This is a superb opportunity to acquire a well-established bathroom retailer, based in Newark, Nottinghamshire. The business is available on a leasehold basis.
The business operates as an award-winning company specialising in the design, supply and installation of high-quality wet rooms, bathrooms, en-suites and cloakrooms. They are industry leaders in installing wet rooms, walk in shower rooms and bathrooms and have a bespoke built bathroom and tile showroom based in Newark. They offer a complete service and cover most aspects of the building industry including natural gas, plumbing & heating, floor & wall tiling, plastering, joinery, electrical services, building and painting, all essential to completing a full renovation. They strive to provide the finest selection of high-quality tiles, bathroom fixtures, fittings, and accessories, combined with exceptional customer service. Their bespoke showroom is a haven of inspiration, featuring a stunning array of wet room and bathroom displays showcasing their exclusive brands and latest trends in design and functionality. They are Gas Safe registered and have City and Guilds accredited installers.
The business has been established since 2010 but became a Limited company in 2017 and have experienced substantial growth on an annual basis since then. They have built up an excellent reputation across Nottinghamshire and are considered a household name in their industry. They can also boast a loyal customer base which has resulted in a vast amount of repeat and recommended business which has led to impressive financial figures over a sustained period. They pride themselves on offering a bespoke, personalised experience offering practical and solution driven advice on design, products, and installation to facilitate each customers individual needs.
The premises has been renovated to an exceptionally high standard as the owner has skilfully combined the character features of the property with modern fixtures and fittings. The high-quality showroom showcases a stunning selection of wet room and bathroom displays in contemporary designs to suit every taste. They also boast a high-quality website which has huge potential for future growth.
• High-quality premises
• Excellent reputation
• Loyal customer base
• Large amount of repeat/recommended custom
• Excellent relationships with key suppliers
• Exclusive rights with some suppliers in their geographic area
• Vehicles, fixtures, fittings, and stock included
• High-quality assets included
• Reliable, loyal staff
• Free car parking
• High turnover – £368,555
• High adjusted net profit – £100,000 (approx.)
• Huge potential for further growth and success.
It is with a heavy heart that the current vendor is selling due to other business interests. Due to the nature and impressive financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking for an established business within the bathroom sector or an existing business looking for a lucrative acquisition. This business has experienced a substantial amount of interest at an initial stage, so to avoid disappointment, please contact us for further information.