Supplier and installer of bathroom furniture and sanitaryware
- Asking Price: POA
- 100% share capital
- Interested parties will be required to sign an NDA
- Tenure: Leasehold
***Open to sensible offers***
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.
The business offers a start-to-finish turnkey installation service, inclusive of plumbing and electrical work, tiling, carpentry and plastering, and it sells bathroom furniture on a supply-only basis for DIY-minded customers.
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 2019 standing at ~ £894k; advanced bookings already guarantee the buyer a £350k turnover and approximate profit of £50k-£60k upon completion; and 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.
- 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
- Possible expansion into online sales
- Scope for marketing improvements
- Potential to increase range of available services and products, e.g. kitchen installations
The business is run and managed by our clients with the help of 6 full time staff members & ad-hoc subcontractors.
Available upon request
The business is located in the South West of England.
The business occupies a modern, end terraced commercial unit, with ample parking within the proximity.
The showroom is very well presented and maintained.
- Windows and glazed door to front creating a light airy and inviting interior
- Generously proportioned showroom
- Cleverly designed to maximise the space available
- An impressive range of room sets displaying full bathrooms, shower cubicles,
- Desk, drawers, cupboards and filing cabinets etc.
We are advised the business is being sold on a Leasehold basis with 3 years remaining on the Lease, the rent is £625 per month.