For a swift sale, the owner will consider £50,000 up front with monthly payments for 2-3 years for the balance.
World of Flooring is a very well established and highly thought of flooring business with an enviable reputation. The business warehouse/office was sold in 2018 and has since been running from an office at the owners home thus making the transfer of the business, an easier transaction. With a great diversity of clients from home owners to large industrial companies, sales come in via repeat business, word of mouth and from their website.
They do not advertise or have any social media presence, so the potential to increase sales through these channels would be strong.
Sales circa £300k and a GP of over 55%.
Asking Price: £130,000 + SAV
Further information available on completion of the NDA
An offer of £50,000 up front with monthly payments for 2-3 years would be considered by the owner.
Very well established, trading for 18 years
2 highly experienced fitters who will stay on in the business
Long standing client base ensuring a continual stream of repeat business – local district council, schools, care homes
Strong relationship with local developers
Year on year sales growth with a healthy GP
Potential to expand the business
2 x 4 years old Mercedes Sprinter vans included in sale
Floor preparation equipment – Scabbler, Stripping Machines, Welders, Compressors, Guns & Hand Tools all included in the sale
Family run business
Whitlesey, nr Peterborough
Is this business relocatable: