Business for sale in United Kingdom – Buckinghamshire – County of Buckinghamshire – Et030-tile & granite importer, supplier and retailer-buckinghamshire

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Business for sale in United Kingdom - Et030-tile & granite importer, supplier and retailer-buckinghamshire

Asking Price: 110,000 £ Real Estate: Lease
Sales Revenue: 380,000 £
Net Profit: 100,000 £
Year Established: 1993
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Buckinghamshire/Buckinghamshire

Business types:

Retail

Business categories:

Building Materials, Hardware & Garden

Business description

this profitable and easily run business is based in retail premises on the main street of the most prestigious town in south buckinghamshire. The business has recently transferred ownership but due to unforeseen circumstances would like to sell.

 

the business is an independent tile and stone supplier and importer, offering unrivalled customer service, expertise, tile and stone advice plus a measuring and fitting service by pre-approved specialist teams of tile and stone fixers.

 

with extensive experience the business has the capability of knowing the market and its products supplying the latest tiles to come onto the market. the extensive range includes travertine, granite, marble, limestone, glass mosaics, porcelain and slate as well as all the top branded adhesives and tile accessories.

 

the premises are a showroom of product which is all supplied by the suppliers, with whom the vendor has an excellent business relationship. All stock is purchased through an agent who delivers on a ‘just in time’ basis, hence the business carries little or no stock as clients buy the goods and pay upfront, the vendor then orders the merchandise, takes delivery to the site and then pays for the goods.

 

 

selling both to trade and direct the business maintains a strong commercial balance, the vendor quotes and measures all jobs and works in the retail premises with 30% of the business being generated from builders, contractors and developers, 70% of the business is from sales to the general public. Fitting and maintenance cleaning is also undertaken by 3 teams of fitters, all of whom are sub-contractors.

Additional information

Additional information: Not Disclosed
Support & training: The vendor is happy to agree to a suitable hand-over period to ensure continuity of trading.
Reasons for selling: Vendor is selling because he wants to pursue his other opportunities
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Rent is £20,000 per annum plus rates of £812.00 per month for 10 months.
Location: Based in an affluent area in South Buckinghamshire, this business is based in retail premises on the main street of the most prestigious town in the locale. The premises are approximately 400 sq feet and are held on a 10 year lease of which there are still some 6 years to run with a break clause exercisable by the tenant in approximately 1 year.

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