Asking price: £125,000

Sales revenue: £490,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity.

This family owned and managed business was established in 1984 and has benefited through out from the extensive 40+ years of generic experience of the Owner. Due largely to their relaxed but professional and knowledgeable approach, the business has grown and traded successfully throughout this extensive period, with many repeat customers and word of mouth referrals increasing trade incrementally.

The company trades from its historic shop premises, which consist of two floors and approximately 3,000sq. ft of showroom space, and are very close walking distance from the centre of this bustling Town Centre. The premises are laid out over two floors with very attractive and comprehensive displays throughout. Many top brand names are represented here for Bathrooms. These names include:-

• Laufen Bathrooms
• Vitra
• Aqualisa
• Shades Bathroom Furniture
• Ambiance Bain
• Original Style
• Aqata Shower Enclosures
• Matki Showering

This charming shop also stocks and represents a widely diverse range of ceramic tiling to suit all applications and situations.

The company is service their ever growing client base on a supply only basis if required, or they can utilize the company’s team of trusted professional trades people who work with the company on a sub contract basis.

Applying the energy and vision required for a rapidly changing market place, the owners offer a somewhat renowned design service which takes in design through to estimating product requirements and a detailed quotation.

Equipment:

The business owns and maintains an inventory of fixtures and fittings, office equipment and tooling necessary for the smoothflow of the daily operations of the business. All such inventory is expected to be included in a successful sales package.

Customer Service:

As previously mentioned, the owners have built an excellent rapport with their customers, with a very high percentage returning time and time again, whilst others readily recommend their services, products and a traditional warm welcome.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Years established: 1984

Employees: The company currently employs the two owners only on a full time basis. However, they also employ several trusted sub contactors on a self employed basis, as necessary.

Trading hours: Monday – Tuesday – Wednesday – Friday: 8.00am – 5.30pm Thursday: 8.00 am – 12.30pm Saturday: 9.30am – 4.00pm

Property: Leasehold

Lease terms
Current rental paid per annum comes in at approximately £14,000, with rates and water coming in at circa £ 3,200 per annum.

Location
These historic two storey shop premises are connected to all main utilities, have approx. 3,000sq. ft. of showroom plus office, are only steps from the very centre of this charming Market Town and have four car parking spaces in the adjoining car park. The premises are rented on a leasehold basis, which expires June 2010, and we are led to believe that the Landlord would happily consider selling the Freehold.

Current rental paid per annum comes in at approximately £14,000, with rates and water coming in at circa £ 3,200 per annum.

Competition / Market
The owners have developed and maintain an attractive, informative and easy to navigate Internet Website, plus they occasionally advertise in the local newspaper.

Support & training
Full support and any necessary training will be provided during handover as part of a successful sale package.

Reasons for selling
This is a genuine retirement sale