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Advert Details

Fires Fireplaces & Cooker Business North Of England For Sale

(Ref: H798)

United Kingdom

Financials

Asking price: £1,200,000

Sales revenue: £900,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

 

Business description
The business is well located in a busy trading area near the centre of town and has easy access from surrounding routes and motorway.

The company supplies and fits domestic gas and electrical appliances, central heating and fireplaces. It also supplies products only to trade and retail customers. Annual or request service and repair is also undertaken while spares etc are sold over the counter.

The company has been trading for over 40 years and has an excellent reputation over a wide area.

Although a slight drop in turnover has been experienced in the last year or so this is felt to be attributable to the economic climate throughout the country and it is anticipated that sales will recover with the economy.

There is tremendous scope within the company, Firstly the business can open longer hours and especially Sunday. Secondly in marketing as the company does only small amounts of advertising and makes little use of the internet. Thirdly the premises have spare capacity to introduce extra lines or to generate further income by letting off spare space.

This is an attractive business in a growth area and although it is well run there is still huge potential.

FURTHER BUSINESS INFORMATION


• EXCELLENT LOCATION WITH GOOD LOGISTICAL LINKS

• HIGH QUALITY OPERATING PREMISES

• A RANGE OF GOOD QUALITY CONTRACTS

• PRESTIGIOUS CLIENT LIST

• OUTSTANDING ACCOUNTS FIGURES

• PLENTY OF FUTURE POTENTIAL

• ONLY FOR SALE DUE TO RETIREMENT

Years established: Over 40 Years

Employees: 1 Full time vendor, 1 Part time vendor, 9 Full time, 2 Part time, Sub contractors as required

Trading hours: Monday - Friday 8.00 am – 5.00 pm Saturday 9.00 am – 4.00 pm Sunday Closed

Property: Freehold


Location
The business is well located in a busy trading area near the centre of town and has easy access from surrounding routes and motorway.

Reasons for selling
Retirement


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