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Top Fireplace Retailer in Ripley Derbyshire for Sale - Owner Retiring

Ripley, Derbyshire
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Extremely well established fireplace retailer for sale Photo 1
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Extremely well established fireplace retailer for sale Photo 3
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Extremely well established fireplace retailer for saleExtremely well established fireplace retailer for saleExtremely well established fireplace retailer for saleExtremely well established fireplace retailer for sale
  • Status

    FOR SALE

  • Date Submitted:

    21/06/23

  • Advert ID

    515354

  • Reference

    B07395 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £250,000
  • Turnover: £183,800 (£3,535 Per week)
  • Net Profit: £39,111 (22% Profit margin)

Business Details

Extremely well established fireplace retailer for sale

Business
Please quote reference B07395

CoGoGo are delighted to welcome to the market Hardwick Stone, a highly rated fireplace retailer in Ripley, Derbyshire.

The business was first established by our client back in 1981. The business is extremely popular within the local area, building up an excellent reputation and regular customer base.

Hardwick Stone has now come to the open market due to our clients desire to retire. 

Hardwick Stone is a well established fireplace and mantlepiece retailer, that offers a complete service from design, to manufacturing and to the installation of the fireplaces. A large part of the business sales are woodburning & multi fuel stoves. The business has an extensive range to choose from.

The business enjoys great reviews such as:

  • “Top quality workmanship at a great price!”
  • “Attention to detail is brilliant and we are very happy with the finished result”
  • “Once again A FIRST CLASS SERVICE we can thoroughly recommend “
The sale of the business will include the company website and the business enjoys good visibility on the internet.

Key selling points - 

  • A well established business with an enviable reputation and many satisfied customers
  • Current owner would be happy to offer a handover to ensure the continued success
  • Ideal owner managed or partnership business
  • Lends itself perfectly as a bolt on to an existing home improvement company
  • All fixtures, fittings and equipment included, along with the ford transit van, making this a real Turnkey business opportunity
  • Includes a valuable freehold
  • A real opportunity to increase turnover and profits, the current owner has been running at a pace to suit
Scope to improve -

  • Advertising and marketing campaign
  • Extend the opening hours
  • Maximize the use of social media particularly Instagram, Twitter and Facebook
  • Update the existing website maybe adding an e-commerce facility
  • Invest in PPC and SEO to drive new customers to the business
  • Expand the sales territory geographically
Very rarely do fireplace companies of this calibre come to the open market so early enquiry is highly recommended.



Location
Hardwick Stone is located on Nottingham Road in Ripley, Derbyshire.

The business is nicely presented and maintained with clear visible signage and free customer parking

The business sits alongside other complimentary retail businesses and thus benefits from high levels of footfall and passing trade.



Premises
The business occupies generous premises ideally suited to the trade.

 



Tenure
We are advised that the business is being sold on a Freehold basis. 



Hours
The current trading hours are -

Monday to Wednesday – Closed
Thursday to Friday – 9:30am – 5pm
Saturday – 10am – 2pm
Sunday - Closed




Staff
We are advised that the business is run and managed by the owner, with the help of 1 full-time and 1 part-time members of staff. 

Potential partnership with a current member of staff is an option. 

 



Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £184,000. Further financials can be made available upon request. 



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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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