Total of 18656 firms and businesses for sale today Saturday 27th April 2024
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Sold. Lifestyle Wood Burning Stoves Retailer / Installer / Wholesaler

LISTING DETAILS
Firms For Sale ID:
33210
Vendor reference:
AG139
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£108,500  
Turnover / revenue:
£452,000
Net profit / cashflow:
£77,000
Trading hours:
Monday- Friday: 08:00-17:00 Saturday: 09:00-13:00
Number of employees:
1
Employees / staffing:
The owner works full time in the business. The business also employs a part times sales assistant.

OTHER DETAILS
Reason for selling:
The vendor has other business interests and cannot commit the time necessary to fully maximise the opportunities this business has at its disposal. It could easily be scaled up should a new owner so wish.
Support and training:
The vendor will provide a comprehensive support and handover period to ensure a seamless transition of ownership.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Lifestyle Wood Burning Stoves Retailer / Installer / Wholesaler Includes Stones and Reclaim / Salvage Business
Ref. AG139
Location : North Yorkshire
Asking Price : GBP 108,500
This is a well established family business within the fashionable and lifestyle choice sector of wood burning stoves. These stoves are not only attractive centre pieces that produce excellent heat and a pleasant ambience but are also eco friendly as they burn a renewable energy resource (be it wood, carbon neutral wood fuel and smokeless fuel). The clean burning technology means they burn at maximum efficiency with low emissions. With the surging prices of oil and gas, using a stove makes both environmental and economic sense to customers. As a result there is an increasing demand for stoves of this genre. This trend is expected to continue in the future.
The firm is profitable and well established within its market, providing a ‘one stop shop’ with a guaranteed range of services at the highest levels of quality. The business is located in a very accessible and pleasant rural location. Customers travel significant distances to view and buy products in these favourable surroundings.
The company has developed excellent relationships with its key suppliers and represents all the major manufacturers, enjoying local/regional exclusivity with many. Approximately 90% of sales are retail with the remaining 10% being wholesale business.
The services offered by the business include the sale of a wide range of stoves, the fitting of said stoves via approved sub contractors, a spares service, stocks of flue pipe and class 1 flexible liners, door refurbishment, fire baskets and accessories, cleaning and maintenance products, paints, polishes and rope seals.
The firm has just recently invested in its new showroom to showcase its products and has excellent supply chain relationships so can source spares and accessories quickly and competitively.
The size of the firm means that clients appreciate the personal level of service that can be afforded by the employees, paying attention to their needs and providing a tailor made package.
The business is a member of the Heating Equipment Testing and Approval Scheme (HETAS).
Accountancy is computerised through the use of SAGE.

Expansion Potential
In the modern world, there are two main issues which affect us all: environmental pollution and economic uncertainty. This business is perfectly placed to take advantage of the effect that these two factors have as it offers products which not only reduce pollution but expenditure as well. There are limitless opportunities for increases in turnover and expansion of the product range as cutting edge technologies and new smokeless fuels are developed.

A new owner may wish to lengthen business hours and expand into complimentary products. The website is www.hstoves.co.uk.

The business has excellent opportunities to maintain its customer base, as clients will return for accessories, upgrades and repairs as well as generating new sales via referrals.