Profitable Glass Merchants

Price:

Leasehold - £130,000

Turnover:

Seller Ref:

1177S

Location:

South Yorkshire

Business Type:

Service Businesses

See Other:

Glaziers for sale in South Yorkshire
Service businesses for sale in South Yorkshire

Description:

THE BUSINESS:

HISTORY

• The business is the oldest established and trading glass merchants in the city.
• The current owner has been involved in the family business for the last three decades, and has been in ownership by himself for the last three years.
• The business has been in existence for almost forty years in total
• During this period, the company has gained a large & loyal retail customer base, which appreciates the quality of work conducted, which is reflected in the margins.

REASON FOR SALE

• The vendor has now decided to pursue another unrelated business venture

PRODUCTS/SERVICES

• The company specialises in:
o Glass cut to size,
o Supplying only,
o Double glazing & replacement double glazing units,
o Glass shelving
o Leaded stained glass

CUSTOMERS

• Mainly from the local area, (up to a thirty mile radius), consisting of approximately 70% retail, and 30% trade.
• All trade clients pay cash on delivery.

HAND OVER

• The owner is willing to conduct a full hand over period of up to three months subject to negotiations.

SCOPE

• The owner has informed us that the following are all areas that can contribute to increasing bottom line profits. They include:
• Increasing UPVC sales
• Bespoke lead work is a huge area
• Advertising more for glass unit replacements
• Opportunity to expand unit and glass repair and replacement
• Scope for emergency call out service and charges
• More advertising and promotion especially through the web

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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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.

Location Details:

• The business is located in a prominent position on a very busy main road that leads to the heart of the city

Lease Terms:

• Leasehold • Original Lease: 20 years • Term remaining: 15 years • Rent: £8,470 per annum • Rates & Water £3,852 per annum

Trading Hours:

• Monday to Friday: 8am to 5pm • Saturday: 9am to 1pm

Accommodation:

• The premises laid out on the ground floor briefly consist of: • A triple frontage, which is three individual retail units. • The premises have a retail counter, a hot melt machine, presses and a small fabrication workshop.