Asking price: £92,500

Sales revenue: £130,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Retail, Supply and Installation of Quality Fireplaces and Cast Iron Stoves

This business is well established and has been expertly managed and cleanly run since 1997. This business retails and installs a full range of contemporary and modern fireplaces specialising in Marble, Granite and Slate and ever popular cast iron stoves in many different styles to suit today's interiors.

The business is well positioned for trading purposes and is heavily into the retail and installation of quality functional fireplaces and stoves and has built in an enviable reputation for friendly, experienced help and advice with its ever expanding customer base.

The high quality and considerable portfolio of products have become a firm favourite with the area’s discerning clientele. The inviting showroom and windows have attractive settings on display providing the customer with the fullest possible scope for choice options that include not only the complete fireplaces but also the considerable range of accessories.

The business is further supported by excellent supplier relationships that help to ensure that client service and product quality is never compromised and that customers receive the highest possible quality of service, leading to the existing levels of return custom.

The business is an excellent opportunity for any investor seeking an opportunity to invest in a business that has a proven success record and would suit particularly an enthusiastic owner manager.

Customer Service:

This business provides customers with the right products at the right prices, with the emphasis on service, value, quality and reliability. With personal attention to detail the friendly staff provide solutions, advice and services to customers with excellent after sales service.

Key Strengths:

The business is well established with a good reputation for its excellent range of stock and product name. Long established and highly knowledgeable the business employs a reliable team of freelance fitters who pay attention to detail with a friendly yet professional approach. The business runs with low overheads and offers potential for growth , the result of this combination of strengths is a clear competitive advantage.

Key Opportunities:

This is an outstanding opportunity to build on the existing strong client bank of the business. The market outlook is good and with a strong demand for this business’s products, combined with a capacity to increase turnover, a new owner contributing fresh ideas will have every advantage of building on an excellent platform. There are many excellent avenues for growth, having concentrated on the retail customer to date there is the possibility of sourcing developers in the new build and show homes market, plus the opportunity of additional advertising and as yet unexploited Internet opportunities.

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.

Years established: 1997

Employees: The owner concentrates on sale and buying assisted by one part time administrator and a team of reliable self employed fitters

Trading hours: Monday – Friday: 9am – 5.30pm Late opening Thursday Saturday: 9am – 2pm

Property: Leasehold

Location
The business is operated from ground floor leasehold premises of circa 1300 square feet. The building has shuttered windows and comprises a showroom with excellent displays, a useful store, kitchen and toilets, which is located in and easily accessible area with adjacent parking.

Competition / Market
The business has used limited advertising in the past and there are excellent opportunities to increase this with investment in marketing. The vendor believes a new owner with energy and enthusiasm could increase revenue by possibly up to 50%. Most of the business's turnover is generated through the current existing satisfied client base and word of mouth recommendation. The only advertising undertaken by the business has been in Yellow Pages and Yell. COM. The vendor believes that investment in a company website would be a valuable asset.

Support & training
Support and training can be provided for the new owner to ensure continuity of trading.

Reasons for selling
The vendor has reached a point where he wishes to take life a little easier.