Established Bathroom and Kitchen Shop For Sale

Business description

Well established Kitchen & Bathroom Sales, Design & Installation business. Operating in a very affluent area of Middlesex. Established by previous owner in 1961.
We do some advertising, but mostly our sales are via word of mouth/referrals. We enjoy a very good reputation in the area & a strong client base.
We also have a VERY good diary for confirmed bookings. At present our diary/waiting list is 8 to 10 weeks, with quotes being carried out daily!

This business has now been reduced in price to £75,000.00 inclusive of all stock, fixtures/fittings, work in hand & goodwill.

Property information

Property:

Leasehold

Lease terms:

15 Year lease, 12 years remaining. Possible to purchase Freehold.

Location:

Prime location, (just off busy high Street). Lots of passing trade, next to busy bank, nearby station. We currently have 10 Bathrooms, Bathroom accessories, mirrors, taps etc. situated on the ground floor display areas. Our 6 Kitchens, including taps, work tops etc. are on display to the first floor.

Other information

Expansion potential:

There is fantastic scope to expand this business. We currently run an emergency Plumbing & Heating service. There is scope for this to be VERY lucrative with the right management.
We have a loft area which can be used as offices, (for expanding the Plumbing/Heating side of the business).

We are currently having a web site constructed. We received a lot of leads from our first web site, which prompted us to build a bigger & better site.

Competition / Market:

Some compitition nearby, but we are located in a far better position, with easier, free, parking & much more passing trade, (In our opinion). We also offer a kitchen & bedroom sales & installation service, with several, up to date kitchens/Taps & Worktops on display.

Support & training:

Support is offered during transitional period. Any ongoing advice/support will be given, (details to be agreed).

Reasons for selling:

Genuine, selling due to ill health.

Trading hours:

Mondays, Tuesdays, Thursdays & Fridays 8.0 am till 5.0 pm. Wednesdays 8.0 am till 2.30 pm. Saturdays 10.0 till 4.0 pm closed Sundays.

Furniture / Fixtures value:

£4,000 (included in the asking price)

Inventory / Stock value:

£25,000 (included in the asking price)