 2018 £452,852 ex Vat, Gross Profit after Wages £146,141, substantial adjusted Net Profit, scope for retail/online sales to the public through advertising and website. Leasehold £310,000 +/- Net Current Assets Ref: MF/WD33990N

Tenure:
Leasehold
Is this business relocatable:
Yes
Listed by:
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