
Advert Ref: H746
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Asking price: £180,000
Sales revenue: £600,000
Business description: This is a well established business close to the M25 with good access links. The company produces fireplaces and relating products which are retailed mainly but with some sold to other members of the trade. In addition the business will retail stoves and deal with the installation of fires and fireplaces. As well as the fireplace trade there is the manufacture of granite worktops and bathroom vanity units. Although certain aspects of the business may have seen a reduction in trade, the overall sales remain reasonably constant as other sectors show increases. For example the trade in stoves is showing a three fold increase year on year. The company possesses 3 web sites which are constantly being developed to maintain their position on page one on the main search engines such as Google, Lycos and Yahoo. The business is run by an experienced team allowing the owner to play a less active role in the company. Although the vendor is wishing to retire he is happy to work on for some months at an appropriate salary to ease the transition. There is also a large retail development planned for this location which should be open in the summer of 2009 which should generate a great opportunity to generate more sales. To exploit such a circumstance the opening hours can easily be expanded. This represents a fantastic chance with huge potential.
Employees: Owner Part Time. 5 Full Time. 2 part Time. Contract staff as required.
Trading hours: Monday - Friday 9am - 5pm Saturday 9am - 4.30 pm. Sunday Closed.
Property : Leasehold
Lease terms: New lease available. Rent £24,000 per annum.
Location: Near Northern section of M25
Reasons for selling: Retirement sale