Muliti-fuel Stoves & Bespoke Stone Fireplaces

Rowsley, Derbyshire
REF: 01702

Asking Price:
£80,000
Annual Turnover:
£172,443
Annual Net Profit:
£6,861
Reduced
Recently Sold
REF: 01702
Photo of Muliti-fuel Stoves & Bespoke Stone Fireplaces
Photo of Muliti-fuel Stoves & Bespoke Stone Fireplaces
Photo of Muliti-fuel Stoves & Bespoke Stone Fireplaces
Photo of Muliti-fuel Stoves & Bespoke Stone Fireplaces

Overview

Tenure:
Leasehold
Established:
1997
  • Great Reputation
  • High Adjusted Net Profit - £50,000 (approx.)
  • Exclusive Retailer of Derbyshire Stone Fireplaces
  • Perfect Location

This is a great opportunity to purchase a retailer of exclusive stone fireplaces on the outskirts of Matlock, Derbyshire.

The business offers their customers a range of exclusive, natural Derbyshire stone fireplaces, multi fuel (wood, gas and electric) stoves and various different accessories.

The business has a great reputation in their industry and benefits from its location in an affluent town and having minimal competition. The business can boast impressive financial figures and has huge potential for future success and growth.

The business is located within a small parade of independent businesses, on a busy road linking Matlock and Bakewell.

The business has a large glass frontage, which showcases the stock to those walking or driving by. The business has one entrance which is located centrally.

On entrance to the building, there is a large showroom which stocks various fireplaces, stoves and related accessories. Towards the back of the showroom, there is a small seating area where staff can manage customer transactions and consultations.

Behind the showroom and out of view to customers, there is a small kitchen and toilet for the use of staff.

There is also a large (free) car park a short distance away, which is a huge advantage to the business.

Intelligent Business Transfer are excited to bring to the market this superb opportunity to purchase an established retailer of bespoke stone fireplaces in Matlock, Derbyshire.

The business has been trading for almost 20 years and has experienced financial growth since then. The business offers their customers a range of exclusive, natural Derbyshire stone fireplaces, multi fuel (wood, gas and electric) stoves and various different accessories.

The business has a great reputation in their industry and benefits from its location in an affluent town and having minimal competition. The business is unique in the fact that they have exclusive rights to retail bespoke fireplaces made from natural Derbyshire stone.

The turnover of the business for last year was £172,443, with an impressive adjusted net profit figure in the region of £50,000.

These impressive financial figures have been achieved with modest opening hours, if a potential buyer were to increase the opening hours, the sales revenue would be increased significantly. A potential buyer could also increase the sales revenue if they were to increase the advertising of the business and create an e-commerce shop.

The vendor is selling the business due to retirement. This business would suit an entrepreneur looking for an enjoyable business with huge potential or a similar business looking for a profitable bolt on acquisition.

Features

Online Presence

Location

Property

Annual Rent
£7,800
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
F 126-150

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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