Total of 18680 firms and businesses for sale today Sunday 17th October 2021
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Finance And Services:

Business For Sale. Relocatable Lapidary

LISTING DETAILS
Firms For Sale ID:
35156
Vendor reference:
IZ028
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£150,000  
Turnover / revenue:
£200,000
Net profit / cashflow:
£60,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Ref No: IZ028

Asking Price: £150,000 plus SAV

Location: Kent (Fully Relocatable)

Asking Price Includes:

Turnover c £200,000

Gross Profit c £90,000

Net Profit c £60,000 (Significantly Higher if new owner works the Business)

Over Ten Years Established

Very Little Competition

Introduction:

Turner Butler has been appointed to invite offers of purchase of this well established lapidary. This is an asset sale, the business currently operates within a larger trading company with the trading numbers clearly separated.

Business Profile:

The lapidary has achieved consistent year on year growth. They only assemble as stock is purchased readymade. They currently have only one UK competitor and enjoy a significant valuable customer base. They utilise efficient CNC machines which are fast and excellent at reducing material waste.

Customer Service:

Client satisfaction is paramount. This is borne out by long standing relationships with a loyal customer base. They have significantly improved the build quality over the years.

Key Strengths:

A very simple business model with little competition which can be operated from a
500 sq ft unit.

Asking Price:

This is an asset sale and the asking price of £150,000 plus stock is for this turnkey operation who`s trading figures are clearly documented. The current stock value is approximately £30k. Full and easy training is included if required.

Employees:

Current labour expenditure is very low and equivalent to 1.3 workers.

Reason for Sale:

Our client wishes to focus on and expand the larger element of their business which
is not connected to the lapidary.