Business for Sale Overview:
This well established and highly profitable business was established by its present Managing Director in 1983 and has traded successfully in the same area of South Wales ever since. As such it is a well-known and respected company with a strong and loyal customer base that trades within a fifteen-mile radius of its premises. Its key strength has been to remain loyal to the tradesmen and small to medium size building and plumbing companies in the area and not to have established alliances with national house building operations that demand high volume and low margin suppliers. This has meant that in times of hardship it has not experienced the significant fall of in business that many other competitors have had to ride out.
The business trades specifically in the plumbing and bathroom market place supplying everything from an olive to a complete central heating system. The company only stocks branded products and carry a wide range of well known manufacturers such as Ideal Standard, Armly, Shanks, Rocker, Twyfords and many others. Eighty percent of its revenue is generated from trade customers with the remaining twenty percent coming from the retail DIY sector.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The freehold premises are available to purchase if required. The premises have main road frontage and consist of a trade counter, extensive storage area, offices and retail displays. It is entirely suitable for the needs of the business.
Market Competition and Expansion:
The business is so well known that marketing is minimal. They place occasional adverts in the local press and have a small presence in local directories. The company does not have a website.
Reason for Selling:
The existing director wishes to retire.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: