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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
