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Net Profit Manufacturer Of Cast Stone Products For Sale

Devon, UK
Asking Price:
£675,000
Turnover:
£1,046,000
Net Profit:
£200,000

Offered for sale is this robust, thriving manufacturer and retailer of cast stone products for sale into the construction, architectural and monumental masons business sectors.

The business has a healthy product mix that serves multiple markets and a diverse product range that attracts enquiries from across the UK. Based in the South West, the premises is superbly fit for purpose and the processes and procedures employed have been developed and refined over the last 30 years of our the vendor’s ownership of this company. Moreover, they have an un-patented USP which is highly relevant in today’s climate-conscious society. This business is a super example of raw materials being input into one end of the production process and finished product at the other end being loaded on to palletised transport lorries for delivery to the customers. It’s a slick process!

The business has always been under family-run ownership and employs around 16-18 staff members. The business is ready for acquisition by an entrepreneur who is ready to inject pace and energy into the business and ramp up the already-healthy profits that are being realised.

This is a retirement sale, with the owners available for a comprehensive handover period to the new owner.

Turnover £1.04m for FY 22 with £215k readjusted net profit.

Property Information

Property:

Leasehold

Location:

South West UK

Premises Details:

Leasehold. New long term lease available.

Business Operation

Expansion Potential:

Significant.

Reasons for selling:

Retirement

Employees:
18
Years established:
30

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner is open to sensible deal structures that work for all parties and secures the long-term future of the business.

Furniture / Fixtures value:
£90,000