Workshop for saleWatling Street, B78
- Business for sale
- Use class orders: B2 General Industrial
- Relocatable business
- Makes poultry, livestock and pet housing from timber
- Ideal bolt on to current timber manufacturing company
- Niche product
- Well established
- Great reputation
Well Established Wholesale & Retail Business Specialising in the Manufacturing of Timber Flat pack Poultry, Livestock & Pet Housing
This highly reputable Business is currently operated from a 4,000 sq ft rented lock up premises which is located on the main A5 in Tamworth, Staffordshire. It benefits from having easy access to all major motorway networks. The current site has been ear marked for development so it would be the ideal time for any new purchaser to relocate the business to their desired location. The business offers national coverage and can operate from any within the UK.
Asking price: £99,950
Turnover: £150,000 per annum
Stock value: £12,000 to include work in progress
Veritas Business sales are delighted to offer for sale this outstanding and well established manufacturing business producing poultry, livestock and pet housing and supplies to both wholesale (85%) and retail (15%) customers. The product range currently boasts 55 different models. The business has been established for over 24 years when it was originally set up by its current owner, who is still hands on to this very day. It operates with 2 full time members of staff and enjoys a strong reputation within the trade and as such benefits from high levels of regular repeat business. Among their customers have been a number of Celebrities and notable people.
The business has an annual turnover of around £150,000 and growing with a Gross Profit margin of (45%). Around (90%) of that income comes from the manufacturing of poultry housing. Chicken keeping being an ever popular hobby that is growing year on year. The majority of production is sold through a network of some 25 Agents in the UK, Channel Islands and Isle of Man. This network has potential for expansion as there are still many areas requiring representation. The Business also supplies the chicken pens to a lottery funded scheme that introduces poultry keeping to Care Homes and other institutions. Included within the sale is an e commerce website and online retail sales are not fully exploited and could be vastly improved. Virtually all orders are paid for on or before delivery which makes the business financially very manageable. We class this business as being totally relocatable and is not dependant on being in it's current location. Reluctantly the business is being offered for sale due to the fact our client wishes to have a well deserved retirement. We consider this an ideal opportunity for a company already within the wood working industry probably with its own production facilities and seeking expansion or diversification to purchase an established business, which is a great base to build upon. Production tools and machinery are available as required and subject to negotiation. Early viewing is highly recommended as this superb business is not to be missed.
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