Retail, Yorkshire, Yorkshire
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Adjusted net profit in excess of £217,000
- Retirement sale - Scope for enthusiastic new owners to further grow and develop the business
- Operates from a site of approximately two acres
- Serving both the wholesale and retail markets
Description
Ernest Wilson are delighted to bring to market this long established and highly profitable firewood retailer and wholesaler. The business was established by our clients in 2013 during which time it has developed a strong reputation with loyal customer base - in the last 12 months almost 1,200 individual customers were served. Our clients are now seeking to retire, presenting a wonderful opportunity for enthusiastic new owners to further grow and develop the business, building on the already strong foundations here. At present the business only operates within a very small radius of its base - tremendous scope to expand coverage and boost turnover and profitability.
The business currently operates from a site of approximately two acres of Yorkshire farmland, close to major road links and ideally located to enhance customer reach. Our clients own the freehold interest and will be prepared to offer the site on a new lease with sensible rent (subject to references). Alternatively the business could be relocated if so preferred.
At present the business trades in easy hours over six days and is operated by our clients and small team of staff. Annual turnover on accounts to 31st March 2024 was £604,886 and produced an adjusted net profit in excess of £217,000 prior to Directors’ remuneration and pension contributions. The business prides itself on providing high quality locally sourced wood - either seasoned or kiln dried in a variety of bag sizes, serving both the wholesale and retail markets.
Stock £80,000. EPC Exempt.
About Ernest Wilson & Co Limited, EW Leeds
The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG
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Notes
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