Latest News from Everett Masson & Furby
The EM&F Cardiff & South Wales Office were delighted to once again visit the beautiful Vale of Glamorgan in order to call on their clients 'Johnsons the Goldsmiths' and let them know they were the lucky winners of the London Luxury Weekend. The competition had been open to business owners who commissioned EM&F to sell their business; the winning entry was independently drawn by Helen Birtwistle of Travel Counsellors.
EM&F are delighted to bring to market the established highly regarded jewelle…
With considerable success experienced with the sale of a variety of internet businesses over recent years, both large and small, warehouse based and home based, EM&F were pleased to take instructions recently in the sale of a thriving e-commerce business operating in the Health & Fitness Sector. The business had been established by our client some 10 years earlier and had grown steadily into a thriving and profitable concern. However, with other interests and the business becoming more demandin…
In the current economic climate quality businesses priced correctly will sell - as did Canterbury Marquees through the Kent & Sussex office of EM&F Group. Would-be purchasers are looking for value for money. There are lots of businesses for sale out there but, if your business is over priced, potential buyers will not even come through the door. Remaining on the market for months on end, the business will become ‘stale’ and potential buyers might even assume there is a problem with the business…
The commercial finance market is a different place due to the credit crunch and the recession reports Phil Gray, Managing Director, Watts Commercial Finance Ltd:
"Contrary to what the press would have you believe the financial world is still turning, just on a slightly different axis"
So what did Phil mean? Simple the banks are still lending, but the world is a different place to that of 2007 and before.
Gone of the days of wild lending, little regard to affordability and a blind eye being t…
Following on from the 'Mustard & Coffee Winning Combination' article contained in the previous newsletter EM&F are delighted to have been instructed in the sale of one of Norwich's original and respected coffee houses – Logan's.
Logan's enjoys an absolutely prime location in the historic "Lanes" at the heart of the bustling and ever popular city of Norwich, being close to the Castle Ramparts. Now presented as a modern air Conditioned Coffee Shop/ Sandwich Bar Logan's has evolved into one of th…
The EM&F Group continue to see activity in all sectors, whilst some sectors are more popular than others the one aspect that stands out is no matter what sector a business is in, if it is quality well presented and priced correctly then it will receive interest. Looking at what has sold in the various sectors and comparing to 2011 there are a number of 'Movers', 'Non Movers' and 'Fallers' to include a few surprises:-
The 'Movers' include Bakers & Butchers, there are less on our streets these d…
The news on Post Offices just continues to get better for the EM&F Group, firstly there was the welcome news for the industry as a whole with the Post Office retaining the DVLA contract in respect of Vehicle Licensing (Car Tax Discs). Secondly the North West Office of EM&F was pleased to report the successful completion in quick succession of 2 Post Offices in November.
During the month the keys of Llangernyw Post Office, Nr Abergele, North Wales, were handed over by outgoing subpostmaster Mar…
You may be wondering what Mustard & Coffee have in common, well EM&F are offering prospective business purchasers the opportunity to acquire a little piece of history in the form of the Mustard Coffee Bar contained within the original Colman's Mustard Shop situated at the very heart of Norwich's Historic City Centre. Colman's Mustard is one of the oldest existing food brands, The Mustard Shop opened in 1973 prior to re-locating elsewhere in the City in 1999 and paving the way for the Mustard Co…
EM&F Business Finance, the commercial mortgage arm of Everett Masson & Furby, can confirm with certainty that there is a healthy appetite among commercial banks to lend for the purchase of a wide range of different businesses including not only freehold and leasehold based but also internet operations.
This statement may well seem contradictory to the usual mantra that "the banks aren't lending" but our experience is that professionally presented proposals are being strongly supported on compe…
EM&F were delighted to have taken a stand at the newly named Independent Retail Show (formerly CTN World) organised by the National Federation of Retail Newsagents (NFRN).
Held towards the end of October at its also new location – the NEC, Birmingham, the show was well attended and proved a huge success with substantial numbers of newsagents, convenience store owners and subpostmasters attending the show and visiting the EM&F stand for a variety of discussions.
The show with its free entry of…