 | Tile & Bathroom Retailer (Design & Fitting) For Sale Cambridgeshire, United Kingdom Advert ref: 1314BW FINANCIAL DETAILS | Asking price: £195,000 Sales revenue: £385,576 Net profit: £58,997 Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | This well established business has an excellent turnover and net profit, due to the hard work of the current owners who have owned the business for three years.
The business specialises in the medium price range supply, design and fitment of Bathroom supplies. They have five staff members and a two sub contractors who help with fittings of bathrooms and tiles.
There is an online web store which has recently been setup and is now actively trading. This side of the business could be significantly expanded. Included in the sale are two vehicles for the installation teams.
The current owners have worked hard to turn this business around and would now like to take a break, hence the reason for selling. WIP amounts to approximately £60,000 with bookings up to September at this stage.
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GENERAL INFORMATION | Employees: 7
Trading hours: 09:00 am to 5:30 pm Monday – Saturday
Property: Leasehold
Lease terms
10 year lease with 7 years remaining. Rent and rates are £21,736.70.
Location
The business is situated in a large metropolitan area of Cambridgeshire; they have direct parking access and a large window frontal area which has an extremely high flow of traffic
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The Business Partnership - Leicestershire, South Lincolnshire & N Cambridge | | | |
