Business Summary:
Multi Fuel Log Burner and Stove Retailer
Ref.GJ020
Location Dorset
Asking Price £ 75,000
This business has been trading for three years and has achieved its present commercial success based on operating just three days a week from 8AM until 1PM
The business sells a range of multi fuel log burners covering all price ranges and including such brands as Hunter, Franco Belge, Villager and an unbranded product that is imported from China. The average cost of a log burner is in the region of £600:00. It presently sub contracts out all installation work from which it gains no financial benefit.
Since it started trading the business has established an excellent reputation for good service and exceptional value for money. This is partly due to the very low overheads it incurs and this is reflected in the retail prices that are charged.
The business has even been quoted on a well-known and respected consumer website which deals with highlighting facilities and services that represent extremely good value for money. The conversion rate from enquiry to sale is high due to the nature of customer qualification. All prospective customers are charge £25:00 to provide a survey and quotation that is subsequently deducted from the price of a completed installation.
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| Facilities / Terms of Lease:
The operation is based at a local covered market and trades from a one of a number of timber based cabin units that are located around the perimeter of the site. This is rented at a weekly cost of £135.00. It benefits from very significant passing footfall and people will queue up to seek advice and get quotations from the proprietor who runs the business single-handed. The cabin carries a range of stock and is equipped with a fully functioning log burner and fireplace. |
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| Potential
Growth/Expansion:
The potential for this business to double or treble in a short time frame is very realistic. This market sector is enjoying consistent and strong growth and a purchaser who has the capacity to also carry out the installations would see the turnover double almost instantly.
In addition the company does not carry out any advertising at all relying solely on word of mouth and recommendations from satisfied customers and recent visitors.
Opening the cabin for additional days every week would also have an immediate positive impact. |
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| Competition:
N.A. |
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| Owner
willing to train:
A full handover and introduction to suppliers will be available for a period to be agreed as part of the sales negotiation. |
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| Reason for selling:
The owner has decided to relocate and wishes to move to Scotland for personal reasons. |
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Seller Reference Number: GJ020
BusinessMart.com Listing Number: 59023 |
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