Business Summary:
Timber Merchant Supplying
Trade and Private Clients
with on site shop
Confidentially offered for sale
Ref No: EL007
Location: M25 Essex
Asking Price: £250,000
This successful timber and builder’s merchant supply high quality hardwood, softwood and sheet metal products, which meet a wide range of specifications plus supplying all related accessories from the on site retail shop.
Established by the current owners in 1997, the business has grown since inception and is now recognized as a leading supplier within the area. The location of the business is convenient for supplying many small builders, landscape gardeners and private consumers throughout North London, Hertfordshire and Essex with all their needs.
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| Facilities / Terms of Lease:
The business occupies leasehold premises in Essex. The premises are circa 4,000 square foot in total, inclusive of storage facilities, administration office and a retail outlet. The large yard is convenient for deliveries and collections.
Annual rent is charged at £16,800 per annum inclusive of rates, and a new 5-year lease has just been granted. |
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| Potential
Growth/Expansion:
This is a rare opportunity for a new owner to take this solid business on to the next level. Ample opportunities exist to expand the range of products and to target marketing efforts and sales towards additional customers throughout the geographic area. Expansion of the business should encourage more competitive purchasing improving retail prices which can be passed to customers and drive future growth. |
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| Competition:
Most business is generated through referrals and direct ‘word of mouth’ recommendation. Current advertising is undertaken through the Local Press – The Thurrock Gazette, as well as the Thompson Local. Investment in a company website could prove to be a valuable asset for attracting additional business enquiries. |
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| Owner
willing to train:
Full support and training will be provided to the successful purchaser |
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| Reason for selling:
Having reached retirement age the vendor wishes to pass the running of this successful company to somebody with energy, enthusiasm and focus to take it to a new level of sales and profitability. |
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Seller Reference Number: EL007
BusinessMart.com Listing Number: 61472 |
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on this business
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