Highly Profitable Freehold Fencing Business
Price:
Freehold - £495,000
Business Type:
Agricultural Businesses, Manufacturing companies, Service Businesses
Advent Business Sales is pleased to have been instructed to offer to the market this rapidly expanding and profitable fencing business.
Founded over three and a half years ago by the current vendors the business is only now being reluctantly offered for sale to enable them to pursue alternative unrelated business ventures.
The business is a manufacturer both of timber and concrete fencing as well as supplying associated locks and latches etc.
The business sells to both the general public as well as local landscape gardeners etc with sales split 50/50 in the summer and 20/80 in the winter. However 80% of the annual sales occur in the seven months between April and October each year. To allow for this peak the business manufactures the whole year round to ensure demand can be met.
The business range includes high quality timber fence panels, concrete posts and gravel boards all on display at its own showroom.
In the year to April 2010 they achieved annual sales of £315,997 with a gross profit of £153,856. Overheads are only minimal, resulting in excellent net profits. The current year is showing an increase in sales levels of circa 21% which should feed through to the bottom line. All sales are within a 12 mile radius of the works.
The vendor has advised us that for the period Jan, Feb & March 2011 is up 43% on the same period for 2010.
We are advised that stock at cost is circa £60,000.
Included within the sale price are the following:
• Fiat fork lift truck
• 2 delivery open top trucks
• Eddison pedestrian fork lift truck
• Skidster digger
• Built in cement mixer
• Large stain tank
• Compressor
• Large quantity of moulds
The vendors are prepared to work with the new owners to ensure a smooth transition and to guide the necessary introductions to both staff and customers.
REF: 9794DE
EXPANSION POTENTIAL
This is quite clearly a very successful business which is still enjoying rapid expansion. It does however, still offer excellent potential to increase both sales and profits further by:
1. Increasing the working/delivery area beyond the current 12 mile radius.
2. Having an interactive website where customers can order online.
3. Having a full time fitting team which could erect fencing.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
The premises are very well located in the centre of a large industrial area within the middle of Derbyshire.
The business has its own car park with around 7 spaces, with additional free on-street parking available on the estate.
Mon - Fri: 8.00am – 5.00pm
Sat: 8.00am – 12.00noon
Sun: Closed
Large freehold site which is briefly as follows:
Ground Floor
• Entry door from own car park into the show room.
• Side canteen area.
• Male & female W/Cs
• Kitchen
• Large workshop
• Side drive to rear yard with extensive stores area
• Rear of workshop concrete pouring/mixing area
First Floor
• Office space
• Side stores
The premises are doubled glazed, alarmed and also benefit from its own car park which can accommodate around 7 vehicles.
North Yorkshire
£ 750,000
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