Hilton Smythe is delighted to welcome to the market this well-established and busy online flooring retail business, which includes 3 websites and is online and run from anywhere!
The business was established by our client in 2016 and is only now being offered to the market due to our client’s family commitments.
The flooring business currently operates at a pace to suit our client and generated a turnover in the region of £80,000 with a great NET profit.
Luxury Vinyl Tiles specialises in selling brands such as Karndean and Amtico. LVTonline.co.uk aims to be the number 1 online provider for this type of flooring, in addition the vendor is including 2 other sites which are rellflooring.co.uk & siennaflooring.co.uk
LVTonline.co.uk launched in 2016 and was given the opportunity to be one of two online retailers to exclusively sell Distinctive Flooring, another brand of Luxury Vinyl Tiles.
The business started back in the early 2000’s when our clients set up under a different name in a garage selling flooring products, mainly carpets, online through lead websites and word of mouth.
The journey and expansion continued when they opened their first flooring shop selling Carpets, Laminates, Vinyl’s and Luxury Vinyl Tiles.
Over the last few years the business gained a fantastic reputation with their reps for each of the different brands they stock.
The sale includes a company website, which the business benefits from a visible presence and enjoys fantastic reviews.
Scope to Improve:
• Advertising and marketing campaign
• Maximise the use of social media
• Extend the opening hours
This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore, early enquires must come highly recommended to avoid disappointment.Location
Business run from home.Premises
• Large brother printer and copier
• Filing cabinets
• Packing machine
• Industrial weighing scales
• Hundreds of samplesTenure
Business run from home.Hours
Hours run to suit our client very minimum effort to run this business almost runs itself.Staff
Business is run and managed by our client.Financial Profile
LVTonline.co.uk generated an advised turnover of circa £80,000 last year, with a net profit of £25,000.
Is this business relocatable: