Asking price: £250,000

Sales revenue: £5,750

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales have been instructed to offer to the open market this highly profitable business which has experienced growth year on year.

Established 4½ years ago by the vendor, it is now reluctantly offered for sale due to the vendor’s relocation plans.

The business currently retails and fits a range of bathroom suites as well a s being the sole supplier of a highly desirable specialist ceiling and wall covering.

This has enabled the business to occupy an enviable position within the market place, cornering the local market for this product and having little local competition.

The business also supplies and fits bathroom fixtures and fittings manufactured by a broad range of quality household brand names, which it currently has displayed in showroom settings within the premises.

Fittings are currently carried out by the vendor & 2 further full time fitters on an employed basis.

Due to the nature of the quality wall and ceiling fitting, our client is the sole supplier of this, enabling fittings to be carried out in a fraction of the normal time. This in turn increases the desirability of the product and the profitability of the business.

The business is currently advertised in the local newspapers but referrals, recommendation and word of mouth generate a large proportion of new business.
The business has experienced astonishing growth year on year and there is still excellent potential to increase this further with increased advertising or extended opening hours for the showroom.

There are two Citroen long wheel base high top relay diesel vans both on 52 plates with tools that are included in the sale.

ref:DN7012

Trading hours: 5 Days a Week

Property: Leasehold

Lease terms
TENURE: LEASEHOLD 1 year lease remaining, new lease available Rent: £103.85 per week We are advised that the annual business rates are currently: £ 768.00 per annum.

Living accomodation
BUSINESS PREMISES A modern single storey industrial unit set within its own car park surrounded by security fencing with the added security of an alarm system and consisting of the following: Ground Floor - Glass fronted showroom with customer entrance door leading into showroom decorated to a high standard and fitted out in mock bathroom settings - Reception desk - Office space - Customer w/c - Door behind reception leading into storage ago accessed also from exterior via roller shutter door - Staff w/c External - Tarmaced to front and side of premises surrounded by security fencing with lockable gated access - Paved to road - Exterior to fence

Location
The business is ideally located in a modern detached industrial unit within an industrial area of a main North Lincolnshire town.

The business is located approximately 200 yards from a major A road, leading a motorway network enabling excellent and easy transport throughout the region.

There are excellent parking facilities including on site parking at the unit plus on street parking.

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