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Profitable Bathroom Showroom & Installation Business in Gloucestershire since 2005

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    07/03/22

  • Advert ID

    291719

  • Reference

    B06792 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £962,911 (£18,518 Per week)
  • Net Profit: £154,850 (17% Profit margin)

Business Details

Supplier and Installer of Bathroom Furniture and Sanitaryware

Business
Please quote reference B06792

Established in 2005, the company is a well-established and lucrative bathroom showroom and installation business that has achieved some impressive financial milestones over the past few years. The business prides itself on its personal and independent service, and throughout its 17 year history, it has gained a loyal customer base, as well as uniformly positive reviews on platforms such as Google.

Catering to the home-improvement market, the business offers a start-to-finish turnkey installation service in bathroom installations and renovations, inclusive of plumbing and electrical work, tiling, carpentry and plastering, and it sells bathroom furniture on a supply-only basis for DIY-minded customers.

The business has a lot to offer the prospective buyer: the home-improvement market has been remarkably buoyant, with turnover for 2023 above £1m. The business benefits from an established customer base and a knowledgeable management team. The sale also includes vehicles plus SAV.  

Looking to the future, the current owner has advised that there are considerable opportunities for growth: investing in the business’ marketing, expanding into other products and services such as kitchen installations, and venturing into online sales are all strategies that could fuel further growth.

Highlights - 

  • Turnkey business model
  • Personal and independent service
  • Very healthy financials
  • Well-presented showroom
  • Uniformly good reviews
  • In-place management team
  • Loyal customer base
  • Excellent customer care record
  • Good range of services offered
Opportunities -

  • Possible expansion into online sales
  • Scope for marketing improvements
  • Potential to increase range of available services and products, e.g. kitchen installations


Location
The business is located in the South West of England.



Premises
The business operates from a modern end- terraced commercial unit.



Tenure
We are advised the property is being sold on a leasehold basis, with 3 years remaining on the current lease.



Hours
The business trades all the year round.



Staff
We are advised the business has an experienced management team in place.

Further staffing information can be made available upon request.



Financial Profile
2023 Turnover IRO £1m  

  • 100% share capital
  • Interested parties will be required to sign an NDA
 



Read more

Contact Agent

Contact the seller for more details, or book a viewing

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.

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

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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.

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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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 'Supplier and Installer of Bathroom Furniture and Sanitaryware - B06792 / 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.