Asking price: £265,000

Sales revenue: £1,020,000

Net profit: £130,100

Fixtures value: £30,000

Stock value: £120,000

Business description
This highly regarded, well run, and very profitable business has over 30 years of experience in the flooring industry and has a number of ongoing, long term, relationships with Government departments, RAF and American air bases, Schools and Hospitals. The company prides itself by undertaking large and small projects for numerous clients performing a complete bespoke service and includes the design & installing of a wide range of flooring solutions for contract and domestic customers, including wood, vinyl, carpet, tiles, safety flooring and specialist floorings.. It has an efficient project management system for internal organisation and project pricing which ensures tight control and excellent gross margins. The established name and reputation has meant that over 80% of its business is repeat customers and, consequently, there is excellent scope to add extra sales and profit with a little concentrated marketing.

* Blue chip customer base including Government departments and RAF & USA Airbases
* 30 years reputation
* 80% of repeat customers
* Low stock holding
* High net profits
* Excellent reputation for quality and service

Years established: The business has been establsihed for over 30 years

Employees: 4 full time emplyees and 2/3 sub-contractors

Trading hours: Normal trading hours

Relocatable: This business can be relocated.

Property: Leasehold

Location
The location is not business critical

It is currently operated from small, purpose built commercial premises . However, because the operating team are on-site with customers most of the time this business can be easily relocated with the small administrative team

Expansion potential
There is huge potential for expansion as the business is concentrated only within 30 miles of its current base. Business is being turned away outside of this catchment area and the new owner will benefit from being able to exploit these opportunities

Competition / Market
There competition in the area has traditionally complimented the expertise within the company rather than creating a competitive environment The strong relationships the business has with Government Departments, large Air bases, Schools and Hospitals means that the client retention rate is particularly high, keeping competition at arms length

Support & training
The current owners will be delighted to offer all support and training for a long a period as required

Reasons for selling
The owner wishes to retire

Financing available
Sunbelt Business Brokers have excellent relationships with a number of banks and are in a position to assist buyers with financing arrangements