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Extremely Profitable Bathroom and Kitchen Supply/Installation Company For Sale

Essex, UK
Freehold Price:
£607,000
Leasehold Price:
£182,000
Turnover:
£603,000
Net Profit:
£87,000

Here is an excellent opportunity to acquire a well-established Bathroom and Kitchen showroom, established for over 27 years in supply only or supply and installation.

The Company is based in Essex. The Company has an excellent reputation for quality and professionalism.

The company has over 4,000sq feet of showroom displaying high-spec Kitchens,
Bathrooms, Tiles etc. The company can be purchased on either a freehold or leasehold
basis, as the business owner also owns the property.
The property has been valued at £425,000.
If the business is purchased leasehold, the starting rent will be £35,000 p.a.

The company is an independent retailer with no ties to any particular company.

The Company candesign and carry out installations from start to finish.

The company also supplies to trade and non-trade customers, but has no online shop as such but this could be an option for expanding the business.

The company has an excellent and reliable workforce.

This is a stand-alone business, but it would also make an ideal addition to an existing bathroom and kitchen installation company.

The reason for the sale is due to retirement.

The stock will be sold at valuation and is estimated at £50,000.

The basis of the sale is on a cash-free or debt-free basis

Property Information

Property:

Available as freehold and leasehold

Other Information

Leasehold asking price:
£182,000