Building And Refurbishment Design And Installation Business For Sale

Business description

Located on the Finchley Road

Business established 8 years by vendor and provides refurbishment solutions i.e. building work but also supplies the fixtures and fittings. This gives the added advantage of an additional profit from supply of e.g. bathroom fittings and eliminates costly delays sometimes experienced when sourcing such items from different suppliers.

The suppliers used are all well known quality suppliers such as Duravit. Laufen. Majestic etc. Accounts may be available. Vendor is willing to show all the incomings and outgoings of the business and introduce the purchaser to key suppliers and customers and provide a substantial hand over period if required.

We understand that the turnover is approximately c£1m pa consisting of a number of high value contracts at high margin. Net return to the owner is advised at c£200k pa and provides an excellent standard of living.

Leasehold shop with basement rear entrance and rear parking approximately 1.200 sq feet. As you would expect very well presented shop displaying many ranges. Also has open plan office area.

Leasehold 10 years with 5 year reviews. next review 2012. Renewable lease. Rent £21.000. Rates £8.000.

Two showroom staff plus two partners and sub contracted labourers and fitters as required.

HOURS9-5 Mon -Sat

PRICE£249.950 for Goodwill. leasehold shop and fixtures and fittings. Stock is circa £40.000 at time of writing and is in addition to price.

NOTE Reluctant sale due to unfortunate health diagnosis.

Tremendous opportunity in the right hands. Note this is not just a kitchen. bathroom showroom but a fully fledged upmarket building business.

Business Operation

Employees:

2