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BUSINESS REFERENCE : 8186 / RightBiz KITCHEN, BATHROOM, BEDROOM RETAILER IN SOUTH WEST | | | | | | Kitchen, Bathroom, Bedroom Retailer Very busy suburb 1 mile from city centre in sought after south west city T/O: £763,182 GP: 53% Designs featured in national magazines Mainly staff run Established 25 years Affluent area | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Bathroom & Kitchen Retailers | | SALE: | Agent Sale | FREEHOLD: | £390000 + SAV | ANNUAL RENT: | £195000 + SAV | | | | | | | | | | | BUSINESS DETAILS: | The business operates from premises in an exceptionally busy area and within 1 mile of a very sought after and affluent south west city. The city has a population in excess of 80,000 and enjoys excellent transport links with a main line railway to london, motorways and major trunk roads are also within easy reach. The business is in a busy suburb and surrounded by complementary businesses including a Post Office and convenience store and there is ample on road parking all around.
Bag A Business is delighted to offer for sale, this highly regarded business, which was established by our client in 1983, and has only come onto the market due to our client's wish to emigrate. Operating at the top end of the market, our client has expanded over the years to incorporate a one stop shop for bedrooms, bathrooms, flooring and studies as well as the core kitchen business. Our client's average order is £20,000 for a kitchen and £12,000 for a bathroom with many designs being shown in national magazines and supplier brochures. Our client does not carry out any advertising or marketing and business is obtained by recomendations, repeat trade or word of mouth, providing new owners an excellent base from which to expand the business. Currently the annual turnover is approximatley £800,000, with a GP of 53%. The business benefits from being offered on both a leasehold and freehold basis with a purpose built showroom. This is a rare opportunity to acquire a business, that has a great name within the industry. We therefore recommend an early inspection.
FINANCIAL PROFILE
A/T: £800,000 (approx)
GP: 53% (approx)
OPENING HOURS
Mon - Fri: 9.00am - 5.00pm
Sat: By appointment
Sun: Closed
ACCOMMODATION DETAILS
A substantial ground floor Victorian shop with extended showroom to the rear, in a busy suburb just 1 mile from this sought after south west city.
GROUND FLOOR
Entrance to first showroom
Large office area
Steps leading to extended showroom
Further office area
Conservatory to the side
Racking and shelving to suit trade
EXTERNAL
Ample free on road parking
TENURE
Freehold
Leasehold also available £195,000 + SAV | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 8186 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
