Busy Retail Bathroom Showroom & Insulation Business For Sale

Business description

• Excellent reputation.
• Quality Installation Service.
• Close to Busy Town Centre.
• Large catchment area.
• Annual Sales CIRCA £300K (10/11).
• Approx 1200sq ft Retail Showroom.

This established family business is a leading bathroom retailer and has an excellent reputation within the area, as well as offering a design and insulation service. It benefits from a large double fronted showroom, workshop and stores, Situated close to the town centre.

Property information

Property:

Leasehold

Lease terms:

Currently the business operates on a rolling lease agreement but we have been advised that the landlord would be prepared to issue a new 5/10 year secure and full repairable renewable lease, terms to be confirmed with the landlord. Currently the Rent and Business Rates are £23,745 p.a.

Location:

The business is situated on a main road and benefits from a high footfall and passing traffic and is within 5 minutes of the town centre. There is ample on the road parking (pay & display) situated close to the business as well as a pay and display car park to the rear.

Premises details:

The business operates for a large double front lock up bathroom showroom of approx 1200 sqft with a basement workshop / store of similar size which has easy access to the service road to the rear and allows easy unloading and loading of bathroom suites. The showroom has recently been refitted in 2009 and now has approximately 20 bathroom displays from the leading suppliers including Laufen, Ideal, Imperial, Matki, Vitra and Bauchaus to name a few as well as a large display of bathroom fittings and accessories.

Our client offers the highest standard in bathroom design and bathroom installation at a cost that can meet all budgets and offers customers to either purchase on a supply only basis or take advantage of a full design and installation service.

Business Operation

Expansion potential:

Our client clearly has a successful business and has experienced growth year on year and there is still excellent potential to increase this further with increased advertising or extended opening hours for the showroom, as well as bring the insulation service in house all would increase revenue and profits without greatly increasing overheads. The business is only now being offered for sale to enable them to pursue another alternative business venture. Early viewing is highly recommended to fully appreciate this business.

Employees:

The business is run by 2 family members who are responsible for the day to day running of the business including the showroom and the preparation of quotes and bathroom design. All the fitting is sub-contacted out to local companies.

Other information

Support & training:

The owner would be happy to help with a smooth transfer of the business in any way possible. This is a turnkey business with a relatively short learning curve for any new owner, particularly with the current staff in place.