Hilton Smythe is delighted to welcome to the market this very popular and busy kitchen and bathroom retail and installation business in Birmingham, West Midlands.
The business was established by our client in 1988 and is only now being offered to the market after our client’s successful career and desire for an early retirement. The business currently operates 6 days per week and generates a fantastic turnover in the region of £631,000 per annum, with a gross profit of approximately 29%. We have been informed that turnover and profit levels for this year are due to increase further than last year.
Our client supplies a wide variety of kitchens and bathroom brands to suit any style and budget, such as en-suites, shower rooms and cloak rooms. The installations are carried out by fully qualified and skilled tradesmen. All the electrical and gas installations are completed by fully qualified engineers and all relevant NICEIC and Gas Safe certification is provided.
The property boasts a very spacious showroom, offering many different room setting displays, a reception area and comfortable customer seating. The business has built up an enviable reputation within the area, and further afield, for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a good volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by extending the opening hours, such as offering Sunday trading. A new owner could also develop the kitchen side of the business, which is currently proving very lucrative, as well as embarking on a modest marketing campaign to highlight the goods and services offered.
The business already has a website in place to advertise the business at www.bathroomsgalore.co.uk, which is very informative and has excellent reviews about the business. We are advised that our client is willing to offer any new purchaser a handover period, if required.
This truly is a turnkey operation, ideal for investment. The current owner only pops in for a couple of days a week to oversee advertising, payments, wages, administration, etc. This business truly runs itself.
This is an excellent opportunity for a new owner to take this busy and thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.
Bathrooms Galore occupies substantial ground floor premises, ideally located within the Yardley area of Birmingham, West Midlands. The business is situated within a parade of complimentary shops and businesses, therefore benefiting from a high volume of footfall and passing trade. The business further benefits from off street parking facilities to the front of the premises, as well as on-street parking within close proximity.
Yardley is an area in east Birmingham, approximately 5½ miles from the city centre. The city is the most populous British city outside London and according to the 2015 mid-year estimate, Birmingham had a residential population of approximately 1,101,360.
The city grew to prominence as a manufacturing and engineering centre, although its economy today is dominated by the service sector. Birmingham is the home to cutting edge museums and galleries, innovative theatres and excellent shopping facilities, which have contributed to Birmingham’s appeal as a weekend break destination.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is Stechford, which is approximately 1½ miles away. The area is also well served by the A-roads, with the business being situated on the A4040, which links to the vast A-road and motorway networks. Solihull is approximately 6 miles away and Coventry is 15 miles away.
Substantial ground floor premises in an ideal trading location, fronting onto a busy main road with block paved parking to the front, briefly comprising:
Main showroom with:
Large windows to front creating a light and airy interior.
Many different room setting displays with different floor coverings to each individual area.
Suspended ceiling with concealed lighting.
Reception area with beech style desk.
Comfortable customer seating.
Staff room (newly fitted) with:
Wall and base units.
Stainless steel sink unit and drainer with mono block tap.
Generous run of worktops.
Space for refrigerator.
Window to showroom.
The front of the business is immaculately presented with bright signage.
Large secure yard to rear with a number of steel storage containers for additional storage.
There may be a possibility of purchasing three sign written vans by separate negotiation.
We are advised Leasehold:
A new lease will be offered.
The business is open:
Monday – Friday: 8.00am – 5.00pm
Saturday: 9.00am – 5.00pm
The business is owner run and managed with 3 x full time and 2 x part time staff members, plus 5 teams of sub-contracting fitters.
The business generates a fantastic turnover in the region of £631,000 per annum, with a gross profit of approximately 29%. We have been informed that turnover and profit levels for this year are due to increase further than last year.
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