Well established Wood Burning Stoves Retailer Wholesaler Business For Sale

Lifestyle Wood Burning Stoves Retailer / Installer / Wholesaler Includes Stones and Reclaim / Salvage Business

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.

Financial Information

The business currently achieves turnover in excess of £746,000 per annum. Resultant Gross Profits circa £219,000 per annum. Net Profit before Tax £83,000 per annum. Typically the business carries stock with a value of circa £20,000. The business has low overheads and good profitability. There are several key opportunities available to a new owner to grow the business. The asking price is based on a cash free debt free scenario.