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Timber & Builders Merchant

Timber & Builders Merchant.
Supplier of timber, plaster board, fencing and heavy building materials.

Confidentially offered for sale
Ref No: EL005
Location: North London

Asking Price £495,000
This fast growing timber and builders merchants was established by the current owners in 1995. Since that time it has developed to be recognised as the leading supplier of timber, plaster board, fencing and heavy building materials in its locale, a busy area of North London.

The business turnover consistently shows annual growth in excess of 8%. Gross profits are climbing and are in excess of 28%. Pre tax profit in the current year is expected to be in excess of £100,000.

Operating from a circa one quarter of an acre yard with undercover storage for timber products and shop premises, the business enjoys a mainly cash sales trade with circa 500 regular customers. A small number of circa twenty account customers are serviced, with focus on credit control: little bad debt is experienced.