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Fireplace and Stove Installation Business for Sale

West Sussex

Advert ref: 1017SPT

This is a traditional Fireplace outlet whose business principles are based upon the design, supply and installation of quality merchandise to a very high standard supported by excellent levels of customer care and after sales service.

Over the past few years the directors have developed the business to a position of pre-eminence, they are credible operators who have a track record of customer satisfaction and delight. Their supply relationships are such that they have access to all the best quality brands.

The scope of works covers all types of application and includes new build and refurbishment projects.

This an independent business that has a passion for their products and service; the experienced team are extremely knowledgeable about the products they stock and have a keen eye for detail. The directors have planned for an eventual sale and believe that at least one member of staff would be capable of running day to day operations under remote guidance and supervision. 

Key features:

  • Independent business with outstanding reputation
  • Well presented showroom
  • Combination of both retail and trade customers
  • Limited local competition
  • Genuine opportunity to grow
  • Turnover in excess of £300K pre Covid 
  • Est turnover for y/e March 22 £300K

Property Details: Leasehold
Asking Price: £89,950 + SAV (Leasehold)
Asking Price: Offers Invited
Turnover: £300,000 Annual

The business trades from a small but well presented and stocked showroom in a the popular village of Loxwood, which is in an easily accessible location. 

Relocatable: Yes
Lease Terms:
We understand that a fully renewable lease can be available for the new owners for a rental in the region of £14,000 per annum

Reason For Selling:
Our client has other business interests and cannot cope with the amount of work Loxwood Burners generates.

This business has carved a niche market; tending to specialise on quality merchandise that is fitted to a very high standard.

The business ethos has always been based upon the philosophy of providing quality advice and guidance supported by excellent products professionally installed.

The directors have no interest in trading in the price sensitive lower end of the market; they never discount products and rarely operate on a supply only basis.

Their attitude is that as customers are spending a substantial amount they deserve to be totally satisfied with their installation; delighted customers lead to referrals.

There are other local operators but rarely is there a shortage of projects at sensible prices and margins. Substantial numbers of new customers (75%) contact the business as a result of referrals and recommendations, their service and after sales care is the company's silent salesman.

Expansion potential:
There is substantial scope for expansion, the directors are involved in another construction business so cannot cope with this one, as such they have been more inclined to maintain the business at its current levels rather than look for new opportunities, products and markets.

There has been a dramatic increase in the numbers of people reverting back to having an open or 'real' fire as a focal point in their home. Technology has moved on and the manufactures have introduced many new models that are both, efficient, clean to operate and highly stylised.

Currently the business trades within tight geographical areas, these could be expanded, there is demand just the lack of appetite to pursue further flung business.

In the past the owners have shied away from any form of discounting so marginal business is never considered; to supply a good quality and reliable service comes at a cost and must be reflected in the overall price package. New owners may wish to consider the development of the excellent web site (under construction) and introduce E Commerce sales.

Support & training:
The vendors are keen to achieve a seamless transfer and will happily provide full handover and support. They are keen to ensure that the business continues to grow and prosper so will provide technical support for as long as required. The existing team are very accomplished and capable of running the day to day operations.

It is our understanding that the premises currently qualifies for small business rate relief so business rates are not payable.

Each party will be responsible for their costs associated with the transaction.

Fireplace and Stove Installation Business for Sale West Sussex

Financial Details

  • Leasehold: £89,950 + SAV
  • Turnover: £300,000 Annual
  • Net profit: undisclosed
  • Fixtures value: undisclosed
  • Stock value: undisclosed