Supplier Of Bathroom And Plumbing Products | | Undisclosed Northamptonshire | | NORTHAMPTONSHIRE TRADE & RETAIL SALES OF BATHROOM & PLUMBING PRODUCTS Town ctr location respected retail & trade supplier Professional website, solid & consistent financials A/T: £187,000 GP: 20% + Ideal opp for family business or partnership scope to develop L/H: £39,950 +SAV REF: 9924NN | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 58801
ADVERT IMPRESSIONS : 12,073 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Bathroom & Kitchen Retailers | | SALE: | Agent Sale | LEASEHOLD: | £39950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• Shop premises within mixed residential and commercial area
• Ample free parking in town with 2 allocated spaces to the rear of the shop
• Medium sized market town with population of 22,000
• Central location with wide catchment area
HISTORY
• Founded as plumbing supply company some 40 years ago
• Purchased by the vendor 27 years ago
• Considerable consolidation within the market place ensuring a reliable business
• Reliable repeat customer nurtured with excellent trade/retail split
• Extensive product range introduced
• Website created
• Currently run at a pace to suit lifestyle of vendor
REASON FOR SALE
• Retirement, although the vendor would be delighted to assist with a handover if required
PRODUCTS
• Bathroom suites
o Vitra
o Armitage
o Ideal
o Lecico
• Shower fittings and accessories
o Just Trays
o Kudos
o New Teams
o Aqua Lisa
o Manhattan
o Marflow
o Mira
• Taps
o Bristan
• Boilers and heating supplies
• Pipes
• All plumbing products to the trade and DIY market
• Electrical fittings
• Brassware
• Several thousand product lines in stock
SERVICES
• Advice and guidance to trade and DIY market
• Run as family business
• Able to source most requirements within 48 hours
CUSTOMERS
• Plumbing and heating engineers
• DIY market
• Trade/Private split is approximately 50%/50%
• 40 trade customers with 15 sizeable accounts
• Drawn from the town with considerable influx from hinterland
SUPPLIERS
• Accounts with around 25 suppliers
• Very active relationships with 8 wholesalers
STAFF
• Vendor
• 1 part time staff member (4 days per week)
• 1 casual staff member
TRADING HOURS
• Monday to Wednesday and Friday 7.45am to 4.30pm
• Thursday 7.45am to 11am
• Saturday 9am to Noon
• Sunday closed
FINANCIALS
Turnover
2010 £187,000
2009 £147,169
2008 £158,057
2007 £195,105
2008 £215,039
• Gross profit margin averaged 22% last 5 years
• Gross profit margin 20% 2010
OVERHEADS
Staff £11,279
Gas/Electric £1,313
PREMISES
• A two storey former residential dwelling converted to use as a showroom after the war
• Entrance lobby
• Showroom with racking and shelving appropriate to trade
• Sales counter
• Back office
• Kitchen/store
• WC
• 4 first floor room used for storage
• Side access leading to 2 allocated parking space in rear yard
STRENGTHS
• Established name in the locality and well known within the plumbing and heating industry
• Expert knowledge and advice offered
• Website with excellent domain name
• Excellent product range offered
• Trusted supplier contacts
• Very low overheads
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises. | | | | | | FOR SALE | | | | | REFERENCE: | 9924NN / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
