Asking price: £350,000

Sales revenue: £626,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Preferred Commercial is delighted to offer for sale this desirable and very profitable business in such a prime trading location, allowing easy access to all parts of the West Country and the M5. The business was established by our client in 2004 and is now only being placed on the market due to retirement. Currently the business has an enviable weekly turnover of over £12,000 and an excellent gross profit of 67%, yet still offers huge scope for a new owner to build upon this very profitable business still further. This could be with the introduction of a web site, expanding work to retail customers as at present all work carried out is commercial, and marketing could generate further profitable business. The business specialises in slip resistant flooring and hygienic wall cladding but supplies all types of commercial flooring. Currently all business is generated by word of mouth and the company has contracts with health authorities and carries out work for local builders. This, in Preferred Commercial's opinion, is a fantastic business opportunity that must be viewed to fully appreciate.

Trading hours: Mon - Fri: 8.00am - 5.00pm Sat - Sun: Closed

Property: Leasehold

Lease terms
Original length: 10 years Remaining: 7 years Review: every 5 years Rent: £11,491.52 per annum

Location
This specialist flooring company is located on an industrial estate in the South West. The business is centrally located to take full advantage of the M5 and the West Country. The business is operated nationally but most of the business is carried out in the South West.