Overview
Description
Business
Please quote reference B06792
Established in 2005, the company is a well-established and lucrative bathroom showroom and installation business that has achieved some impressive financial milestones over the past few years. The business prides itself on its personal and independent service, and throughout its 17 year history, it has gained a loyal customer base, as well as uniformly positive reviews on platforms such as Google.
Catering to the home-improvement market, the business offers a start-to-finish turnkey installation service in bathroom installations and renovations, inclusive of plumbing and electrical work, tiling, carpentry and plastering, and it sells bathroom furniture on a supply-only basis for DIY-minded customers.
The business has a lot to offer the prospective buyer: the home-improvement market has been remarkably buoyant, with turnover for 2023 above £1m. The business benefits from an established customer base and a knowledgeable management team. The sale also includes vehicles plus SAV.
Looking to the future, the current owner has advised that there are considerable opportunities for growth: investing in the business’ marketing, expanding into other products and services such as kitchen installations, and venturing into online sales are all strategies that could fuel further growth.
Highlights –
- Turnkey business model
- Personal and independent service
- Very healthy financials
- Well-presented showroom
- Uniformly good reviews
- In-place management team
- Loyal customer base
- Excellent customer care record
- Good range of services offered
Opportunities –
- Possible expansion into online sales
- Scope for marketing improvements
- Potential to increase range of available services and products, e.g. kitchen installations
Location
The business is located in the South West of England.
Premises
The business operates from a modern end- terraced commercial unit.
Tenure
We are advised the property is being sold on a leasehold basis, with 3 years remaining on the current lease.
Hours
The business trades all the year round.
Staff
We are advised the business has an experienced management team in place.
Further staffing information can be made available upon request.
Financial Profile
2023 Turnover IRO £1m
- 100% share capital
- Interested parties will be required to sign an NDA
Is this business relocatable:
Is stock included:
Listed By:
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