Bathroom Design Supply And Installation Business | | Radlett Hertfordshire | | HERTFORDSHIRE Bathroom Design, Supply and Installation Business Relocatable Retailer of leading bathroom brands Huge potential for growth due to local property development Business only - £50,000 Including SAV REF 0006 AV | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 71468
ADVERT IMPRESSIONS : 6,916 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Bathroom & Kitchen Retailers | | SALE: | Agent Sale | ASKING PRICE: | £50000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | BATHROOM DESIGN, SUPPLY AND INSTALLATION BUSINESS
RETAILER OF LEADING BATHROOM BRANDS
PROVIDER OF INSTALLATION, PLUMBING AND RELATED SERVICES
POTENTIAL FOR GROWTH DUE TO LOCAL PROPERTY DEVELOPMENT
LOCATION
Located in Radlett in close proximity to all the local shops.
HISTORY
Established 6 years ago and owned for 1 year by the current vendor.
REASON FOR SALE
Other business interests
RELOCATABLE HERTFORDSHIRE:
BUSINESS ONLY: £50,000 INCLUDING SAV
SERVICES
Providing a design, supply and
installation service for bathrooms.
5 teams of subcontractors undertake
all aspects of bathroom installation,
plumbing, electrics, tiling and
carpentry.
CUSTOMERS
Local residents in Radlett, Elstree,
Shenley, and St Albans.
Local property developers.
Local Builders.
SUPPLIERS
Leading brands and national
distributors include Simpsons,
Crosswater, Vanity Hall, Symphony,
Pura Bathrooms, Grohe, Vitra,
Kaldewi, Hib, Roper Rhodes, Acova,
Novellini, Daryl and Venetian.
STAFF
1 full time member of staff.
2 part time members of staff.
TRADING HOURS
10am 5pm (Mon Fri).
10am 4pm (Saturday).
Closed on Sunday.
FINANCIALS
Turnover £352,887 per annum.
Gross Profit - £87, 623 per annum.
Net Profit - £45, 231 per annum.
Vendor receives £5,000 per annum in
rent by sub-letting lock-up at back of
shop.
OVERHEADS
Staff - £6,000 pa
Rent - £19,000 pa
Rates - £11,000 pa
Electricity - £1,000 pa
PREMISES
Premises include a shop (the business
premises) and lock up that is sub-let
to a catering company by the vendor.
Parking is provided behind the shop.
The shop uses electricity only.
The premises are not a part of the
asking price of £50,000.
EQUIPMENT, FURNITURE,
FIXTURES & FITTINGS
6 Display settings with all the latest in
vanity units, shower enclosures and
baths.
Stock included in asking price is
valued at circa £7,000.
STRENGTHS
Selling leading brands at competitive
mid-market prices.
Offering an installation service and a
variety of other services (electrical,
carpentry and plumbing etc).
Excellent website promoting business
services and products.
SCOPE
There are a large number of property
developments being undertaken in
Radlett.
New owner can market to local
developers and builders.
New owner can promote services to
local population through online
marketing and advertising in relevant
publications.
VIEWINGS:
A non disclosure agreement will
have to be signed and returned
prior to any further information
and viewing
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: | 0006 AV / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
