Total of 18756 firms and businesses for sale today Sunday 20th October 2019
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Finance And Services:

Business For Sale. Leading Natural Stone Supply Company Sourcing/processing/distribution

LISTING DETAILS
Firms For Sale ID:
35057
Vendor reference:
GD119
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£1,050,000  
Turnover / revenue:
£1,100,000
Net profit / cashflow:
Undisclosed
Years established:
20
Trading hours:
Monday – Friday 07.00 am - 17.00 pm
Number of employees:
6
Employees / staffing:
One of the directors works full time in the business and is responsible for day to day operations. Another director works part time and is responsible for finance and administration. The business employs 3 full time staff (production, sales and customer services) and 3 part time staff to support these functions.

OTHER DETAILS
Reason for selling:
The current owners have achieved what they set out to with the business and have decided to pursue other business opportunities.
Support and training:
The current owners will provide all necessary training and handover ensuring a smooth transfer of the business to the new owners.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Leading Natural Stone Supply Company
Sourcing/Processing/Distribution
Ref. GD119
Location : Aberdeenshire,Scotland Relocatable
Asking price: OIRO £1,050,000 (including net assets circa £410,000)
This company specialises in supplying the highest quality natural stone products, offering a complete turnkey solution to its customers from sourcing, through to processing, design and final distribution and delivery. The business can source a huge range of stone and stone related products (tiles etc.) whether they are for interiors, masonry, paving or landscapes and has a “can do” attitude when it comes to meeting customer requirements.
This hugely successful family business was established well over 20 years ago and has experienced impressive growth and profitability since inception. The company is now one of the leading suppliers of natural stone products in the UK and has built a very desirable customer base throughout the UK spanning many different market sectors. Customers include building trades and construction companies, civil engineering companies, garden and landscapers, groundwork companies as well as distributors to these markets, not to mention end users and some domestic retail clients.
The business has some 500+ active customers spread throughout the UK, in addition to a much larger database of less regular customers, the majority of whom are commercial entities operating in the sectors already mentioned above.
The expertise within the company allows it to provide stone products for a large range of requirements. The business has invested in infrastructure to process, design and manage each requirement from start to finish meeting specific customer requirements. A professionally designed website allows potential clients to view samples and receive expert advice on suitability of products etc.
This is a very well managed business, with all the systems and processes set up to meet significant demand from its wide ranging customer base. With turnover in excess of circa £1 Million for the current year and gross profit margins above 50% (based on management accounts for the first 6 months of 2019) this is a highly profitable business model. As such it should appeal to any existing natural stone company looking to acquire a leading competitor, a company serving complementary markets or any buyer looking for a very healthy return on investment through acquisition.

Market / Competition / Non-Competition Agreements
The business undertakes a variety of marketing activities and promotion including:

Website
Direct Mail
Leaflet dropping
Telesales

It also has a suite of comprehensive brochures which are of great use to its customers.

The large database of account clients has been built up largely by word of mouth as a result of the business’s excellent reputation. Although continued growth is achievable by following this model of expansion, there is a definite opportunity to rapidly increase turnover and profits by investing in a more aggressive marketing strategy. This would serve to maximise the returns from the acquisition of an established, trusted brand name.