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This business presents an opportunity to acquire a well established plumbing merchant trading from well equipped premises. Genuine business only being sold due to ill health of proprietor.
We understand that current takings approximate £300.000 per annum with the last VAT return showing over £90.000 turnover; a detailed analysis would be available to serous applicants who may see credit card receipts.
The current vendors have recently invested considerable funds in upgrading the premises and equipment with resulting increase in turnover and profitability. Further potential is available to increase takings by employing more staff and extending opening hours.
TENURE:
Leasehold. 12 years remaining on renewable lease at a rent of £20.000 pa. next review in 2 years.
Rent £20.000 per annum
Rates: £5.000 per annum.
For more information about this business for sale, click the Contact Seller button.
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