| (REF: M3046) Profitable Old Established Fireplace Business |
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| Seller Reference: |
M3046 |
| B4S Reference: |
20635 |
| Asking Price: |
£40,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£300,040 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Dorset, South West England, United Kingdom |
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Nationwide are pleased to offer to the market : Front staircase to first floor showroom approx. 1,000 sq. ft. carpeted, fluorescent lighting. Counter.
2 Stockrooms
Small Kitchen
2 Staff cloakrooms each with w.c. and wash hand basin
WE ARE INFORMED the turnover averages in the region of £300,000 p.a. in our opinion offering further potential to increase in the right hands. Gross profit 30% approx.
We understand the premises are held on a secure renewable lease, the present lease expiring in October, 2016 at a rental of £15,000 p.a. exclusive of rates for the next 1 year, with rent to be agreed thereafter.
Uniform Business Rates: £5,000 p.a. approx.
THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 5 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION (£15,000 approx) SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Location: |
Situated in a parade, busy road, densely populated residential area, DORSET |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday - Saturday inclusive - 9 a.m. - 5 p.m. NO SUNDAY TRADING |
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The business is at present operated by the vendor on a part time basis with the assistance of 2 full time staff. In addition the vendor employs sub contractors for the installation of gas and solid fuel fires. |
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