Residents in a Lancashire village say they are concerned about its future after a 160-year-old furniture-making firm went out of business.
HJ Berry in Chipping went into administration in February.
Administrators CLB Coopers are trying to find £1m to repay creditors. HJ Berry's buildings and 30 acres of land have been put up for sale.
CLB Coopers said the assets should be sold soon but said they could not comment on the buyer's intentions.
Paul Hunt, chair of Chipping Parish Council, said: "We really wouldn't want a huge development, someone who would come in and swamp the area.
"A small development would be very good.
"It would help to keep the shops and the pubs going. That would be ideal."
Other residents said they wanted a firm which would put the village interest at heart and employ local people.
HJ Berry specialised in using native, mainly locally grown timber for its chairs and won awards for its environmentally-friendly approach.
It employed 85 people, many of whom lived in Chipping.