Successful Joinery Business in East London

Bethnal Green, Greater London
REF: 04164

Asking Price:
£125,000
Annual Turnover:
£329,798
Annual Net Profit:
TBC
Featured
Reduced
REF: 04164
Photo of Successful Joinery Business in East London

Overview

Tenure:
Leasehold
Established:
1977
  • Professional services
  • Excellent location
  • Online website
  • Loyal customer base
  • Further growth potential

This is a fantastic opportunity to acquire a long running and well-established joinery business currently serving the London area.

Specialising in offering bespoke joinery solutions, it has amassed a stellar reputation since it began trading 18 years ago and has gained a loyal base of customers.

Having experienced stellar growth year on year, this business has kept overheads moderately low to generate high weekly takings.

Seeking retirement, the current vendor is looking to pass this profitable platform over to a worthy buyer.

This business specialises in offering professional, bespoke joinery solutions to its customers at competitive prices. It is capable of offering products such as: box sash windows, exterior/interior doors, shop fronts, fitted kitchens, staircases and many more.
Its team of qualified and experienced joiners and carpenters ensure a reliable, timely and friendly service and are responsible for helping the business amass its large and loyal customer base. It caters for domestic and commercial clients alike, carrying out work for large building companies and housing associations across the region.
It functions from a sizeable two-storey unit which features a large shop front with clear exterior signage. The premises is comprised of a counter to the front with a well-equipped workshop where all products are cut and manufactured. There is also an office space with a large storage area upstairs. The building is available on a rolling weekly basis.

This opportunity will appeal to an experienced individual with joinery skill but would also suit a first-time buyer, looking to obtain a successful business model with a secure client base.
There exist a number of growth opportunities which could be implemented to expand the business further.
Located in a densely-populated area, the owner could look to expand its workload to effectively cater for the entire region and even country.
Hiring more workers would enable it to manage a bigger workload and it could effectively cater for larger corporations and local councils, as well as for more residential customers.
Furthermore, increased advertising through social media and the implementation of an e-commerce website would increase exposure and boost trade significantly.

Features

Online Presence

Website: www.ballspondjoinery.co.uk

Location

  • Tower Hamlets, London
  • Positioned on a busy main road
  • Heavy local footfall
  • Minimal local competition.
  • Could be relocated

Property

Annual Rent
£36,000
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
This business does not require an EPC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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