Profitable Business with High Gross Profit Margin
Contract & Internet Work Undertaken
Description and Trade:
The business specialises in the design and manufacture of memorial products. Since the company was established in 1993 it has built up an excellent reputation and has many glowing tributes. The company has contract work with local authorities and also supplies the general public market.
A wide range of products are manufactured and supplied including grave markers, plaques, kerb blocks, wall units, and wall tablets.
The business operates from a very spacious unit on a trading estate comprising:
Main Factory Floor (13.7m x 8.5m) c.1,260 square foot
Male & Female w.c facilities
Spacious First Floor Storage Area
A well-established niche type business that has been in the present owner’s hands since 1993. There is considerable scope to increase the amount of contract work undertaken for local authorities. Also sales on the internet side of the business are increasing as it becomes established.
Our Client Informs Us That:
Sales and Profitability:
Accounts to year ended June 2015 show sales of £196,129 (excluding VAT) with a high gross profit of £141,330 (72%).
8.00am – 4.00pm Monday to Friday
Closed Saturday & Sunday
The staff wage bill is only about £20,000 per annum
Leasehold. The present rent is c.£10,000 (plus VAT) per annum. A new lease will be available.
£249,950 for the lease business, fixtures and fittings, plant and machinery, office equipment.
The fixtures, fittings, plant, machinery, and office equipment are too numerous to detail on these particulars but a full inventory will be drawn up for any purchaser.
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