Well Established And Profitable Specialist Tiling Contractor For Sale

Business description

LOCATION: The business is currently based in Greater London. It can easily be relocated to business premises yet is also ideal to continue to be run from home.

DESCRIPTION: Highly successful specialist tiling contracting business, well established with excellent reputation for high standard and quality workmanship using the best materials and products. It provides a full service ranging from removal, preparation, supplying tiles, through to cutting, fitting, sealing and polishing through its team of highly experienced sub-contractors. The business has developed a good business model which can facilitate full service; supplying all materials, labour and project management with an 80% profit margin.

EQUIPMENT: The business is fully equipped for present trade and has an extensive range of valuable trade equipment and a full inventory list is available for an interested party. The marketed price includes around £15,000 of inventory and around £14,000 of equipment. Equipment includes a sign written van, wet saws, laser cutters, a computerized accounts system, etc.

BUSINESS: This is a now established and profitable tiling contractor, which has built up an excellent reputation throughout greater London with many high profile ‘blue chip’ corporate/commercial clients developed and won over the years. Latest turnover figures are in the region of £374,000. The turnover for the previous two years is £563,000 and £230,000 respectively. Accounts are available showing easily verifiable profits after the initial meeting with the vendors. Further sales/revenue analysis and trading information are also available. The business operates a full service model for commercial and renovation builds with an 85% and 15% commercial and residential revenue split.
The business is currently owned by a husband and wife team. It is fully staffed with a good mix of approx 14 tradesmen and access to dozens more additional contractors when required at short notice. Income from jobs are shared between the business and its sub-contractors. There is great scope for business growth including developing links with the major house builders, key tier 1 contractors, local authorities, etc.
The business is currently marketed through its website, Yell, Google, etc, yet there is considerable potential for marketing elsewhere. The business has membership and approvals to various trade bodies. Sale includes full content, fully functioning optimized website, full client database, logos, branding and trading name. The sale is ideally to be via a transfer of assets but a share sale will be considered. Further details and full mechanics of the sale will be discussed with a serious purchaser. Full handover support and training to be provided. This is a reluctant sale of a highly profitable business due to emigration back to the vendor’s home country. A rare opportunity not to be missed.

HOURS: 8:00 AM – 5:00 PM Mon – Fri, 8:00 AM – 5:00 PM Sat

Up to 100% FINANCE GIVEN to you when you buy this business with very low monthly payments (subject to status).

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Property information

Location:

Relocateable anywhere

Business Operation

Expansion potential:

There is great scope for business growth. Full sales/revenue analysis and trading information available on application.

Trading hours:

HOURS: 8:00 AM – 5:00 PM Mon – Fri, 8:00 AM – 5:00 PM Sat

Employees:

The business is fully staffed with a good mix of approx 14 tradesmen and access to additional contractors when required.

Years established:

Est 2002

Other information

Support & training:

Full handover support and training included in asking price

Financing available:

Up to 100% FINANCE GIVEN to you when you buy this business with very low monthly payments (subject to status).

Inventory / Stock value:

£15,000 (included in the asking price)

Home based:

This business can be run from home.

Relocatable:

This business can be relocated.