| | | OLD ESTABLISHED FREEHOLD GLAZING BUSINESS | | | BUSINESS FOR SALE ADVERT DETAILS ADVERT VIEWED : 7,453 TIME(S)
BUSINESS REFERENCE : M2904 / RightBiz | | | | | | Residential and industrial area, GLOUCESTERSHIRE | | | BUSINESS LOCATION: | Undisclosed Gloucestershire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | DIY Stores | | SALE: | Agent Sale | FREEHOLD: | £425000 | | | | | | | | | | | BUSINESS DETAILS: | Features : Tarmaced car park for 6 cars plus no parking problemsOutstanding opportunity to acquire a Freehold Glazing Business situated in the centre of the Cotswolds and which has been in the same hands for the past 31 years. In our opinion the business offers terrific potential for further development in the right hands.All types of glazing undertaken including windows, double and single glazing, conservatories, shop fronts, mirrors etc.Full Gas Fired Central HeatingRETAIL SHOP/SHOWROOM for the display of doors, glass and mirrorsRear office with desk2 additional officesKitchen areaCloakroom with w.c. REAR DETACHED WORKSHOP approx. 2,500 sq. ft. including double glazing section. The equipment includes polishing machine, drilling machine, finger pull machine, arising machine.DOUBLE GLAZING SECTION with washing machine, spacer bar machine, hot melt machine, double glazing table.Included in the sale is 1 Citroen 02 plate van, 1 Vauxhall 02 plate van, 1 Combi Van approx. 10 years old plus 1 small 04 Ford vanLocation : Residential and industrial area, GLOUCESTERSHIREOpening Hours : Monday - Friday inclusive - 8 a.m. - 5 p.m.Saturday opening - 9 a.m. - 1 p.m.Turnover : WE ARE INFORMED the sales for the 5 month period 31st March, 2009 to the 31st August, 2009 showed sales of £201,623 with a gross profit of 42.12% after wages. We are further advised that the sales year ending 31st March, 2009 showed £383,087 with a gross profit of £75,399 after wages and National Insurance of £126,130 providing a total gross profit of £201,529 before wages. We understand that the business operates in the Gloucestershier area, mainly Cheltenham and with a maxium of approx. 40 mile radius.Tenure : AS STATED THIS BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 31 YEARS AND THERE ARE GENUINE REASONS FOR SALE.OUTSTANDIN OPPORTUNITY TO ACQUIRE A PROFITABLE OLD ESTABLISHED FREEHOLD GLAZING BUSINESS IN THIS SOUGHT AFTER LOCATION.PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDMUST BE SEEN TO BE FULLY APPRECIATEDPrice : OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £425,000 plus STOCK AT VALUATION (£20,000 approx).SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTStaff : At present the business is operated by the vendor with the assistance of his wife on a part time basis plus 5 full time staff employed. We are further advised that the current wage bill is approx. £1,700 p.w. | | | | | | FOR SALE | | | | | SELLER: | NATIONWIDE BUSINESSES LTD | | CONTACT: | 020 8763 1777 | | REFERENCE: | M2904 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
