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Monumental Masons L/h £75,000 Lincolnshire Reduced

Undisclosed Lincolnshire
LINCOLNSHIRE MONUMENTAL MASONS -est 17 yrs Located on Industrial Estate off main rd All types of memorials supplied & erected - additional inscriptions service offered Cleaning & restoration specialists -L/H: £75,000 +SAV REF: 9542LN REDUCED
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 45716
ADVERT IMPRESSIONS : 24,907 TIME(S)

 
BUSINESS SECTOR: Manufacturing / Engineering
TRADE TYPE: Other
SALE: Agent Sale

LEASEHOLD:

£75000
 

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BUSINESS DETAILS:

LOCATION

Our client’s monumental masons business is conveniently located on an industrial estate, just off a main road by the centre of a historic Lincolnshire town. The town is central to this county, giving it a focal point for all customers within the area.

The business benefits from its positioning as there is adequate free parking.
THE BUSINESS
Advent Business Sales is pleased to have been instructed to offer to the market this very well established monumental masons, which has been trading successfully for the past 17 years.

The current vendor has been in ownership since its inception and is selling due to retirement plans.
The business offers an extensive range of Memorials in a wide range of stone types. They can be made to any specification desired by the client, earning the company a reputation for high standards of customer service.

Much of the standard stone is bought in from UK import suppliers, keeping the general cost of the item down to an affordable level.

Most Memorials supplied by the company feature sand blasted lettering, finished in either enamel paint or Gold Leaf. However, the business is unique within the local area in also being able to offer machine cut lettering, hand cut lettering and lead filled lettering where required.

Bespoke ornamentation is also available, either hand carved or sand blasted and painted.

The company also provides a specialist cleaning and restoration service to its customers, widening value to its surrounding customer base considerably.

The company’s customer base is all over Lincolnshire, much of which is derived by an excellent reputation leading to word of mouth recommendation.

The business employs an excellent website which is an added tool to attract customers.

The public part of the premises are beautifully presented with a large front showroom and rear consultation room, all decorated and laid out to exacting standards.

The business is staffed by 2 full time and 1 part time employees plus the owner as and when required.

The business has a steady turnover with healthy gross profits. It is worth noting that the business was actually valued at a higher rate but due to the owner’s personal reasons for selling, this has been lowered for a quick sale.


We are advised that stock at cost is approximately £25,000
REF: 9542LN

TRADING HOURS
Mon, Wed - Fri: 9am – 5pm
Tues: 9am – 8pm
Sat: 9am – 12 noon

FINANCIAL INFORMATION
We have been advised by the vendor of the following:

Annual sales: £143,700
Gross Profit: £98,700

Accounts will be made available to interested parties after a viewing has taken place.

Please let us know if you require finance for the purchase of a business.

BUSINESS PREMISES
The business consists of 2 areas of work, both being single storey:

Public Area
• Front showroom
• Rear Showroom / consulting area
• Office for general administration as well as preparation & cutting of stencils
• Kitchen area
• w/c
Interconnecting passage to the workshop including doorway to rear yard

Workshop
Split into several connecting areas and comprising:
• main dry workshop used for preparation & finishing of Memorials before & after sand blasting
• Delivery & Storage area
• Sand blasting & stone cutting area –also includes storage of concrete foundations
• 2x W/Cs
• External access to workshop via 3 sets of double doors along the side of the building

LEGAL COSTS:
Each party is responsible for their own legal costs

External
• Paved to the estate roadway
• 3 parking spaces at the front for customers
• Ample car parking outside the workshop
Equipment:
• Pallet truck
• Compressor
• Dust free Sand blaster
• Bench saw
• Wall mounted core drill
• Hand held polishers & grinders
• Delivery van
• Vinyl cutting plotter & 2 masonry software applications

The office also has 2 computers, printers, scanner, digital camera, desks and paperwork storage as required

TENURE: Leasehold
Original lease: 6 years
Remaining lease: 5 years
Review every: 3 years
Rent: £14,676

We are advised that the annual business rates are currently: £2,500








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).
   
  FOR SALE
   

REFERENCE:

9542LN / RightBiz
   
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