High Quality Bathrooms Supplier & Installer | | Undisclosed Cumbria | | CUMBRIA - LAKE DISTRICT HIGH QUALITY BATHROOMS SUPPLIER & INSTALLER Rural countryside location affluent & loyal client base with comprehensive range A/T: £385,000 GP: £118,000 Ideal bolt on for existing co L.H: £249,950 +SAV REF: 1094LA | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 64787
ADVERT IMPRESSIONS : 18,448 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Bathroom & Kitchen Retailers | | SALE: | Agent Sale | LEASEHOLD: | £249950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• Rural and picturesque countryside location
• Contemporary industrial estate
• Ample customer parking
HISTORY
• Established for 3 years by current vendor
• Immediate high levels of turnover and profits
• Vendor has built up a name and brand very quickly from inception due to diligent sub contractor selection and provision of very high quality products and installations
• Current vendor has a wealth of experience and many reliable contacts built up over 25 years
• Surrounded by extremely wealthy and affluent areas
REASON FOR SALE
• Vendor emigration
PRODUCTS
• Range of predominantly domestic, high quality bathrooms, tiles and accessories:
• Bathrooms
o Roper Rhodes
o Vessini
o Kaldewei
o Inda
o Clearwater
o B C Designs
o Vitra
o No Code
o Burlington
o Bette
o Silestone
o Ben De Lisi
o Dansani
o Vanity Hall
o Simpsons
o Crosswater
o Bauhaus
o Vado
o Brem Radiators
o Zehnder
o Bisque
o Gerberit
• Tiles
o Travertine
o Limestone
o Porcelaine
o Mosaics
o Slate
o Marble
SERVICES
• Bathroom design service
• Supply and installation service
• Full project management
• Local delivery service to the trade
CUSTOMERS
• Private and domestic clients
• Up market hotels, events establishments and the leisure industry
• Trade customers
• Building and construction firms
• Architects, plumbers and electricians
SUPPLIERS
• All stock supplied through a variety of trade sources with mature supply contracts in place
STAFF
• Vendors x 2
• Part time accounts x 1
• 1 part time driver
• All fitting work is sub-contracted out to highly reliable tradesmen
TRADING HOURS
• Monday to Friday 8.30am to 5.30pm
• Saturdays 9.00am to 3.00pm
FINANCIALS
• Annual turnover is circa £385,000
• Gross profit is circa £118,000
PREMISES
• Industrial unit circa 2,000ft2 spread over 2 floors
• Exceptionally well fitted out working bathroom displays
• Complete and comprehensive range of up to 30 fully fitted bathrooms
• Parking for up to 20 customer cars
• Beautiful countryside surroundings
STRENGTHS
• Contracts can be in the region of £5,000 to £180,000 (creating high net margins)
• High profile client base, servicing mid to high end/affluent clients and businesses
• Established very swiftly with recognised industry name
• Low overheads
SCOPE
• Opportunity to install multiple retail outlets in many affluent areas throughout the UK
• Installation of online enquiry system
• Very little marketing currently undertaken
• Significant opportunity to increase financials by introduction of sales and marketing strategy nationwide
TENURE
• Leasehold
• Original length: 4 years
• Remaining 3 years remaining (renewable)
• Rent £15,000 per annum
• Rates £8,200 per annum
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). | | | | | | FOR SALE | | | | | REFERENCE: | 1094LA / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
