Bathrooms And Accessories Design Business In London For Sale

Business description

Bathrooms and accessories – design and installation or retail only

Turner Butler has been appointed to invite offers of purchase for the assets and goodwill of a bathroom retailer specialising in high quality products from some of the most upmarket brands in the industry. The business offers a supply only or a design and installation service.

Key strengths:

The Company has the following key attributes:

• a very well established business with an excellent reputation for high levels of design, fitting and customer service
• exclusive sales territories for several upmarket brands;
• average project values of approximately £14,000;
• the only high end provider of bathroom equipment and accessories within the local marketplace

The Company provides an acquirer with:

• access to a range of highly sought after high end manufacturer accounts
• a well presented showroom in a prime, secondary retail location in an area saturated with a high volume of high net worth individuals;
• relationships with loyal, tried and trusted, expert and experienced sub contractors.

Next steps:

If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.

All enquiries or requests for additional information should be submitted or directed to Tony Bell at Turner Butler

Financial profile:
For the financial year ending March 2011, the business achieved turnover of almost £600,000, generating a gross profit slightly in excess of £170,000 and a net operating profit of almost £30,000 after Directors remunerations of £20,000, and depreciation and amortisation of goodwill totalling almost £17,500.

The Asking Price of £165,000 is for a sale of the assets and goodwill in the business including assets conservatively estimated to be in the region of £70,000.