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Fri, Feb 28 2020 07:42:22 AM  |  /

Much in Demand QUARRY, Extracting High Quality Jurassic Forest Marble Limestone

Business Id:000383     |    Reference: ET035
Leasehold Price:
£249,000.00
Business Description

Much in Demand QUARRY, Extracting High Quality Jurassic Forest Marble Limestone
Ref. ET035
Location : Wiltshire
Asking Price : £249,000
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.

 
Business Information
Turnover:£150,000.00 Annually
Profit:£59,000.00 Annually
Property Status:   Leasehold
Is this business relocatable: No
Business Sector: Construction businesses, Other Manufacturing companies, Tile Shops, Building Services, Stonemasons Businesses
Statistic Information
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Business Profile
Equipment:
Key strengths: 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.
Key Opportunities:
Financial performance: Turnover: £150,000 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.
Asking Price: 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).
Advertising and Marketing: There is a minimal advertising spend.
Growth and Expansion: The current owner has highlighted the ease at which expansion could be achieved.
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