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BUSINESS REFERENCE : 8593 / RightBiz FREEHOLD BATHROOM & TILE DISTRIBUTOR IN NORTHERN IRELAND | | | | | | Bathroom & Tile Distributor Northern Ireland T/O: £2,200,000 GP: £582,000 well established, excellent location, huge future potential | | | BUSINESS LOCATION: | Undisclosed Relocatable NORTHERN IRELAND | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Home Accessories & Furniture Shops | | SALE: | Agent Sale | FREEHOLD: | £2995000 | | | | | | | | | | | BUSINESS DETAILS: | This bathroom & tile distributor is based in an excellent trading location in Northern Ireland. The business price includes the large freehold building, which is finished to a high standard with an impressive glass frontage, affording an abundance of natural light into the 3,500 sq foot showroom. It lies on a busy main road between two major centres of population and is highly visible to all passing traffic. There is excellent car parking facilities for approximately 30 cars and the staff car park benefits from a security barrier.
Bag A Business is delighted to offer for sale this extremely profitable bathroom and tile distributorship. The business was established by our client in 1970 and has seen turnover increase to its present level of £2,200,000 with a gross profit of around £582,000 and an extremely high net profit of around £300,000. Our client is offering this business to market in order to retire. The prospective purchaser will have the benefit of both experienced staff and management to help ease the transfer of ownership. The company offers tiles to the public and bathrooms mainly to the trade. They have exclusive sole agencies for Northern Ireland. They also import baths direct from Croatia, South Africa and China and tiles from Europe and Dubai. On the bathroom side they have around 150 retail customers throughout Northern Ireland and 5 major builders, who would regularly purchase from them. A new growth area is the supply of bathroom / en-suite pods, which are prebuilt and dropped into sectional buildings. Tile sales would represent about 20% of the business, bathroom suites making up the rest.
Bag A Business feels that this would be a great acquisition for a local company, or indeed a fantastic opportunity for a Southern Ireland or mainland based company to get a foothold in the Northern Ireland market.
PROPERTY DETAILS
Large, 6 year old, purpose built bathroom and tile showroom with huge warehouse. Brand new perimeter fencing, CCTV inside and out. ADT 24 hour security and Redcare security. Electronic gate system.
WAREHOUSE
2 hot air blowers
Sperrin metal shelving system
Tearoom
Staff WC
Energy efficient lighting
Electric roller shutter
Mezzanine floor with additional storage
3,500 sq mtrs
Forklift truck
TILE SHOWROOM
Main tile showroom with display systems to wall and centre floor
Customer W/Cs
Boiler room
Sink displays
BATHROOM SHOWROOM
Reception area with counter and seating area
1065 sq mts showroom
Large variety of bathroom displays
Suspended ceiling
Double glazed wide frontage
Main office
WC
Shower room
Kitchen
Director's office
EXTERNAL
Secure parking for 30 cars
Perimeter fencing
Electric gate system
Barrier to staff car park
OPENING HOURS
Mon - Fri: 8.30am - 5.30pm
FINANCIAL DETAILS
W/T: £42,300 approx
GP: 30%
TENURE
Freehold
Our client is also willing to sell the business on its own. | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 8593 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
