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Stone & Paving Supplies Business North Wolverhampton For Sale

 
Nr Wolverhampton, West Midlands, United Kingdom
 
Advert ref: CS871K
  
Business description
This business is based on the site of a large and busy garden centre in Codsall which is three miles from Wolverhampton in the West Midlands, both businesses compliment each other but there is no connection.

The site covers an area which we are informed measures approximately 22,500 square feet or 2,090 sq meters, but we understand further adjoining land is available if required.

There are two buildings, one houses the reception an office and a small shop the other is a large corrugated metal shed that is primarily used for the storage of timber.

The business has been established for fifteen years on this site and supplies goods to both trade and retail customers in about equal numbers.

Goods on offer include a large range of low priced patio and paving slabs of various designs and shapes, the owner specialises in the low priced slabs which he buys in large quantities at very competitive prices, plus a higher priced range of slabs.

Other goods consist of loose aggregates, i.e. sand and gravel of various types, house building bricks, decorative bricks, ornamental wall building bricks, rockery stones, cement, wood various types of fencing, concrete and wooden fence posts and most of the other materials you would expect to find on this type of site. Because the site is so large, bulk buying is possible which normally increases the gross profit.

The turnover for year ending January 2007 was £ 547,507, with a gross profit of 34%.
The business is manager run and a working owner, saving the managers wages would have earned around £70,000 net



Years established: fifteen
Employees: Manager, two drivers and one or two yard men plus some Saturday & Sunday staff
Trading hours: Mon to Fri 8.00am to 5.00pm Sat 8.30am to 5.00pm Sun 10.00am to 4.00pm
Property: Leasehold

Lease terms
There is a new ten year lease with a rent of £15,000pa

Location
Adjoining a large Garden Centre in the village of Codsall which is three miles from Wolverhampton

Expansion potential
Still areas to expand

Competition / Market
None locally

Support & training
Any required

Reasons for selling
Retirement

Financing available
This business should support loan finance

 
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Financial details

 
Asking price: £95,000
Sales revenue: £547,509
Net profit: £186,153
 
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed
 

Photos

 
Photograph of this business for sale

 

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