Bathroom Design and Installation Business with Showroom For Sale

United Kingdom


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This business is marketed by

Anderson Moore View more business for sale by this agent

Location:

             United Kingdom - Midlands

 Price:

             £175,000

Sales revenue:

£650,000

Net profit:

£50,000

Business description

This is the sale of a long-established and highly regarded retailer of luxury bathrooms, wet rooms and hot tubs located in the Midlands area.

The company trades from superb showroom premises which are available to rent on a new lease or available to purchase on a freehold basis.

Offering a reputation spanning 30+ years of trading the business comes with a huge base of satisfied customers, many of whom come back for new installations and upgrades.

This business offers design, design and fit and/or supply only from a range of quality suppliers. There are several qualified installation teams plus showroom sales and design staff who use modern software and CAD systems for quoting and design.

Whilst the main trade has always been in bathrooms and this continues to grow, the business also offers supply and fitting of hot tubs and saunas and is beginning to tap in to the grey and disabled market as well. All areas continue to offer growth prospects for the company and the 4,000 sq. ft showroom will enable the business to expand well beyond current levels of turnover and profitability.

Our client is seeking retirement and is looking for a suitable buyer to acquire the business and continue to look after the customers and staff and grow the business. He is very happy to provide a handover period.

Property information

Property:

Leasehold

Lease terms:

The property is owned by the vendor and is available to rent on a new lease or alternatively can be acquired freehold for £350,000.

Leasehold rent:

22,000 per annum

Location:

Midlands UK

Premises details:

4,000 sq. ft showroom building, single story with external display space. Offices and ample parking.

Business Operation

Expansion potential:

Potential exists for growth within all business areas. Also the vendors have not explored the additional potential of online sales.

Employees:

5

Other information

Support & training:

The vendor is keen to see the business transferred seamlessly to new owners and will be happy to provide support and handover as part of the sale agreement.

 


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business information

Sale price: £175,000
Turnover: £650,000
Net profit: £50,000
Tenure : Leasehold
Status: Available
Sectors:
Bathroom & Kitchen Retailers
Bathroom Retailers
Hot Tubs Spas and Swimming Pools
Kitchen Retailers
Other Retail businesses
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