BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Commercial property:
Business opportunity:
Asking price:
£150,000
Turnover / revenue:
£640,000
Net profit / cashflow:
£66,600
Years established:
2005
Number of employees:
10
Employees / staffing:
An experienced team is employed who can fully advise customers. There are 3 Directors 1 full time sales person, 1 full time apprentice, 2 full time installation (1 employed and 1 self employed), 1 part time sales person, 1 part time Service Administrator based at the Service Office and 1 retired casual worker (1,2 or 3 days per week) at the warehouse.
OTHER DETAILS
Reason for selling:
The company has grown organically and now finds itself at a crossroads; the current owner changed profession and decided it is an excellent time to pass the business on in order that it can be taken to the next natural level.
Support and training:
The directors are willing to stay on in order to facilitate a smooth handover and would be available to stay if required by separate negotiation.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
BUSINESS DESCRIPTION
This business retails and installs a wide range of multi fuel stoves and a large selection of fires and fireplaces. The fireplaces are on display in the company showroom and feature surrounds in Cotswold Stone, Timber, Limestone, Granite and Slate.
Founded in 2005, the business has enjoyed sustained growth, attributed in part to being located in one of South Englands busiest garden centres, which attracts three million visitors per annum. The company use only Gas Safe or HETAS registered engineers and operate a maintenance agreement for its customers of which there are currently circa 3,500 on its database.
Expansion Potential
The company has recently expanded into an online sales only presence and is proving very successful and should substantially enhance the turnover and related profits.