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Business for Sale Overview:

This business was founded in 1998 by the Vendors with a generous combination of innovative insight and entrepreneurial spirit and has grown since to become a significant enterprise with a reputation for the quality and variety of its products, brands, service and reliability. The business occupies large premises in each of its three regional locations, with significant parking and frontage with the retail showrooms on the ground floor and offices on the first floor of one. The business retails most of the main manufacturers of bathrooms and an extensive collection of bathroom and plumbing accessories to both the general public and to trade suppliers and installers.

Property Features and Assets:

The welcoming, comfortable and extensive showrooms are located in three easily accessible areas in Warwickshire: 1. Displays on one floor, in addition to offices and facilities on a first floor and has a combined area of approximately 5,000 square feet. 5 years remain on a renewable lease. Rent is paid annually at circa £15,000 with rates payable of circa £6,000. 2. Displays on one floor, in addition to offices and facilities and has a combined area of approximately 3,500 square feet. 4 years remain on a renewable lease. Rent is paid annually at circa £21,000 with rates payable of circa £6,000. 3. Displays on one floor, with offices and facilities on a first floor and has a combined area of approximately 3,500 square feet. Rent is paid on a rolling agreement at circa £1,000 per month with rates payable of circa £6,000.

Market Competition and Expansion:

The business has used advertising in the past in local newspapers and there are excellent opportunities to widen this activity and to continue the business’s internet activities to market the business more aggressively and to significantly increase turnover. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation. This has resulted not only in sales but also in the offer and production of high profile trade magazine features and articles.