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the UK marketplace for company sales

Fireplaces

Reference
S11889
Turnover
£0.5m to £1m
Sector(s)
Retail & wholesale, Service industries
Region(s)
South East England
Added
19 August 2024

Business description

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.
  •      Excellent presence in the industry.

Highlights

  •       Excellent trading reputation.
  •       Opportunity to expand and grow portfolio.
  •       Loyal clientele.

Opportunities

  •         Extending portfolio offer.

Prospective purchasers

  • Offers IRO - £900,000.00
  •         100% share capital.
  •         Freehold premises.

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