Longstanding Fire and Fireplace Business in Enfield, London for Sale, Stock worth £20,000 Included
Enfield, London
- Status
FOR SALE
- Date Submitted:
12/08/19
- Advert ID
247392
- Reference
B05463 / Rightbiz
- Call Agent:
- Asking Price: £19,995
- Turnover: £150,000 (£2,885 Per week)
- Net Profit: £60,000 (40% Profit margin)
Business Details
Long Standing Fire And Fireplace Business
BusinessPlease quote reference B05463
STOCK OF £20,000 INCLUDED IN THE ASKING PRICE
CoGoGo welcomes to the market Energy Place (Fires & Fireplaces), which was established by our client, who is looking to retire, around 20 years ago.
The business sells and fits fires and surrounds, the range includes gas and electric fires, wood burners, biofuel burners, gel fires and all surrounds.
The business does have 5* reviews on Google but does not have any social media sites or a website and has been trading off word of mouth advertising since its inception.
Therefore, there is scope for development by considering:
- Creation of social media pages to promote the business
- Creation of a website to promote the business
- Large prospective customer base
- Affluent local area
- Only fire and fireplace specialists in London Borough of Enfield
Location
Energy Place (Fires & Fireplaces) is a relocatable opportunity located in the affluent area of Bush Hill Park, Enfield.
Premises
N/A as its being sold as business only opportunity.
Tenure
N/A as its a business only sale.
Hours
The business is 24/7, as its an online business.
Staff
The business is run and managed by our client. There is also a team of sub contracted fitters.
Financial Profile
Energy Place generates an advised turnover of circa £150,000 a year with a net profit of circa £60,000.
Please quote reference B05463
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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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.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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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.
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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
