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9004HD L/H MANUFACTURER OF ARTIFICIAL STONE £420,000+SAV+WIP+EQUIPMENT
Asking Price:
GBP 420000
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Business Location:
United Kingdom » East Riding of Yorkshire » WEST YORKSHIRE
Category:
Manufacturing
»
Stone, Clay, Glass, Concrete
Description:
Advent Business Sales have been instructed to offer for sale this expanding and well established business.
The business was formed by our client in 2004 and has seen the business grow to this present day status.
It is now reluctantly offered for sale as our client has other personal and business interests, which he wishes to pursue.
The business specialises in manufacturing decorative stone, which is made with precision and supplied nationally.
The types of products manufactured include:
• Stone head and sills
• Lintels for windows and door surroundings
• Arches
• Quoins
• Pier caps and caps
• Spheres
• Coping stones
• Portico’s
• Balastrading
The product is of an excellent and exacting standard, which is supplied to trade and public throughout the country and has a very reputable name in the trade.
The business is fully equipped for purpose, which possess a number of tools and equipment to ensure quality of production.
A well-constructed website aids the business well and is equally supported from advertising in national home building magazines.
REF: 9004HD
The business is staffed by two full time sales representatives, of which one is self employed.
STAFF DETAILS
Other staff include:
• 1 x full time self employed joiner
• 1 x self employed van driver
• 1 x full time yard manager
• 9 x tradesmen
• 1 x full time office and administration
• As well as the owner who oversees all activities in Managing Director capacity.
BUSINESS PREMISES
Spacious industrial/commercial premises with ample internal and external areas with approximate ¼ acre coverage and consisting of the following:
Ground Floor
• 2 manufacturing units
• Joiners area
• Ample storage facilities
• Mixing shed
• Offices
• Staff facilities include kitchen, canteen
• W/c’s
External
• Ample enclosed yard space with further adjoining working yard area
TENURE: Leasehold – new lease and terms to be negotiated
Original lease: TBN
Remaining lease: TBN
Review every: TBN
Rent: TBN
We are advised that the annual business rates are currently: £9,234
Annual sales: £761,541
Gross Profit: 68.93%
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Financial Information:
Annual gross sales: (GBP)
N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
761541
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:
Business Area:
Our client is ideally located on an industrial unit with the surrounding area being a mix of commercial and residential properties, in the centre of a progressive West Yorkshire town.
Year Established:
2004
Is Relocatable?:
No
Business closed or an asset sale
:
No
Is Home based business?:
No
Real estate status
:
No
Number of Employees
:
14
Market competition and expansion:
EXPANSION POTENTIAL The business has experienced good growth since formation. With further aggressive advertising and marketing the estimated growth would proceed further than a £1 million turnover per annum.
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