Fitted Bedrooms and Home Studies
Background
A well established manufacturer of custom made fitted bedroom furniture, wardrobes anf home offices and studies. Furniture is manufactured to order with some activities being subcontracted. Typical order book stands at 3 months and cash flow is excellent with a 50% deposit on order and the remainder on installation.
A new lease of the showroom and manufacturing premises will be available at a rent of £22k-24k p.a.
Turnover for 2009 was £1.6m, gross profit of £450k and EBITDA of £165k.
Opportunity
To acquire the entire issued share capital of the company.
Ref:FA10121

Background: A well established manufacturer of custom made fitted bedroom furniture, wardrobes anf home offices and studies. Furniture is manufactured to order with some activities being subcontracted. Typical order book stands at 3 months and cash flow is excellent with a 50% deposit on order and the remainder on installation.

A new lease of the showroom and manufacturing premises will be available at a rent of £22k-24k p.a. Turnover for 2009 was £1.6m, gross profit of £450k and EBITDA of £165k.

Opportunity: To acquire the entire issued share capital of the company.

Ref: FA10121