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Turner Butler Business Broker

1/1Turner Butler Business Broker




Established in 2005 this is a professional company importing granite and stone and selling primarily to kitchen companies. This business has a thorough understanding of the needs of the domestic market as well as the construction and design industries. They are committed to being at the leading edge of work surface concepts, supplying and installing for domestic, commercial and industrial sectors.

There is no middleman costs involved as the business imports and supplies the worktops direct, making them very competitive price wise but without compromising the quality of their excellent workmanship. They use high quality granite and engineered stone and have fully mechanized plant for fabrication, using only the most modern fabrication techniques and equipment, to ensure that counter tops are machined to perfection.

The business aims to provide a total solution to the product, design and budget requirements for work surfaces or countertops while maintaining a brand synonymous with quality, innovation, and complete customer care. As such they import granite, marble, sandstone, slate stone and lime stone, providing half or full containers of granite, marble and other natural stone, in the form of slabs and tiles and marketing to retailers and fabricators.

The business fabricate units and will also build to templates and will either supply or install at the customer’s site. Although they will sell direct to the end, they are primarily set up to work with the building industry, as a supplier and installer of choice. As such they are an ideal bolt on to an existing company or could appeal to a new owner operator.

Customer Service:

High quality service, with flexibility, honesty, reliability and good value, every order request is important and customers always come first. The result is self evident in the business’s sustained level of repeat business.

Key Strengths:

The company has earned an excellent reputation for its professionalism, service, reliability, flexibility, efficient order fulfilment and a willingness to help and combined with their range and reliable delivery offers an ideal platform on which to build.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

We are advised by the vendor that current turnover is circa £200,000 per annum and that assets circa £80,000 will be included in the sale price.



Property:
Leasehold
Lease terms:
It is a renewable 5 year lease with a yearly rental of £12,000 including rates.
Location:
The premises comprise of an office, fully equipped workshop, storage, showroom and parking located in a light industrial park close to the motorway and main roads. It is a renewable 5 year lease with a yearly rental of £12,000 including rates.

Expansion potential:
The current market for this business is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.
Competition / Market:
Much of the business's revenue is a result of word of mouth recommendation, bearing strong testimony to the excellent reputation enjoyed by the business since its inception. As there is currently no advertising the owner is aware that a more active sales and marketing campaign, including the re-designing of the website, would certainly improve sales and profitability and will increase its market exposure and revenues.
Reasons for selling:
With two other businesses in non related fields the owner feels they do not have enough time to devote to this business in order to maximise its potential and feel that in the interest of the business they should relinquish control to a more committed owner.
Trading hours:
Monday – Saturday 9.00 – 5.00
Employees:
The owner works full time in the business and is ably assisted by two full time staff, with some part time staff available as required.
Years established:
2005
Support & training:
The current owner will provide all necessary training and handover to ensure a smooth transfer of the business to new owners.


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