Business for sale in United Kingdom – Tyne & Wear – England – Gb180-fully accredited commercial contract flooring company

Business for sale, Buy a business or sell a business. Find a business broker or a franchise for sale. Over 19,000 banks and 2,700 venture capital firms in The Business Place

In order to contact the buyer/seller, you must be a registered user of the site and must be logged in

Business for sale in United Kingdom - Gb180-fully accredited commercial contract flooring company

Asking Price: 249,000 £ Real Estate: Lease
Sales Revenue: 1,100,000 £
Net Profit: 80,000 £
Year Established: 1972
Employees: 10FT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/England/Tyne & Wear

Business types:


Business categories:

Flooring Contractors

Business description

fully accredited commercial contract flooring company location tyne & wear asking price £ 249,000 this business, established over 40 years ago, provides a comprehensive range of floor coverings and carpets to both the public and private sectors on a regional basis throughout the north east of england. The company provides a full supply and installation service and deals with all the major flooring manufacturers in the uk, mainly on a direct basis, which ensures it is always competitive and has a strong supply chain. It also benefits from these manufacturers passing them leads such is its market presence. The business has put in place all the necessary accreditations and memberships to ensure it is able to serve the market be it direct to end users or via their nominated contractors. Because of this it enjoys “approved supplier” status with many public and private sector bodies within the region. It is also due to the fact that the business has established itself over 40 years as a premier commercial flooring company that can be trusted. The company supplies and installs all types of flooring on a commercial basis to both end users and their approved contractors typically within a 50-60 mile radius of its base within the north east. This includes carpets, vinyls, sports floors, safety flooring and entrance matting systems. It has a large cusomter base of some 120 clients within both the public and private sectors (inc national contractors, nhs, local authorities-social housing, schools, blue chip organisations etc) and enjoys consistent levels of business, such is its reputation and the accreditations it holds. It also does a very small ammount of domestic work (high end-karndean, amtico etc) on a private baisis and has a small showroom on site to assist in this. The company provides a comprehensive turnkey solution to its customers from initial pricing , recommendations, on site advice and installation right through to remedial works if need be. The business is a fully accredited installer of all leading types of flooring so can provide advice on the most sutiable material and brand for each project. The business has a team of highly experienced key staff in place. It is fully conversant with all current legislation and guidelines relating to health and safety and has an excellent on site record. As part of this it utilises the services of an external specialist to ensure full compliance.

Additional information

Additional information: Not Disclosed
Support & training: The vendor will provide a comprehensive handover to ensure a seamless transition of ownership
Reasons for selling: Planning exit strategy with retirement approaching
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: It is understood a new lease would be made available to a new owner. Alternatively the business could easily be relocated should a new owner so require. Current rent, rates and water circa £23,000 p.a.
Location: The business operates from modern leasehold premises and is situated on a well known industrial estate with excellent access. Premises comprise circa 4000 square feet of ground floor incorporating warehouse and showroom as well as circa 3000 square feet of modern offices on a mezzanine floor. There is ample parking outside for vehicles.

In order to contact the buyer/seller, you must be a registered user of the site and must be logged in