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JMW
John Andrews
03452 412494
[email protected]
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Would you buy this garden furniture business for £500k?
I recently saw this garden furniture business in Warrington listed for sale on a broker site.
The broker lists ranges for the key numbers, with turnover between £200k to £500k and net profit between £50k and £100k.
The business was established in 2003 and offers a unique product range of maintenancefree garden furniture.
It operates from a 4000 sq ft premises in Cheshire and has an ecommerce site from which 60% of all its sales are generated.
The vendor is selling due to retirement and wants between £200,000 and £500,000 for the business, to included £25,000 of fixtures.
So the question is, would you buy it?
Key details can make or break a deal... and I have spotted a few details here which raised questions.
#businessgrowth #businessacquisition #buyingabusiness