Successful, established Carpet & Floor covering business in a prime Birmingham location

West Midlands Business Advisors are pleased to present a high reputation, independent, established, successful Retail business who have established an enviable reputation for quality and professionalism since its inception over twenty years ago. The business supplies and fits a wide range of quality carpets, rugs and floor coverings.

 Our client is an established, family run, retail business based in Birmingham. The business has consistently delivered a healthy sales turnover and consistent profitability for many years. They deliver a wide range of carpets and an extensive range of other floor coverings predominantly in the midlands.

The business premises are situated on a busy high street with a good reputation in the Birmingham area. They have an established name locally, have an established supply chain along with a very capable team of professional fitters.

The company has a strong trading history which still has significant ability to continue to grow in turnover and profitability.

Brief Overview

The company is an established, high reputation, well-run supply and fit retail business with an excellent customer base. The majority of work is derived from repeat business and referrals from satisfied customers.

The business is based in a relatively affluent area, who are looking for quality products and a professional service from initial enquiry to having their chosen products fitted in their home. Their premises in a busy High Street are in a densely populated area of Birmingham in a high catchment area. They have many existing and prospective customers within a five-mile radius.

The business has always had a drive to be unique. They have the capability of supplying and fitting of all floor coverings for a complete home. The business has the ability to provide supply and fit to commercial projects. They have a very capable team and also have access to many local sub-contractors.

The business has a strong and diverse supply chain which enables them to offer a wide range of products to meet customer requirements and budget.

Executive Summary

Since its foundation, many years ago the company has established itself as a friendly and professional provider of high-quality products and services.

 The company has a wide satisfied customer base. The business thrives on a high volume of repeat orders.

 Their strong supply chain combined with their skilled fitters can find a solution for any prospective customers.

Post Completion – Handover and Training

One of the business owners is a trained commercial fitter, he has specialist skills across all areas of floor covering. His capabilities are beyond many local tradesmen.

The business owner is prepared to stay on for a period of up to 12 months to ensure the business continues to grow and prosper. This will also ensure that the new owner is a familiar face that is very credible and supplies and fits Quality products. The current business owner will provide training and share knowledge as appropriate.

Benefits to the Purchaser

-          A successful, established business with an impeccable trading history.

-          12-month handover to purchaser

-          Potential to boost sales through active online presence.

-          Embrace local networking scene.

-          Opportunity to duplicate and scale Geographically.

-          Based in a busy high Street with high density population.

-          Significant property investments which generate home improvement spend

-          Their team and associated sub-contractors have proven expertise in their sector and have many years of loyal service.

-          Majority of customers are repeat or are via referrals.

-          Strong established diverse supply chain

-          Excellent knowledge base in business

-          Well maintained property which is equipped to support future growth. The site has an approximate footprint of 1034sqft

-          Excellent relationships and history with Customers, Suppliers and their team

-          A consistent trading history over many years

-          Supply and fit a wide range of Carpets, vinyls, specialised products, real wood flooring, parquet flooring, laminates and much more.

-          Wide range of complimentary products available to support upselling.

-          Ability to supply bespoke products and finishes.

-          A position of strength in a growing market sector.

-          There is significant scope to attract new customers.

-          The shareholders wish to sell the entire share capital of the business.

This acquisition opportunity is suitable to a wide range of prospective buyers:

-          Owner of similar business

-          Complimentary to an existing Home Furnishings provider

-          Confident tradesmen that wish to embrace retail opportunities.

Annual Turnover - Over £300k

Consistently profitable