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1982-Established Northamptonshire Bathroom Retailer with £1m Turnover & Major Retail Contracts for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    06/11/15

  • Advert ID

    164164

  • Reference

    Z-2792-C / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £199,999
  • Turnover: £905,360 (£17,411 Per week)
  • Net Profit: £378,923 (42% Profit margin)

Business Details

Independent Bathroom Retailer, Supplying a Range of Bathroom Furniture and Offering Installation Services

Business
Please quote reference Z-2792-C

Established in 1982 and under its current ownership since 2007, the business is a family-run, “old-school” bathroom retailer that has become well-known within the local area. The business supplies a range of home-improvement products, with a particular focus on bathrooms and plumbing equipment. Catering to both a trade and domestic customer base, the business sells baths, showers, toilets, basins, taps, and copper and plastic fittings, and also offers an installation service.  

 

Boasting years of experience, this small but highly lucrative independent business has proved highly popular and has earned an impeccable reputation for competitively priced, high-quality products and its high standard of workmanship.  

 

The business has a number of significant gains to offer the prospective purchaser, including:  

  • An impeccable reputation, with a 4.5 Google Rating and uniformly positive reviews online; 
  • Ongoing contracts with two major retailers for whom the company carries out installations; 
  • Repeat trade;  
  • A prime trading location, on a main arterial road;  
  • Ample scope to expand, with potential to expand into kitchens or the growing world of e-commerce.  
 

Highlights;

  • An independent, “old-school” bathroom retailer with an established customer base and repeat trade;  
  • An impressive financial profile;  
  • Prime trading location; 
  • Ongoing contracts with two major retailers;  
  • Scope to expand.  
Opportunities;

  • Potential for significant marketing improvements;  
  • Opportunity to expand into kitchen sales;  
  • Opportunity to introduce a facility for e-commerce sales.  
 



Location
Located in the East Midlands. 



Premises
The eye-catching and ideally located shop can be acquired on either a leasehold or freehold basis, subject to negotiation.



Tenure
 Leasehold or freehold basis, subject to negotiation.



Hours
Due to the nature of the business, it operates all year round. 



Staff
Further information can be made available. 



Financial Profile
  • 2023 turnover IRO £799,000.
  • 100% share sale
  • Prospective purchasers will be required to sign an NDA




Read more

Contact Agent

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Independent Bathroom Retailer, Supplying a Range of Bathroom Furniture and Offering Installation Services - Z-2792-C / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.