Chesterfield Stone Merchants For Sale - Chesterfield, United Kingdom

Business description: The business was established by our clients in late 2007, and has developed what we are advised is a strong reputation since this date. A stone merchants that offers stone products to builders, developers, contractors and housing associations across the region; the business also specialises in locally sourced stone which is insisted upon by the local authority in the development of new builds. In addition to freshly quarried stone the business also deals in reclaimed product, and has a large network of contacts from where this can be sourced and re-sold. The business has recently seen significant investment, with the addition of a new £50,000 saw which will be used in cutting paving slabs to serve a new 3 year local authority contract which will prove to be particularly lucrative in the coming years. This will result in the business having to expand to bring in a twilight shift, as the business already has a full order book well into 2009.

Employees: Our 2 clients, a husband and wife team are active in the business, one in a full time managerial role, the other in a part time administrative role. They are assisted by 2 full time and 1 part time production staff and a part time admin assistant.

Property : Leasehold

Location: We are advised that the premises are leased with rent payable of £1857 per month. Rates are payable of around £7,500 per year.

Reasons for selling: Our clients are now seeking investment or a sale, as this is what is necessary to grow the business with or without their ongoing input.