Specialist Flooring Contractor
Business for sale
Asking Price:
£695,000
Turnover:
£1,300,000
Annual profit:
£220,000
Audited accounts:
No
Management accounts:
Yes
Business description
A long established (1985), thriving and hugely successful business specialising in the provision of a full range of specialist flooring services to a wide variety of clients, ranging from small trade customers to the very largest commercial and industrial operations. This is a highly respected and reputable company with the experience to tackle literally any type of contract within any environment, offering full UK coverage, and with the benefit of a large and valuable database of loyal clientele. The business is operated by three Directors and benefits from an experienced and loyal staff of 11 flooring installation specialists. The business operates a fleet of 7 vans, signwritten with the company’s corporate identity, having a value of circa £30,000 – included within the sale price.The company is extremely well known within the industry, and has an excellent reputation due to its provision of a wide range of extremely high quality flooring supply and installation services to high profile, multi outlet clients such as high street banks, building societies, retail groups etc., and indeed is the specified supplier and installer for many of these organisations. Additionally, the company has the highly lucrative benefit of being the specified supplier and installer for a number of local authorities, health authorities, schools and hospitals, and also counts a large number of commercial developers amongst its clients.
This is a highly unusual business, housed in well presented and extremely spacious premises of approximately 2,500 square feet, with a large warehouse facility and a suite of offices, occupying an excellent industrial estate position, well positioned for the major road and motorway networks serving the whole of Yorkshire and beyond. We understand that the premises are held on a favourable lease at a rent of circa £8,000.00 per annum. However, the business could easily be re-located if required.
It is extremely rare for a business of such high quality and reputation, and with such genuine potential for further development to be offered for sale in the open marketplace. Our clients do not actively market the benefits and services of their company, relying instead on reputation, word of mouth and repeat custom - clearly providing an opportunity for considerable further development, with the possible introduction of a marketing & advertising strategy alongside a telephone or business to business sales function etc.
Our clients have consistently achieved an excellent level of income from this superb business over a long period of time, and are now offering the company for sale in order to pursue other interests. We feel that this is a rare and unusual opportunity for the enthusiastic entrepreneur to acquire a highly profitable business with genuine development potential, at what we consider to be an extremely realistic price.
Advert ref: 1362/GT
Employee details
Fulltime staff:
11
Parttime staff:
0
