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Established Fireplace Specialist Business in Hampshire with Two Showrooms for Sale

Undisclosed, Hampshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    18/08/23

  • Advert ID

    518414

  • Reference

    B07404 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £900,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Fireplace Specialist Business

Business
Please Quote Reference B07404

Established in the early 2000s, the company has been in trading for two decades, starting as a home business and quickly becoming the well-established and reputable enterprise it is today.

With 100 different styles and colours on display, the company sells fireplaces, gas fires, electric fires, and wood burning stoves. Their full package includes installation of their products, executed by experienced tradesmen.

The company has a solid base in the South East, where it has served the community for decades with a warm and personal approach.

They have two physical showrooms in the area, which receive an average of 140/150 clients at any given time.

Sale of the business inclusive of one of the properties is subject to discussion.

Over the years, the business has expanded considerably and is now at an ideal point to keep growing.

The current high demand for wood burning stoves sees the company uniquely placed to supply products and options in their existing portfolio, which includes eco-designs with optimal performance and low emissions.

The company has several capabilities and assets to stand out from its competitors and attract the prospective purchaser, including:

  • A wide and varied portfolio including fireplaces, stoves, gas fires, etc.
  • A solid reputation, with a fruitful trading history.
  • Supplying products in high demand following market buoyancy.
  • A healthy financial profile, IRO £1m in 2023 and with a positive growth forecast.
  • Strong local base and regular clientele, with 140/50 active customers at any time.
  • Strong presence in the industry.
 



Location
Based in the South East



Premises
Sale of business inclusive of property to be discussed.



Tenure
Two exclusive showrooms 

One freehold premises

One leasehold premises



Hours
Further information available on request.



Staff
Further staffing information can be made available on request.



Financial Profile
Turnover IRO £1m in 2023

  • Offers IRO - £900,000.00.
  • 100% share capital.
  • Sale of business inclusive of property to be
    discussed.
  • Interested parties required to sign an NDA.


Read more

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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.

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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.

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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.'.

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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.

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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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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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