Asking price: £150,000

Sales revenue: £787,942

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
The business was established by our client in 1984 and serves as a comprehensive plumbing material wholesaler and supplier. It offers a wide range of plumbing related materials, parts and accessories to stores and plumbing centres throughout the Greater London and Home Counties area. Most goods are sourced from within the UK, with some products imported from Europe. The business enjoys a high level of repeat and referral trade and scope remains to develop the business brand and encourage new customer opportunities.

Years established: 25

Employees: The business is operated full time by our client who acts as both an operations manager and sales generator. Alongside our client are 2 full time sales representatives and a full time warehouse operative

Property: Leasehold

Lease terms
5 year term proposed Proposed rent circa £25,000pax Rates circa £8,000pa

Location
The business operates from within a modern warehouse and yard situated in Greater London. The unit is ideally placed to provide access to existing customers located within the Greater London area and Home Counties

Expansion potential
• Expansion of trading areas to incorporate clientele from beyond the current trading location • Active advertising and marketing of the business services within selected media • A business website could be introduced offering scope to expand into e-commerce. • Direct marketing to targeted businesses outlets.

Reasons for selling
Retirement