Fast Growing Builders And Timbers Merchant For Sale In Central London | | Westminster London | | Fast growing independant Central London Builders & Timbers Merchant for sale with established Bath and Tile Centre. 48% increase in sales achieved this year through a well developed growth strategy. Huge potential to grow in the coming years. Lease to let or rent Fast Growing Builders And Timbers Merchant For Sale In Central London is located in London. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 58409
ADVERT IMPRESSIONS : 5,945 TIME(S) | | | | BUSINESS SECTOR: | Building / Construction | | TRADE TYPE: | Building / Construction Supply | | SALE: | Private Sale | ANNUAL RENT: | £33500 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | A successfully operating Timber and Builder’s Merchant located in the heart of London. It is a fast growing business that has been continuously expanding in the past three years.
The combination of the business’ location, wide range of products, together with a first class service offer has seen customers within the trade, commercial and private sectors mark it as their first port of call.
The sale of this business is a rare and unique opportunity - This is the first Builders and Timbers Merchants for sale in Central London in more than twenty years.
The business has enormous potential for any strategic buyer that wants to mark its place in the busy capital with unbeatable access to the custom of Mayfair, St. John’s Wood, Marylebone and Paddington. This is a perfect purchase for the right business such as a chain of tool shops or an established merchant looking for a central London trading position.
In a challenging economic climate, the business has managed to grow from strength to strength with a 48% increase in turnover in 2010 – a testimony to its operational success and an assurance of its future.
TOP 10 REASONS TO BUY THIS COMPANY
1. Fast Growing Business
XXXX is a fast growing business, achieving a 48% rise in turnover in 2010 and in its third year of double digit growth. This high growth is a remarkable achievement for any business but more so in the current economy. Further growth is projected for 2011 and 2012 due to the company’s well developed business strategy.
2. Unbeatable Location
The most central Builders and Timbers Merchants in London, only 5 minutes from Oxford St, Marble Arch. Being right in the heart of London, the operation serves the West End, Mayfair, Marble Arch, Paddington and Bayswater, Marylebone, St Johns Wood, and Maida Vale in minutes. Based just off the corner of Edgware Road and Broadley Street, the site benefits from a very high footfall – 195 people pass the site every 5mins.
3. Very Rare and Unique Opportunity
This is the first Builders and Timbers Merchants for sale in Central London in more than twenty years. The type of sites required to operate a merchant facility are just not available in Central London or are too costly to make them a viable option. All commercial business listings will show that builder’s and timbers merchants that have been for sale in the past few years are in outer boroughs where sites and rent are cheaper.
4. Low Lease
The current Rent for the site is only £33, 000 per annum exclusive (pax) for a 4200 sqft warehouse facility = £7. 80 per sqft. This rent is guaranteed for a further 3 years with only a small rise thereafter. The average rent per sqft in the area is £18, giving the site a rental value of £75, 600. THE LEASE THEREFORE IS 50% BELOW CURRENT MARKET RATE hence exceptional value for this rare site. This below-market rental value was achieved due to the current leaseholder undertaking extensive construction work to bring the site up to current trading standards.
5. Option to Buy Freehold
The site has been owned by the same family/landlord for more than 40 years and has been continuously Let over this period. The current leaseholder has secured first option to buy the freehold as part of lease terms. This option is transferable to the purchaser of the business.
6. Reputable Brand and Brand Development
XXXX HQ Ltd has spent considerable effort developing its brand. This brand has huge potential and other associated brands are now being developed as part of the company’s expansion plan that include:
o Bath HQ
o Kitchen HQ
o Loft HQ
o Garden HQ
o Tool HQ
7. Untapped Revenues
In 2011, as part of its growth programme, the company will be developing areas that offer new or further growth potential such as:
• Online sales, this will include tools, flooring, decorative cornices and sliding door mechanisms
• Garden HQ – the company has developed offices specifically designed for gardens. More and more people work from home especially in the affluent areas that the business serves. A prototype modular office has been constructed and is on display at the warehouse and will be used to generate sales in this market.
• Tool Hire and Electric Tool sales – the company has yet to commercialise sales of tools and has begun development of its ecommerce website. There is potential to expand and exploit our successfully established tool hire service offer in liaison with GAP Group.
8. Future Developments
the company's site sits in a regeneration area and is set to benefit from new developments underway around its operating facility. This includes a £2. 5 million investment to improve Church St Market which operates on the adjacent street. Other opportunities coming from the regeneration of the area will be the development of a Covered Market proposed to be built directly opposite the company's trading location
This will create a new indoor market which inturn will generate additional footfall and visibility to the business and as a result generate additional business.
9. Strategic Buy
The comapny offers enormous potential for any strategic buyer that wants to establish their presence in Central London. This is a perfect purchase for the right business such as a chain of tool shops or an established merchant looking for a Central London trading position. Such an acquisition would increase the size and profitability of both businesses overnight. It would enable potential buyers to take advantage of new economies of scale, and/or diversify into new trading areas. The buyer would also acquire a bigger and better customer base, and be able to cross sell additional services to existing customers. Savings could be made by merging delivery services and from bulk purchasing. The comapny has expanded its own operations with a similar acquisition and now operates from its mezzanine floor, a tile and bathroom centre that has been trading for 26 years in Central London.
10. Established Successful Business Operation with Huge Growth Potential
Above all other, and the primary reason to purchase this business is that it is already a successful business with combined turnover from both its businesses of approx. £578k and this turnover is set to grow over the coming years, making this business a multi-million pound one. There is no better time to buy this business. | | | | | | FOR SALE | | | | | REFERENCE: | 58409 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
