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A long-established (2001) and on-going reputable company is for sale.
High Street bathroom showroom in high-income and prosperous area of London undertaking bathroom and kitchen fitting and a wide range of other building work.
Very experienced team of fitters give exceptional results.
Showroom near an underground station on a busy road surrounded by high-value houses, flats and client base of high-income professionals.
A high reputation locally underpins our continued success and prosperity.
Bathroom showroom attracts clients wanting “design, supply and fit” complete bathroom projects. It also attracts clients wanting other building, design and/or refurbishment jobs.
We do not need to advertise. No social media or digital marketing (except simple website and Google). Our clients for bathrooms, kitchens and home alterations come from word of mouth, recommendations or familiarity with our high-profile showroom or leaflet. Many previous clients come back to us with repeat business. Most of our clients live within one mile of our showroom.
The ideal purchaser will be seeking a successful on-going business which they can take over and continue running.
We are prepared for a handover period to help the new owner understand the operation of the business.
Annual turnover: £562,000
Average annual turnover for past three years: £491,000
Profit before tax, depreciation and interest paid: £107,000
Average annual profit for past three years: £92,000
Sale of this well-established business includes:
• Legally-formed limited company with all taxes and VAT paid
• Company accounts and records at Companies House up-to-date
• Leasehold retail showroom with all high-end bathroom displays and office with design area and all equipment.
• On-going and future contracts at time of sale
• All our tools, equipment and materials for general builders
• Two Ford vans
• Introduction to previous clients
Company sale due to owner retirement. All business, leads, clients etc will be handed to new owner.
If interested please contact the seller through the form on this page.
Busy road near underground station in high-value part of London with free parking
Leasehold. All modern facilities (eg security grill and CCTV, modern BT Cloud phone system with Dell computers, large and small format printers, kitchenette and WC, showroom TVs with looped playing, modern lighting, desk space for three).
Two possible routes for expansion as currently operating. First: our recent agreements with manufacturers enables us to lower retail prices for bathroom items and compete with multiple-outlet retailers and websites. Second: to undertake more home refurbishment design-and-build projects for the local client base or to extend that base further than the existing radius of about one mile.
No local competition.
Retirement: genuine retirement sale.
Monday to Friday
Handover period with training in all aspects of the business as required.
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