Expand Your Portfolio with a High-Quality Stone Masonry Business in East Sussex
Saint Leonards, East Sussex
- Status
FOR SALE
- Date Submitted:
22/01/24
- Advert ID
605405
- Reference
B07766 / Rightbiz
- Call Agent:
- Leasehold: £190,000
- Turnover: £492,022 (£9,462 Per week)
- Net Profit: £45,257 (10% Profit margin)
Business Details
A Premier Stone Masonry Business For Sale
BusinessPlease quote reference B07766
CoGoGo welcomes to the market a highly rated Marble countertops business that designs, manufactures and fits a wide range of marbles for rof Marble, Quartz, Limestone, Slate & Quartz.
Marble 2 Marvel Ltd, established in 2003, is now on the market due to the owner’s personal reasons. Known for its high-quality design, installation of bespoke stone including Granite, Marble, Semi-Precious Limestone, and Quartz, this business has built an outstanding reputation in both commercial (60%) and domestic (40%) sectors.
They work in collaboration with some of the most well established carpentry and joinery companies on highly prestigious developments and have worked on many prestigious projects including Sushi Samba, The Royal Albert Hall, Selfridges on Oxford Street and the Dirty Martini Bars in Hanover Square, Covent Garden, Clapham, Islington & Cardiff.
They're an independent, family-run company and don't outsource anything.
The business showcases a strong web presence through their website and has immense potential for growth, especially by increasing advertising and expanding its catchment area.
Key selling points -
- Outstanding reputation with significant word-of-mouth recommendations and repeat custom.
- Ample scope for business growth and expansion.
- Reliable and experienced staff in place.
- Owner willing to offer a handover period to ensure a smooth transition.
Location
Situated in a strategic town/city location, Marble 2 Marvel Ltd benefits from being in an industrial setting, making it ideal for large-scale projects and easy accessibility for clients.
Premises
The leasehold property includes a large industrial workshop, offices, a kitchen, and a WC. All located on the ground floor, it provides an excellent base for both the administrative and practical aspects of the business.
Tenure
We are advised that this is being sold on Leasehold basis, currently on a 5 year lease. The rent is £25,000 per annum.
Hours
Operating hours are Monday to Friday - 9:00AM to 5:00PM.
Staff
The business is staffed by a reliable and skilled team, crucial for maintaining its high standards and reputation.
Financial Profile
- Turnover - Circa £490,000
- Gross Profit - Circa £210,000
- Net Profit - Circa £45,000
- Year of accounts - 2023
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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