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Businesses For Sale > Business For Sale in Aberdeenshire,Scotland Relocatable, UNITED KINGDOM - UK (UK)

GD119-Aberdeenshire,Scotland Relocatable-£1,050,000-Leading Natural Stone Supply Company Sourcing/Pr for sale in Aberdeenshire,Scotland Relocatable, UK

Aberdeenshire,Scotland Relocatable, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 1,050,000 £ 1,100,000 Undisclosed

Business Summary:
Leading Natural Stone Supply CompanySourcing/Processing/DistributionRef. GD119Location : Aberdeenshire,Scotland RelocatableAsking price: OIRO £1,050,000 (including net assets circa £410,000)This company specialises in supplying the highest quality natural stone products, offering a complete turnkey solution to its customers from sourcing, through to processing, design and final distribution and delivery. The business can source a huge range of stone and stone related products (tiles etc.) whether they are for interiors, masonry, paving or landscapes and has a “can do” attitude when it comes to meeting customer requirements.This hugely successful family business was established well over 20 years ago and has experienced impressive growth and profitability since inception. The company is now one of the leading suppliers of natural stone products in the UK and has built a very desirable customer base throughout the UK spanning many different market sectors. Customers include building trades and construction companies, civil engineering companies, garden and landscapers, groundwork companies as well as distributors to these markets, not to mention end users and some domestic retail clients.The business has some 500+ active customers spread throughout the UK, in addition to a much larger database of less regular customers, the majority of whom are commercial entities operating in the sectors already mentioned above.The expertise within the company allows it to provide stone products for a large range of requirements. The business has invested in infrastructure to process, design and manage each requirement from start to finish meeting specific customer requirements. A professionally designed website allows potential clients to view samples and receive expert advice on suitability of products etc.This is a very well managed business, with all the systems and processes set up to meet significant demand from its wide ranging customer base. With turnover in excess of circa £1 Million for the current year and gross profit margins above 50% (based on management accounts for the first 6 months of 2019) this is a highly profitable business model. As such it should appeal to any existing natural stone company looking to acquire a leading competitor, a company serving complementary markets or any buyer looking for a very healthy return on investment through acquisition.

 

   
Year Business was Established: 1999
   
Number of Employees: 03FT/03PT  
   
Facilities / Terms of Lease: The business currently operates from ideal premises– circa 3450 sq. feet interior space with 2 acres hard standing yard area. The business could be relocated if required but has an established clientele in the region as well as UK wide. The vendor would also be happy to sell the premises should a new owner so require or set up a lease agreement, subject to negotiation. Freehold value circa £150,000. Please note the premises are NOT included in the current asking price.  
   
Competition: The business undertakes a variety of marketing activities and promotion including: Website Direct Mail Leaflet dropping Telesales It also has a suite of comprehensive brochures which are of great use to its customers. The 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.  
   
Owner willing to train: The current owners will provide all necessary training and handover ensuring a smooth transfer of the business to the new owners.  
   
Reason for selling: The current owners have achieved what they set out to with the business and have decided to pursue other business opportunities.  
   
Seller Reference Number: GD119
BusinessMart.com Listing Number: 247013
 

 

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For more info contact:

Andrew Hudson

Turner Butler
01895 25 6000

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