Summary
- Asking price:
-
£460,000
- Sales revenue:
- £200k < 500k
- Net profit:
- Available on request
- Years established:
- 31 years
- Employees:
- 3 full time and 2 part time
Business description
Established since 1976 operating in a built up affluent area. Providing a quality complete bathroom service with own skilled team of trades professionals. Excellent room for expansion and business growth.
Property information
- Property:
- Freehold
- Living accommodation:
- There is a 2 bedroom 2 bathroom split level maisonette above the shop, which may be available separately if required.
- Location:
- Situated in a prime position in a parade of shops Just off the busy Teddington high street. This business caters for homes in the following affluent area: Teddington, Twickenham, Richmond, Sheen, Hounslow, Whitton, Hampton, Kingston, Ham, Hampton Court, Thames Ditton, Walton and Weybridge and beyond, occasionally into central and west London. The premises are approximately 860 sq ft (64ft long X 15 ft wide) with a basement and useful forecourt for displaying stock and signs.
Other information
- Expansion potential:
- The business currently provides a complete bathroom fitting and tiling service. A variety of bathroom settings and fixtures are displayed in the shop. The new owner could extend the currently small but potentially very lucrative central heating installation service that this business provides. Further growth could come from developing the retail sales service, including specialising in provision for customers with disabilities or entering the up and coming market of hot tubs, spas and wet rooms. There is also the opportunity to develop an on call emergency plumbing service. This business is in the process of building its own web site. Business comes mainly from word of mouth, past customers, adverts and the new web site will increase turnover still more.
- Competition / Market:
- While there is some competition within the region, it will be easy to differentiate the services this business provides from the competition as part of a business development plan.
- Support & training:
- Handover provided with pleasure - details to be agreed
- Reasons for selling:
- Retirement
- Trading hours:
- 8am to 5pm Monday to Friday and Saturday 10am to 3pm
- Inventory / Stock value:
- £20,000