Here is an excellent extremely profitable, well established and highly reputable flooring company based in Dorset although the area covered could be expanded quite easily.
The company has built a strong local presence over a number of years supported by a loyal and repeat customer base. The company is showing similar year on year turnover. The seller’s discretionary earnings figure for last year was over £90,000.
The company currently operates from well positioned leased premises. The lease is held in the company’s name and currently runs until 2030. The lease can be renewed, subject to landlord’s approval.
The company has diversified into a number of different products which align extremely well with the core business, backed up by an established e-commerce website.
The company consists of highly skilled fitters and an extremely efficient and loyal admin staff.
The company specialises in carpets and vinyl from a number of well-known manufacturers.
The business would make an excellent bolt on to an existing flooring supply company, as well as a stand-alone business for a carpet or flooring fitter looking to branch out on their own.
The reason for the sale is due to the relocation of the owner. There will be a reasonable handover period.
The basis of the sale is on a cash free/debt free basis with stock at valuation.
