Fireplaces for sale in Stockport

View the "Fire Place Manufacturing Business - Stockport" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Fire Place Manufacturing Business - Stockport

Stockport, Greater Manchester, England

  • Leasehold Price: £249,950
  • Annual Turnover: £361,705
  • Annual Gross Profit: £210,270
Seller Reference: 7203
Request DetailsEmail email
Business Description
 
 
 
 
 
Image 1 of 5 video_library
Seller Reference: 7203
Request Details
Business Description
Established 1989
Accounts Available Year End 31st August 2019
Annual Turnover £361,705
Gross Profit £210,270
Accounts Available After Viewing
Retirement Sale
Strong Social Media Following
Excellent Reputation
EPC - D
Blacks Brokers are pleased to bring to the market this leasehold well established fireplace manufacturing business located in Reddish, Stockport, Cheshire.

INTRODUCTION

20th Century Fires Limited has been trading since 1989 and moved to Vesta Works on Gregg Street in 2008. Since opening the business in 2012 our client has generated a huge amount of goodwill and has built upon an enviable reputation within the local area. The business also has its own website and has a strong social media audience.

LOCATION

Situated on Gregg Street at Vesta Works the business benefits strong motorway links with the M60 just one mile away and Reddish and Heaton Chapel train station just two miles away. Overall the location is ideal with close links to Manchester and Cheshire.

REASON FOR SALE


This opportunity has become available due to our clients retirement plans. Therefore the business has been placed on the open market at this appealing price point and would ideally suit a buyer who is currently working in a similar trade as this would make an ideal ‘bolt-on’ business.

LEASE


The building is available for rent on a FRI basis ( Full Repair and Insurance). This is the most common type of lease. A new five year lease will be granted to the new owner at a rent is £48,000 per annum which represents excellent value for such a prime location property.

BUILDING LAYOUT AND DESIGN


The business operates from this two storey detached building with a large car park to the front that has enough space to easily accommodate up to eight vehicles. The main entrance opens up into a corridor with a showroom, toilet and large warehouse factory with a mezzanine floor. There is a goods in / out area and two sets of stairs leading to the first floor.

On the first floor there are three showrooms, two toilets, kitchen, staff room and two large offices.

The building is 100% commercial with no living accommodation at all. The building is fully gleamed and benefits from central heating.

STAFF


The owner is supported by three full time members of staff and four part time staff members with all personnel serving over two years providing continuity to customers once a sale completes.

FINANCIAL DETAILS


Currently the business is trading strongly and can show turnover Y/E August 2019 of £361,705 with a gross profit of £210.270 and a pre-tax net profit of £42,207

BUSINESS RATES


The building has rates payable of £1200 per month.

SUMMARY

The business does not actively advertise as there is no requirement to do so, 85% of the customers come through the businesses website and the rest is repeat custom offering a new owner a database of loyal customers.
This business is thriving and offers a new owner a fantastic opportunity to build upon the business by actively marketing and increasing its social media presence to attract new customers. The business shows a steady revenue flow each year and with a well experienced and knowledgeable staff infrastructure in place this does make an excellent business for a new owner to operate alongside a similar business. Early viewings advised. Fixtures:
Renault Master Van (60 Plate)

Electric Fork Lift & Charger

All Manufacturing Tools & Equipment

Office Equipment

Computer System
Trading hours:
MON - SAT: 09:00 - 17:00
Tenure:
Leasehold
Location Details:
Stockport
Leasehold Term:
£923 Per Week
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Legal Services

Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder imageloder image