Business Broker.Net | Connecting Business Buyers and Sellers

Business for Sale Overview:

This family run business offers a fully inclusive service for design, fitting and tiling and was established in 2001 by the Vendor with a generous combination of innovative insight and entrepreneurial spirit, having now grown to become a significant enterprise with a reputation for the quality and variety of its products, brands, service and reliability. The business retails most of the main manufacturers of bathrooms and an extensive collection of luxury bathroom and plumbing accessories to both the general public and to trade suppliers and installers. The portfolio stretches across the spectrum from the traditional to the highly ultra-modern and contemporary. The business has consolidated an enviable position in the region having established its business operations around the installation of bathrooms and accessories that they supply only and have not found the need to extend the installation service as a separate concern. This clarity has proved successful in establishing trust with customers and enabling them to make a purchase decision based upon the whole service from variety in product to completion of their bathroom.

Property Features and Assets:

The business operates from leasehold premises in an affluent area in Essex. The premises measure circa 3,000 square feet and the shop is beautifully fitted displaying up to 60 state of the art bathrooms. There is currently five and a half years remaining on the existing lease, with annual rent for the property charged at £31,200 per annum inclusive of rates and electricity.

Market Competition and Expansion:

The business has used advertising in the past and there are excellent opportunities to widen this activity and to consolidate an Internet presence 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. Current advertising is undertaken through local press and the Yellow Pages. The company has an attractive glossy brochure, detailing all products and services.