Wholesale And Retail Monument & Memorials Business For Sale

Business description

Wholesale and Retail of Monument & Memorials - Design and Supply - Granite and Marble

This business specialises in wholesale and retail, design, renovation and inscription of memorials and headstones. Using all natural stones the business provides quality crafted memorials with an excellent personal service. The business has superb communications with suppliers and customers and offers an all in one service. Stone is imported from the Far East, with no dependancy on any supplier, most of the major granites and marble used worldwide are sourced to accommodate everyone's individual taste.

All types of memorials are supplied including granite memorials, marble memorials, mausoleums, memorial statues, memorials, slate memorials and stone memorials.

The extensive range of headstones on offer vary in price to suit all budgets and are displayed in the excellent showroom facility, enabling clients to view the products at first hand. There is a memorial design service, stone engraving for the natural stone granite and marble plus there are additional services that include headstone cleaning, headstones, memorial cleaning, memorial recarving, memorial renovation, memorial repairs and memorial restoration.

The staff are both friendly and experienced to ensure that clients needs are met in terms of price and service and the business are one of the very few monumental masons in Northern Ireland who still possess traditional skills, being able to work stone entirely by hand if need be.

With little competition the growth opportunities for this business are virtually limitless for a new owner. Additional advertising that will ultimately increase trade, which already shows consistent growth.

Customer Service:

Customer care is a number one priority, the business ensures customers receive a personal and courteous service at this difficult time. The professional staff are very knowledgeable, talented and are proud of the distinctive memorials they produce. Using professional & skilled workmanship, the highly experienced and creative professionals design and create the most suitable and distinctive memorial to honour the memory of a loved one. Monuments can be created to suit all tastes using various types of granite and stone and can be inscribed with personal lettering & custom designs. The talented craftsmen take pride in their finished work, ensuring that it is of the highest quality.

Key Strengths:

This family run memorial masonry business specialises in all aspects of design and cutting of quality natural stone, with all work undertaken by skilled professionals.

This is a rare opportunity to acquire a successful business that has established a good reputation in a short period of time and become widely recognised for the quality of work it provides from initial office enquiry to the workshop, the business is professional, confidential and can supply any customer requirement.

The business has excellent potential and with its increasing profits and is a good platform for a new owner to build upon. Having in depth knowledge of its market, (having acquaintances in the funeral business), it has been successful since inception being well positioned, cost competitive and offering a wide range of related services with good earning opportunities

The quality of the work cannot be overstated and is further supported by the professional yet flexible service provided. The business is very aware of the importance of establishing a close working relationship with its customers and has a reputation for offering a worry free quality service, which ensures the business continues to grow.

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.

Turnover is circa £70,000 and increasing all the time, with Gross Profit circa £40,000 and Net Profit of circa £25-£30,000. Stock is circa £100,000.

Property information

Property:

Freehold

Location:

Northern Ireland. The substantial building is freehold and divided into separate apartments. The premises have been fully refurbished and include a well presented and bright showroom of circa 350 sq ft with excellent displays of the products on offer.

The premises comprise of five apartments which are rented out for circa £100,00 per week, a total fo £25,000 per annum plus a bakery, which is leased at £9,600 per annum.

This premises could be purchased as an investment property for £600,000 or as a business opportunity for £115,000. The rental of the showroom premises would be circa £6,000 on a negotiable lease.

Business Operation

Expansion potential:

The market outlook for this business is ‘constant’. With little competition the opportunity is immense. There are many excellent avenues for growth, opening additional branches would gain more customers and the business already has the capability and structure in place to support this. Trade could also be increasd by extending the trading hours of the business, with such a good market outlook the vendor anticipates that the business turnover couod be doubled.

Competition / Market:

The business has undertaken limited advertising and investment in this area will undoubtedly improve turnover. A high proportion of the business’s revenue has been due to its professional website and its reputation for quality and service that has always ensured a constant stream of business via referrals through word of mouth recommendations.

Reasons for selling:

To concentrate on other activities.

Trading hours:

Monday – Saturday: 0900am – 1700pm
Sunday: Closed

Employees:

Owner and full time sales staff 1 sub-contractor for fitting

Other information

Support & training:

The owner is happy to assist with a handover and training period to ensure a smooth transition of ownership.