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Handmade Furniture Workshop With Freehold Unit In Harrogate

Harrogate, North Yorkshire, Yorkshire & the HumberIdentity protected

Available

Handmade furniture workshop with freehold unit in Harrogate

About this business

A small Harrogate workshop making handmade oak and walnut furniture, mostly dining tables, sideboards and beds sold direct to customers. Since 2014 it has worked out of its own industrial-estate unit, held freehold and included in the sale. Four people make and finish the pieces. Turnover has stayed close to £310k throughout, yet adjusted EBITDA has grown from £38k to £52k, so each sale now earns more than before. A buyer gets the building, the machinery and an order book built on word of mouth.

Key investment highlights

  • Freehold unit included
  • Adjusted EBITDA up from £38k to £52k
  • Made-to-order hardwood furniture
  • Team of four

Reason for sale

The maker who founded it is retiring and the team is not in a position to buy.

Nothing flagged on the two questions buyers ask first

No flag

Revenue 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 (+2.6%)
    • 2023 (-0.9%)
    • 2024 (-1.0%)
    • 2025 (+1.0%)
    • 2026 (-1.3%)
    • Peak 2022 to latest 2026: -2.2%

    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.

EBITDA margin widened from 12.3% in 2021 to 16.8% in 2026.

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.