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Deal Opportunities.co.uk

the UK marketplace for company sales

Bespoke furniture

Reference
S8250
Turnover
£2m to £5m
Sector(s)
Manufacturing, Miscellaneous, Service industries
Region(s)
North East England, North West England
Added
18 November 2021

Business description

The company specialises in the delivery of bespoke, fitted furniture, including kitchen, bedroom and office solutions.

The business generates further revenue by offering small building works, allowing the company to optimise profitability and offer a complete, turnkey solution.

Our clients are now offering the business for sale to facilitate its continued expansion under the impetus of a new owner.

Offers invited.

Highlights

  • Manufactures all furniture to suit the exact requirements of a broad customer base. 
  • Serves domestic homeowners, as well as property developers through commercial contracts. 
  • Operates from freehold and leasehold premises. 
  • Ideal bolt-on acquisition for similar organisations looking to secure a strong brand with an unparalleled reputation. 
  • Significant scope to develop a franchise business model, establish additional retail outlets across the region and realise further revenue streams.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Actual) 2,279 273
2021 (Actual) 2,837 532
2022 (Forecast) 5,430 1,053
2023 (Forecast) 8,860 1,770
  • Generated a 2021 consolidated turnover of £4.27m and an adjusted EBIT of £650k.
  • Expected growth in 2022, with a turnover of £5.4m and an adjusted EBIT of £1.1m.
  • Projected 289% increase in turnover between YE20 and YE23.

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