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Stone Flooring Specialists - Dorset

Shaftesbury, Dorset, England

  • Leasehold Price: £99,995  Price Reduced arrow_drop_down
  • Annual Turnover: £315,204
  • Annual Gross Profit: £116,239
  • Annual Net Profit: £39,346
Seller Reference: 7187
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Business Description
 
 
 
 
 
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Seller Reference: 7187
Request Details
Business Description
Prominent Trading Position
Annual Turnover £315,204
Gross Profit £116,239
Net Profit £39,346
Established 1994
Retirement Sale
Parking For 6 Vehicles
Workshop/Storage 30M2
Showroom 120M2
Excellent Reputation
Superb Online Reviews
EPC - TBC
REF 7187 – Leasehold Stone Flooring Specialists

Blacks Brokers are pleased to bring to the market this leasehold stone flooring specialists located in Shaftesbury, Dorset.

INTRODUCTION

Simali Stone Ltd was established by our client in 1994, initially offering a fitting only service. In 2002, due to expansion, our client moved the business to it’s current position in Shaftesbury and began offering supply services in addition to fitting. The business has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of additional trade generated by word of mouth recommendations. Our client has ensured the business has an excellent reputation and superb reviews are noted online. Simali Stone Ltd has a comprehensive website in place.

LOCATION

Simali Stone Ltd occupies an industrial trading position within a trading estate. The area is densely populated commercially with neighbouring businesses including independent businesses and large multiples such as Travis Perkins. The area is well linked by the A350 with very strong public transport links and parking is available immediately outside.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s retirement, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a rolling monthly lease which began in 2002 at a cost of £256 plus VAT per week.

STAFF

The business operates with our client only in full time employment, supported by one self employed fitter working on a full time basis.

FINANCIAL DETAILS

Simali Stone Ltd has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has annual turnover of £315,204 and gross profit of £116,239. Full financial information is available upon request.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This long established business occupies an enviable trading position in a busy area of Dorset. Our client has secured a strong customer base and exceptional reputation. The business could be expanded even further with the introduction of online sales or even further expansion on the fittings side of the business as at present the business only has one fittings member of staff and it is an area which has much demand and could increase turnover massively. Early viewings are strongly advised. Fixtures:
Shelving

Displays

Woodburner
Trading hours:
MON & TUE: 09:00 - 16:00
THUR: 09:00 - 16:00
FRI : 09:00 - 16:00
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Simali Stone Ltd operates from three individual purpose built industrial units that have been converted into one large and impressive showroom and workshop. The business has large branding and signage on display above a partially glazed frontage. Inside, the space is split between a workshop area and separate showroom which has a range of flooring on display including limestone, marble, travertine, slate, terracotta and granite. There is an upper mezzanine floor which is currently used for storage. There are toilet facilities and an office and CCTV is fitted throughout. All areas are well equipped and presented nicely.

Location Details:
Shaftesbury
Leasehold Term:
£256 Per Week + VAT
Listed by:
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