Bathroom Showroom And Installation Service In West London For Sale

Business description

Bathroom shop in West London with installation service. Currently a partnership, established business for 32 years. The only Bathroom shop in the area that supplies and fit!

2011 - Turnover £348,000
Net profit £93,000

The shop is 2 leasehold properties / contract due June 2012 - Landlord keen to have new owners in by then (normally a 4 year lease)

One employee (fitter) - £16,200 per annum salary (including NI and tax)

Existing stock roughly £17,000

Existing client database with search on a month to month basis to re book existing clients for Gas Safeties and boiler services on a yearly basis. (over 300 gas safeties and boiler services) - new owners will have the database.

Existing contracts to supply and fit bathroom suites signed from April 2012 for a total £25,500 - new owners will take these on also.

Asking price is £120,000

Existing partners are moving and want a quick sale - contact seller below for more information.

Property information

Property:

Leasehold

Lease terms:

4 year contract - due in June 2012

Leasehold rent:

£17,200 per annum

Premises details:

2 Shops, store room at back, parking for owners

Business Operation

Competition / Market:

None that supplies and fits - one stop shop for bathroom installation - plumbing services - GAS SAFETIES - boiler servicing and boiler installation. Only 2 bathroom showrooms in the area and 2 plumbers merchants. AGAIN NONE SUPPLY AND FIT - REPAIR AND MAINTENANCE

Trading hours:

9-5.30 Mon - Fri
10-1pm Sat.

Employees:

1

Years established:

32 years

Other information

Related documents:

• 
• ACCOUNTS 2011 PAGE 1

• 
• ACCOUNTS 2011 PAGE 2

• 
• ACCOUNTS 2006-2009