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Advert Details

Fires & Fireplaces Business For Sale

(Ref: H766)

London, United Kingdom

Financials

Asking price: £90,000

Sales revenue: £186,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: £16,000

 

Business description
The business deals with retail sales of gas and electric fires, fireplaces and cookers. It is located on a busy road, adjacent to the High Street, in the very heart of a South London town.

Having traded in this area for over 60 years the business is well known and benefits from a high repeat trade.

There is great potential especially to undertake the fitting work, some £40,000/£50,000 worth of which is sub-contracted out each year.

In addition there is scope for more opening hours – the business currently operates five days per week with no late night openings.

Years established: 60 Years

Employees: Vendor only - All fitting work is sub contracted

Trading hours: Monday, Tuesday, Thursday, Friday, Saturday: 09.00 am – 5.00 pm Wednesday & Sunday: Closed

Property: Leasehold


Lease terms
New lease available. Term to be agreed

Location
It is located on a busy road, adjacent to the High Street, in the very heart of a South London town.

Reasons for selling
Retirement


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