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Advert Details
Bathroom & Plumbing Supplies Business For Sale
(Ref: 9241S)
South Yorkshire, United Kingdom
Financials
Asking price: £39,950
Sales revenue: £106,600
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed
Business description
Advent Business Sales are pleased to offer to the market this established bathroom and plumbing supply show room, which has been trading successfully for the past 2½ years.
The current vendor has been in constant ownership since its inception and is reluctantly selling due to personal reasons but bows out on a high of increasing turnover.
The showroom displays shower units, baths, basins, w/cs and attendant fixtures and fittings from manufacturers such as Hudson Reed, Empire Architectural tiles and Pura Bathrooms.
The company supplies complete bathrooms, designed to customer taste and employs 2 freelance fitters and a tiler.
Most customers are repeat or recommendations. Due to its fantastic position it also gains sales through passing trade and people shopping in the Tesco next door.
The general customer base is not only local but also extends for a 10-11 mile radius. The company can usually beat off any competition.
We are advised that stock at cost is approximately £1,742. The value of the showroom display is approximately £10,277.
The business is staffed by the owner full time.
There are at least 13 plumbers in the immediate area and the nearest merchant is at least 5 miles away.
This business would be ideal for an established plumber or ex bathroom retail person.
REF: 9241S
Trading hours: Mon – Fri: 9.15am – 4.15pm
Sat: 9.15am – 3.30pm
Property: Leasehold
Lease terms
TENURE: Leasehold
Original lease: 10 years
Remaining lease: 7 years
Review every: 3 years
Rent: £795 per month
We are advised that the annual business rates are currently: £2714
Location
Our client’s bathroom and plumbing supply showroom is conveniently located on a very busy main trunk road, being a main route to a busy South Yorkshire town. It is adjacent to Tesco and Gregg’s the bakers as well as being very close to the area’s new swimming pool.
The area supports 7 junior/infant schools and a comprehensive school. The residential stock is a good mix and there are many surrounding villages. The M18 motorway is in easy reach.
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