Financial Details
Asking price: £75,000
Sales revenue: £143,700
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: £25,000

  • Photograph of this business for sale

Business Description
We are pleased to have been instructed to offer to the market this very well established monumental masons, which has been trading successfully for the past seventeen years.

The current vendor has been in ownership since it's inception and is selling due to retirement plans.
The business offers an extensive range of Memorials in a wide range of stone types. They can be made to any specification desired by the client, earning the company a reputation for high standards of customer service.

Much of the standard stone is bought in from UK import suppliers, keeping the general cost of the item down to an affordable level.

Most Memorials supplied by the company feature sand blasted lettering, finished in either enamel paint or gold leaf.

The business is unique within the local area in also being able to offer machine cut lettering, hand cut lettering and lead filled lettering where required.

Bespoke ornamentation is also available, either hand carved or sand blasted and painted.

The company also provides a specialist cleaning and restoration service to its customers, widening value to its surrounding customer base considerably.

The company’s customer base is all over Lincolnshire, much of which is derived by an excellent reputation leading to word of mouth recommendation.

The business employs an excellent website which is an added tool to attract customers.

The public part of the premises are beautifully presented with a large front showroom and rear consultation room, all decorated and laid out to exacting standards.

The business is staffed by 2 full time and 1 part time employees plus the owner as and when required.

The business has healthy gross profits and a steady turnover.

The business was actually valued at a higher rate but due to the owner’s personal reasons for selling, this has been lowered for a quick sale.

We are advised that stock at cost is approximately £25,000


DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through broker. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
General Information
Years established:17
Employees:2 full time and 1 part time plus the owner as and when required
Trading hours:Mon, Wed - Fri: 9am – 5pm Tues: 9am – 8pm Sat: 9am – 12 noon
Property:Leasehold
Lease terms:TENURE: Leasehold Original lease: 6 years Remaining lease: 5 years Review every: 3 years Rent: £14,676 We are advised that the annual business rates are currently: £2,500
Location:The business benefits from its positioning which is conveniently located on an industrial estate with adequate free parking, just off a main road by the centre of a historic Lincolnshire town.

The town is central to this county, giving it a focal point for all customers within the area.
Premises Details:The business consists of 2 single storey work areas.

The Public Area
• Front showroom
• Rear Showroom / Consulting area
• Office for general administration as well as preparation & cutting of stencils
• Kitchen area
• W/C

Interconnecting passage to the workshop including doorway to rear yard

The Workshop
This is split into several connecting areas and comprises:

• Main dry workshop used for preparation & finishing of Memorials before & after sand blasting
• Delivery & Storage area
• Sand blasting & stone cutting area –also includes storage of concrete foundations
• 2 x W/Cs
• External access to workshop via 3 sets of double doors along the side of the building

External
• Paved to the estate roadway
• 3 Parking spaces at the front for customers
• Ample car parking outside the workshop

Equipment:
• Pallet truck
• Compressor
• Dust free Sand blaster
• Bench saw
• Wall mounted core drill
• Hand held polishers & grinders
• Delivery van
• Vinyl cutting plotter & 2 masonry software applications

The office is equipped with 2 computers, printers, scanner, digital camera, desks and paperwork storage.
Competition / Market:None
Reasons for selling:It is worth noting that the business was actually valued at a higher rate but due to the owner’s personal reasons for selling, this has been lowered for a quick sale.
Related documents:PDF document iconSales Particulars

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