Supplier Of Bathroom And Plumbing Products In Northamptonshire For Sale

Business description

HISTORY

• Founded as plumbing supply company some 40 years ago
• Purchased by the vendor 27 years ago
• Considerable consolidation within the market place ensuring a reliable business
• Reliable repeat customer nurtured with excellent trade/retail split
• Extensive product range introduced
• Website created
• Currently run at a pace to suit lifestyle of vendor

REASON FOR SALE

• Retirement, although the vendor would be delighted to assist with a handover if required

PRODUCTS

• Bathroom suites
o Vitra
o Armitage
o Ideal
o Lecico
• Shower fittings and accessories
o Just Trays
o Kudos
o New Teams
o Aqua Lisa
o Manhattan
o Marflow
o Mira
• Taps
o Bristan
• Boilers and heating supplies
• Pipes
• All plumbing products to the trade and DIY market
• Electrical fittings
• Brassware
• Several thousand product lines in stock

SERVICES

• Advice and guidance to trade and DIY market
• Run as family business
• Able to source most requirements within 48 hours

CUSTOMERS

• Plumbing and heating engineers
• DIY market
• Trade/Private split is approximately 50%/50%
• 40 trade customers with 15 sizeable accounts
• Drawn from the town with considerable influx from hinterland

SUPPLIERS

• Accounts with around 25 suppliers
• Very active relationships with 8 wholesalers

STRENGTHS

• Established name in the locality and well known within the plumbing and heating industry
• Expert knowledge and advice offered
• Website with excellent domain name
• Excellent product range offered
• Trusted supplier contacts
• Very low overheads







DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Property information

Property:

Leasehold

Location:

• Shop premises within mixed residential and commercial area
• Ample free parking in town with 2 allocated spaces to the rear of the shop
• Medium sized market town with population of 22,000
• Central location with wide catchment area

Premises details:

• A two storey former residential dwelling converted to use as a showroom after the war
• Entrance lobby
• Showroom with racking and shelving appropriate to trade
• Sales counter
• Back office
• Kitchen/store
• WC
• 4 first floor room used for storage
• Side access leading to 2 allocated parking space in rear yard

Business Operation

Expansion potential:

• Business development activity has been extremely limited
• Website could be developed to include product sales
• Extension of range of products offered including other trades
• Computerisation
• Additional opening hours
• Ideal acquisition as a family business or partnership

Trading hours:

• Monday to Wednesday and Friday 7.45am to 4.30pm
• Thursday 7.45am to 11am
• Saturday 9am to Noon
• Sunday closed

Employees:

• Vendor • 1 part time staff member (4 days per week) • 1 casual staff member