Retail And Installation Of Log Burners Fire Places For Sale

Business description

Retail and Installation of Log Burners, Fire places and Surrounds

This trading partnership was established in 2003 and has subsequently carved itself a great reputation for quality products, value for money and excellent service. The business has carefully selected a range of brands that have proved extremely popular with customers. These include Charnwood, Aarow. Woodwarm. FDC, Magiglo, Stovax, Gazco, Wyvern, Paragon and Kilkenny.

It retails and installs a vast range of solid fuel wood burners in addition to gas, electric and solid fuel fires and stoves. The business also sells associated items such as wood, marble and stone Fireplaces as well as many other accessories.

There is a strong growth market for solid-fuel wood burners as more and more people become aware of the green issues and return to the more traditional methods of heating the family home.

This approach has paid dividends with many customers becoming second or third time buyers as they move house or make further changes to their existing properties. The company attracts clients from a wide geographical radius with some people traveling up to fifty miles to make their purchases.

This business is Corgi registered ( which is now actually the Gas safe register as Corgi is no longer the governing body) they are also Hetas approved which is the governing body for solid fuel appliances and installations.

Customer Service:

Well established with an excellent reputation
Good range of products
Well-appointed showroom with adjacent warehousing
Financially sound
Knowledgeable staff
In house installation service

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. The company enjoys a turnover in the region of £215,000, which is increasing year on year. This reflects a net profit of circa £31,000 before partner’s drawings.

Property information

Property:

Leasehold

Lease terms:

The lease has five years to run and costs £12000 per annum.

Location:

The business operates from two small industrial units. One is the showroom and offices and the other is a stock holding area that is shared with an adjacent business. The premises are fully alarmed and have ample parking and delivery space. The lease has five years to run and costs £12000 per annum.

Other information

Expansion potential:

The business has grown year on year. Adopting a targeted marketing policy and increasing the amount and variety of stock could sustain this.

Competition / Market:

The partnership has invested in a quality web site and advertises in the Yellow Pages, local newspapers and on Yell.com. Much of the new business comes from recommendations from satisfied customers. All advertising that the business uses is through the strong word of mouth recommendation it receives, bearing testimony to the excellent reputation it has received throughout the industry.

Support & training:

There will be a full and professional handover for a period to be agreed as part of the overall sales process. It is important to note that the present owner will be willing to stay with the business for a period of about one year to assist the new owners.

Reasons for selling:

Having started the business from a blank piece of paper and built it to be the success it is today the partners would like to take on other challenges in a different market sector.