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Hertfordshire Stoves & Range Cookers Business For Sale

(Ref: H789)

Hertfordshire, United Kingdom

Financials

Asking price: £250,000

Sales revenue: £500,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

 

Business description
This business has been established for some 12 years. During that time the turnover has increased consistently. Even though there is financial uncertainty in many sectors the turnover has continued its growth.
The trading position is first class in a busy location with excellent parking and extremely close to main arterial routes and motorways.
The trade has grown mainly through word of mouth recommendation and is now gleaned from a 50-75 mile radius. Advertising and PR costs are very low.
The premises are outwardly inviting and are very well fitted out. There is also ample storage and office space.
There is still potential in the business. Perhaps more trade could be achieved with Sunday opening, but it is essentially an ongoing profitable business that has taken the economic downturn in its stride.

FURTHER BUSINESS INFORMATION

• VERY GOOD LOCATION

• CONVENIENT TRADING POSITION

• RETIREMENT SALE

• WELL ESTABLISHED CONCERN

• FIRST CLASS REPUTATION

• GOOD CONSISTANT GROWTH

• STILL PLENTY OF POTENTIAL

Years established: 12 Years

Employees: 1 Vendor full time, 1 Vendor part time, 4 Full time employees

Trading hours: Monday - Friday 09.00 am - 5.00 pm Saturday 09.00 am – 3.00 pm Sunday Closed

Property: Leasehold


Lease terms
8 year lease is drawing to conclusion. However the landlord is keen to renew at a similar rental figure. £3,750 per quarter

Location
The trading position is first class in a busy location with excellent parking and extremely close to main arterial routes and motorways.

Reasons for selling
Retirement


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