For Sale
Well established Fireplace services business for sale
Preston, Lancashire
- Asking Price: £24,999 +SAV
-
Turnover:
We are advised as per the 2021 accounts, the business generated a turnover in the region of £225,000, with an adjusted net profit in the region of £25,000. Full financials can be made available upon further request.
Please quote reference B06933
- Tenure: Leasehold
Please quote reference B06933
Hilton Smythe is delighted to present to the market one of Lancashire's most established and highly regarded new fire and fire surround businesses.
Interdec Fireplaces was established by our client over 35 years ago who is now looking to sell his successful business to allow him to now retire.
Interdec Fireplaces provide beautiful fireplaces in both traditional and contemporary designs.
The showroom located in the centre of Preston offers gas, electric and solid fuel models with a large selection of fires, fire surrounds and hearths.
Fires available include -
- Gas fires
- Gas stoves
- Hole in the wall gas fires
- Solid fuel stoves
- Electric fires
- Electric stoves
- Cast iron fireplaces
- Custom built marble
- Custom built stone
- Custom built timber fireplaces
Key brands include -
- Cast Tec
- Burley
- Newman
- Flamerite
- Nu-Flame
- Verine
- Dimplex
- Valor
- Elgin & Hall
Majority of the business comes from both word of mouth and recommendations.
We believe any new owner would have the opportunity to grow the business by introducing any of the following -
- New updated website
- Social media presence
- Local advertising campaign
- Increasing current staff team - including introducing inhouse installers
- Increasing current range - Media walls for example
- Extending current opening hours
Key selling points -
- Very well established
- Opportunity to expand
- Low rental terms
- Zero business rates
- Large showroom stock (approx £30,000)
- Excellent relationships with suppliers
Our client currently runs the business by himself with the help of a loyal team of self-employed installers.
The business hours are-
Monday – Closed
Tuesday – 9:30am – 5:00pm
Wednesday – 9:30am – 5:00pm
Thursday – 9:30am – 5:00pm
Friday – 9:30am – 5:00pm
Saturday – 9:30am – 3:30pm
Sunday - Closed
Interdec Fireplaces occupies a much sought after trading location within Oystons Mill in Preston, Lancashire.
Oystons Mill houses a large number of units available for light industrial, office and storage space as well as new businesses or sole traders looking for affordable commercial premises.
All units are housed within a secure mill building with free staff/customer parking on site.
Strand Road links to both the A583 and A59 which acts as the main route into the centre of Preston and the nearby M6 motorway.
This part of Preston is a key footfall driver offering an excellent choice of fitness facilities, supermarkets, car garages, home decor and DIY stores, schools and community housing as well as being just minutes away from Preston Marina.
Preston is a major city located in Lancashire with excellent motorway links, University and access to the River Ribble.
Nearest mainline station is Preston.
Ground floor showroom -
- Large open plan space with several display areas
- Customer consultation space
- Office area
- Shared toilet facilities
Tenure
The business is being sold on a Leasehold basis, with the current lease on a yearly rolling agreement. The rent is £1,005 per month.
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Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
