Bathroom & Accessories Retailer and Installation Business For Sale

Business description

This family run business offers a fully inclusive service for design, fitting and tiling and was established in 2001 by the Vendor with a generous combination of innovative insight and entrepreneurial spirit, having now grown 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 having 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.

Property information

Location:

The business operates from leasehold premises in an affluent area in Essex. The premises measure circa 3,000 square feet and the shop is beautifully fitted displaying up to 60 state of the art bathrooms.

Annual rent for the property is charged at £31,200 per annum inclusive of rates and electricity. Currently the remaining lease has five and a half years remaining, but the vendor informs us that the building has recently been bought by someone new and he is more than happy to offer an ongoing lease.

There is currently five and a half years remaining on the existing lease, with annual rent for the property charged at £31,200 per annum inclusive of rates and electricity.

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. Current advertising is undertaken through local press and the Yellow Pages. The company has an attractive glossy brochure, detailing all products and services.

Support & training:

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

Reasons for selling:

This is a genuine retirement sale.

Trading hours:

Monday – Saturday 8.00 am – 5.30 pm

Contact the seller