BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£450,000
Turnover / revenue:
£435,430
Net profit / cashflow:
Undisclosed
Years established:
44
Trading hours:
Monday – Friday: 08:00am – 17:30pm
Saturday: 09:00am – 13:00pm
Number of employees:
2
Employees / staffing:
The two directors work full time in the company and employ two shop sales staff.
OTHER DETAILS
Reason for selling:
Genuine retirement sale
Support and training:
The current owners will provide all necessary training and all relevant contacts to allow continuity of trading.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
BUSINESS DESCRIPTION
Freehold Top Quality Plumbing & Heating Supplier to the Trade & Retail inc. Complete Bathroom Suites
Ref.GD104
Location Surrey
Asking Price:£450,000 inc. Stock
Established in 1969, this family business supplies quality plumbing and heating equipment to the trade and retail markets on a 50/50 split, everything from small accessories to complete bathroom suites.
Trading for over 40 years the business became Ltd in 1973. All types of plumbing and heating supplies from leading manufacturers are held in stock, ensuring an efficient and speedy supply and an excellent reputation with the local community for stock availability.
Turnover has grown at a healthy rate and market conditions continue to flourish in this sector of the industry. The business is based in a superb location on a busy high street in a densely populated area giving further growth potential to continue this trend.
Expansion Potential
This business is founded on the hard work and dedication that the vendors have put in over the years to develop the company to its current size.
There is the opportunity to expand to on-line sales and possibly Ebay. An I Phone app is in production to help increase sales and to fully utilise the capacity of the business and increase profitability.
Market / Competition / Non-Competition Agreements
The reputation of the business leads to a high percentage of revenue being achieved by word of mouth reputation.
The business has a company website that provides information on the business and its wide range of products.