Bathroom & Accessories Retailer and Installation Business For Sale

Business description

This business was established in 2005 by the Vendors with a generous combination of innovative insight and entrepreneurial spirit and has grown since to become a significant enterprise with a reputation for the quality and variety of its products, brands, service and reliability.

The business retails most of the main manufacturers of bathrooms and an extensive collection of luxury bathroom and plumbing accessories to both the general public and to trade suppliers and installers. The portfolio stretches across the spectrum from the traditional to the highly ultra-modern and contemporary.

The business has consolidated an enviable position in the region since it has established its business operations around the installation of bathrooms and accessories that they supply only and have not found the need to extend the installation service as a separate concern. This clarity has proved successful in establishing trust with customers and enabling them to make a purchase decision based upon the whole service from variety in product to completion of their bathroom.

It is significant that this business has made such success of retailing the higher added value products and brands that it maintains exclusive contractual relationships with many of them and as a result often supplies these specific products to other retailers and installers, unable to establish a trading relationship themselves.

Property information

Property:

Leasehold

Lease terms:

Annual rent for the property is charged at £7,750 per annum inclusive of a small business discount. Rates are charged additionally at £1,800 per annum.

Location:

The business operates from leasehold premises in an affluent Kentish village high street. The premises measure circa 900 square meters and the shop is beautifully fitted displaying many state of the art bathrooms.

Annual rent for the property is charged at £7,750 per annum inclusive of a small business discount. Rates are charged additionally at £1,800 per annum.

Other information

Expansion potential:

The current market for this business’s products is stable and is forecast in the longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.

Competition / Market:

The business has used advertising in the past and there are excellent opportunities to widen this activity and to consolidate an Internet presence to market the business more aggressively and to significantly increase turnover. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation. This has resulted not only in sales but also in the offer and production of a company brochure and an informative and attractive website.

Support & training:

Full support, training and handover will be provided to the successful purchaser.

Reasons for selling:

The current owner wishes to emigrate following the sale of the business.

Trading hours:

9.00 am - 4.00 pm Monday – Friday 9.00 am – 2.00 pm Saturday