Business Summary:
Stone Manufacture & Installation Company
Confidentially offered for sale
Ref No: GD070
Location: Essex
Leased Premises
Asking price: £2,500,000
This hugely successful family business was established over 30 years ago and has experienced continuous growth throughout the years. The company specialises in supplying marble, granite and stone products, offering a complete bespoke manufacture and installation service. Products include worktops and fireplaces while additional services include restoration work and cladding.
The company is one of the leading suppliers of natural stone and employs a team of highly talented masons to meet the considerable demand for its products from both private and commercial customers. The expertise found within the company means it is able to provide stone products to meet a huge range of requirements and a wide variety of projects are undertaken, ranging from kitchen and bathroom installations to natural stone floors. A professionally designed website allows potential clients to order samples or apply for online quotations, while a showroom in Essex provides the opportunity to see some of the end results that can be achieved.
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| Facilities / Terms of Lease:
The company currently owns and occupies all premises required to continue successful operations. These include a showroom, offices, workshop and yard with parking. These would be available for leasing to the new owners. |
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| Potential
Growth/Expansion:
This business is recognised for the quality of products it is able to supply and is renowned for its expertise. Since starting trading the owners have captured significant market share and positioned the brand name at the top of the industry. The new owner will be in an excellent position to build on this reputation. Using the existing client database in partnership with a more assertive marketing strategy could acquire an even larger slice of the market to build this business into an even bigger cash earner. |
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| Competition:
Very little advertising has been used to generate new business so far. A large database of account clients has been built up largely by word of mouth as a result of the business’s excellent reputation. Although continued growth is achievable by following this model of expansion, there is a definite opportunity to rapidly increase turnover and profits by investing in a more aggressive marketing strategy. This would serve to maximise the returns from the acquisition of an established, trusted brand name. |
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| Owner
willing to train:
The current owners will provide all necessary training and handover for up to a year after the sale is completed, ensuring t a smooth transfer of the business to the new owners. |
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| Reason for selling:
The current owners have achieved what they set out to with the business and have decided to pursue other business opportunities. This is a great opportunity to take on a complete turnkey operation with an excellent track record for delivery. |
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Seller Reference Number: GD070
BusinessMart.com Listing Number: 65683 |
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