* Included in Asking Price
Wholesale and Retail of Monument & Memorials - Design and Supply - Granite and Marble
For sale with or without Freehold investment property, producing good rental income – separate details available
Location Northern Ireland
Asking Price £ 115,000
Asking price includes:
Turnover circa £70,000 per annum
Gross Profit circa £40,000
Adj. net Profit circa £25-30,000
Excellent location and extensive showroom
Massive growth potential
This business specialises in wholesale and retail, design, renovation and inscription of memorials and headstones. Using all natural stones the business provides quality crafted memorials with an excellent personal service. The business has superb communications with suppliers and customers and offers an all in one service. Stone is imported from the Far East, with no dependancy on any supplier, most of the major granites and marble used worldwide are sourced to accommodate everyone's individual taste.
All types of memorials are supplied including granite memorials, marble memorials, mausoleums, memorial statues, memorials, slate memorials and stone memorials.
The extensive range of headstones on offer vary in price to suit all budgets and are displayed in the excellent showroom facility, enabling clients to view the products at first hand. There is a memorial design service, stone engraving for the natural stone granite and marble plus there are additional services that include headstone cleaning, headstones, memorial cleaning, memorial recarving, memorial renovation, memorial repairs and memorial restoration.
The staff are both friendly and experienced to ensure that clients needs are met in terms of price and service and the business are one of the very few monumental masons in Northern Ireland who still possess traditional skills, being able to work stone entirely by hand if need be.
With little competition the growth opportunities for this business are virtually limitless for a new owner. Additional advertising that will ultimately increase trade, which already shows consistent growth.
|Facilities:||The substantial building is freehold and divided into separate apartments. The premises have been fully refurbished and include a well presented and bright showroom of circa 350 sq ft with excellent displays of the products on offer.
The premises comprise of five apartments which are rented out for circa £100,00 per week, a total fo £25,000 per annum plus a bakery, which is leased at £9,600 per annum.
This premises could be purchased as an investment property for £600,000 or as a business opportunity for £115,000. The rental of the showroom premises would be circa £6,000 on a negotiable lease.|
|Competition:||The business has undertaken limited advertising and investment in this area will undoubtedly improve turnover. A high proportion of the business’s revenue has been due to its professional website and its reputation for quality and service that has always ensured a constant stream of business via referrals through word of mouth recommendations.|
|Growth Potential:||The market outlook for this business is ‘constant’. With little competition the opportunity is immense. There are many excellent avenues for growth, opening additional branches would gain more customers and the business already has the capability and structure in place to support this. Trade could also be increasd by extending the trading hours of the business, with such a good market outlook the vendor anticipates that the business turnover couod be doubled.|
|Training/Support:||The owner is happy to assist with a handover and training period to ensure a smooth transition of ownership.|
|Sale Reason:||To concentrate on other activities.|
Seller Reference #GB132
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