Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Sold. Commercial Contract Flooring Company

LISTING DETAILS
Firms For Sale ID:
33997
Vendor reference:
JE018
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£70,000  
Turnover / revenue:
£150,000
Net profit / cashflow:
Undisclosed
Years established:
70
Number of employees:
2
Employees / staffing:
The vendor works full time in the business and is office-based. He tends to be responsible for estimating and is assisted by his wife in the administrative function. The business employs 2 full time floor layers who are highly skilled, trustworthy and have been with the business for many years.

OTHER DETAILS
Reason for selling:
Planning exit strategy with retirement approaching.
Support and training:
The vendor will provide a comprehensive handover to ensure a seamless transition of ownership.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Commercial Contract Flooring Company
Ref.JE018
Location West Midlands
Asking Price GBP 70,000
An excellent opportunity to acquire a very well established company that is firmly positioned in the buoyant West Midlands commercial contract flooring market. This business enjoys Preferred Supplier status with the NHS (on a national scale-however it tends to operate just locally through choice) as well as being the contractor of choice for many other public and private sector organisations within the region due to its first class reputation, which has been forged over some 70 years of successful trading.
The company supplies and installs all types of flooring on a commercial basis to both end users and their approved contractors throughout the West Midlands. It has a good mix of clients within both the public and private sectors (inc NHS, Local Authorities, Schools, Construction Companies, End Users etc) and enjoys consistent levels of business, such is its reputation and the accreditation it holds.
The company provides a comprehensive turnkey solution to its clients. By involving itself in projects at an early stage it provides expert technical and design advice backed up with accurate pricing, bills of materials and on time installation. The business is a fully accredited installer of all leading types of flooring including carpets, safety flooring, vinyls and carpet tiles and can provide advice on the most suitable material and brand for each project.
The business has in place excellent supplier relationships with leading manufacturers and wholesalers alike and excellent in house knowedge of the floors it installs. Some of the leading suppliers they work with include Polyflor, Amtico, Karndean, Linoleum and Altro.
The owners and staff have built up a solid and reliable business based on reputation, quality of work and trust.
The company is fully conversant with all current legislation and guidelines relating to health and safety and has an excellent on site record.

Market / Competition / Non-Competition Agreements
The business has been trading for some 70 years and has never felt the need to advertise. It does have an informative website and utilises yell.com but most of its work comes via repeat business, referrals and recommendations, not to mention from its status as a referred/recognised supplier to its many customers