| (REF: M3416) Old Established Freehold Glazing Business |
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| Seller Reference: |
M3416 |
| B4S Reference: |
27598 |
| Asking Price: |
£425,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£360,100 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Gloucestershire, South West England, United Kingdom |
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Nationwide are pleased to offer to the market : Tarmaced car park for 6 cars plus no parking problems
Outstanding opportunity to acquire a Freehold Glazing Business situated in the centre of the Cotswolds and which has been in the same hands since 1978. In our opinion the business offers terrific potential for further development in the right hands.
All types of glazing undertaken including windows, double and single glazing, conservatories, shop fronts, mirrors etc.
Full Gas Fired Central Heating
RETAIL SHOP/SHOWROOM for the display of doors, glass and mirrors
Rear office with desk
2 additional offices
Kitchen area
Cloakroom with w.c.
REAR DETACHED WORKSHOP approx. 2,500 sq. ft. including double glazing section. The equipment includes polishing machine, drilling machine, finger pull machine, arising machine.
DOUBLE GLAZING SECTION with washing machine, spacer bar machine, hot melt machine, double glazing table.
Included in the sale is 1 Citroen 02 plate van, 1 Vauxhall 02 plate van, 1 Combi Van approx. 10 years old plus 1 small 04 Ford van
WE ARE ADVISED that the trading and profit and loss accounts year ending 31st March, 2011 showed sales of £360,115 with a gross profit of £126,526 (after wages of £87,725 and purchases plus sub-contractor of £145,521)
AS STATED THIS BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1978 AND THERE ARE GENUINE REASONS FOR SALE.
OUTSTANDIN OPPORTUNITY TO ACQUIRE A PROFITABLE OLD ESTABLISHED FREEHOLD GLAZING BUSINESS IN THIS SOUGHT AFTER LOCATION.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS BY WAY OF SHARE TRANSFER in the region of £425,000 subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
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Property: |
Freehold |
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Living Accommodation: |
No |
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Location: |
Residential and industrial area, GLOUCESTERSHIRE |
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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 - Friday inclusive - 8 a.m. - 5 p.m.
Saturday opening - 9 a.m. - 1 p.m. |
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At present the business is operated by the vendor with the assistance of his wife on a part time basis plus 5 full time staff employed. |
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