Much in Demand QUARRY, Extracting High Quality Jurassic Forest Marble Limestone
Location : Wiltshire
Asking Price : £249,000
Turnover : £150,000
Net Profit : £59,000
Gross Profit : £121,000
EBITDA : Undeclared
Net Asset : £38,000
Premises : Leasehold
Confidentially offered for sale
Gross Profit: £121,000
Net Profit: £59,000
Net Assets: £38,000
15 years established
Forward order book
Number one for quality in the UK
Turner Butler has been appointed to invite offers for 100% of the issued share capital of this long established friendly, family run business which specialises in using traditional techniques to create Cotswold Stone Roof Tiles.Business Profile
This quarrying business specialises in the extraction of high-quality Jurassic Forest Marble Limestone. They create a range of beautiful and attractive products. The stone from this quarry is used to make Cotswold Stone Roof Tiles, as well as producing stone for drystone walling, paving and rockeries. They have a constant stream of work as stone tiles are in high demand and always in short supply.
The business is unique in so far as it has permanent and continued demand for its product. A large percentage of projects are for churches, National Trust, English Heritage and listed buildings. They also supply a number of historic buildings throughout the country.
Customer service is paramount. This is proven by very long-standing relationships with architects, tradesmen and national organisations. They work very closely with skilled tradesmen to ensure customer satisfaction.
The business has been established for 15 years. Its main speciality is it`s highly sought-after Cotswold Stone Roof Tiles. The quality of the stone means there is very little competition.
Gross profit: £121,000
Adjusted net profit: £59,000
100% of the issued share capital of the company is being offered for sale on a going concern basis. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
The asking price of £249,000 is for 100% of the issued share capital of the company. Assuming net assets of approximately £38,000 on completion (calculated on a zero cash-zero debt basis).
There is a minimal advertising spend.
The current owner has highlighted the ease at which expansion could be achieved.
The day to day running of the business is from home. The rent and rates for the quarry amount to approximately £18,000 per annum.
If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.
If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at email@example.comTurner Butler Disclosure Statement
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