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Small Bespoke Joinery Workshop With Freehold Premises In Cardiff
Cardiff, Cardiff, WalesIdentity protected
Available
About this business
A small joinery workshop in Cardiff making kitchens, wardrobes, shelving and one-off pieces for local homeowners. Since 2017 it has occupied an owned industrial-estate unit, and four people do the making and fitting. Turnover has risen gently to £320k, but adjusted EBITDA is only £28k, a thin return. The asking price of £90k sits below net assets of £129k, which include the workshop and its machinery. A buyer with a trade background could run it hands-on and work on pricing.
Key investment highlights
- Asking price £90k, below net assets
- Freehold workshop on an industrial estate
- Fitted kitchens and wardrobes
- Team of four
Reason for sale
The owner is retiring and would like the workshop to stay in joinery.
Nothing flagged on the two questions buyers ask first
No flagRevenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.
- Revenue directionNo flag
Turnover is flat year on year.
- 2021: baseline
- 2022 (+0.7%)
- 2023 (+4.2%)
- 2024 (+3.7%)
- 2025 (+1.3%)
- 2026 (+1.9%)
6 years of turnover, 2021 to 2026, as supplied by the seller.
- Client concentrationNot stated
The seller has not declared what share of revenue the largest clients represent.
No declaration supplied. Client concentration cannot be derived from accounts.
These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.
Computing valuation...
What happens next
Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.