Bathroom Retailer Supply and Full Installation Business For Sale

Business description

This family run company established over a decade ago provides a truly professional and high quality bathroom sale and full installation service catering in the main to the mid to upper range of the sector (typically £6,000-£12000 per installation). The company undertakes the whole bathroom project including all installation; tiling, joinery, plumbing and electrical. The business has a reliable team of Bathroom Installers who have years of experience backed up with the latest training and technical knowledge. Because of this the company can boast the fact that it has hundreds of satisfied customers throughout the South Cumbria, North Lancs and Furness area.

The company only install quality bathrooms by leading manufacturers. It has a very broad range of styles to suit most customers’ requirements. Suppliers include manufacturers such as; Kudos, Hatria, Laufen, Roca, Whirlpool, Merlin, Symphony, Victoria and Albert, Shades and Montrose furniture, and accessories by Damixa, Bisque Radiators etc.

The business has a modern new showroom in a well known location that features working displays including sunshowers, steamshowers, saunas and even a wet TV. This is a real selling aid and is one of the reasons why the business enjoys very high success rates, the other being the businesses reputation, which is why it receives very high levels of referrals.

Equipment:

The vendor is currently in process of upgrading the showroom . It provides an excellent showcase for the unique mix of manufacturers bathrooms and accessories the business provides. The business also has a fleet of 3 signwritten vans as well as an extensive range of tools and software programmes including AutoCad and Virtual Worlds .It also utisises Sage Accounting software.

Property information

Property:

Leasehold

Lease terms:

The premises are long leasehold (999 years). Current value is circa £175,000. The premises comprise a ground floor showroom with a small corner office area. Showroom space is circa 1200 square feet. There is also a storeroom to the rear (circa 350 square feet).The current vendor would prefer to sell the long leasehold but may also consider sub-leasing it should a buyer so require, subject to negotiation

Location:

The business is located on a modern mixed business park with parking and good access. The premises are long leasehold (999 years). Current value is circa £175,000. The premises comprise a ground floor showroom with a small corner office area. Showroom space is circa 1200 square feet. There is also a storeroom to the rear (circa 350 square feet). The premises are modern, have good signage and very prominently positioned close to the main road through the town. All services are connected. There is also a lawned area to the front of the building that is part of the lease. This could easily be converted to extra parking if so required.

The business also has a designated display area in an exclusive up market home design centre based locally which caters for the very latest in design and technology.

Furthermore there is a additional single storey storage site available.

The current vendor would prefer to sell the long leasehold but may also consider sub-leasing it should a buyer so require, subject to negotiation

Other information

Expansion potential:

As already mentioned the company is currently upgrading the showroom. As part of this it is putting in a kitchen display area due to the fact that it is consistently being approached by clients to undertake kitchen work. The business has already undertaken some work in this areas but this only accounts for some 15% of turnover at present. However it represents a new growth area for the business as does further database development and a more targeted and strategic sales and marketing campaign.

Competition / Market:

The business currently undertakes a limited level of advertising via local magazines. There are excellent opportunities to increase this and to develop the website further with a more interactive internet presence so as to enable online sales as well as to market the business more aggressively. The business is currently constructing a new website. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.

Support & training:

The current owners would be happy to provide full training and support at handover and be prepared to stay on for a period subject to negotiation

Reasons for selling:

The vendor wishes to go into semi retirement and fulfil a lifetime dream to build their own home.

Trading hours:

Monday – Friday: 0930-1700 Saturday: 1100-1600 Sunday: Closed