Luxury Bathroom Showroom - PRICE REDUCED
Business for sale
Asking Price:
£54,950
Turnover:
£218,853
Annual profit:
50k to 99k
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
3
Employees:
No
Photos:
No
Ownership:
Sole trader
Business description
VENDORS KEEN TO PURSUE NEW OPPORTUNITY IN USAPRICE REDUCED TO ATTRACT EARLY SALE
LUXURY BATHROOM DESIGN, SUPPLY & INSTALLATION
PRIME TRADING POSITION IN PEDESTRIAN PRECINCT
MANY WALK IN CUSTOMERS SO MINIMUM ADVERTISING
LEASEHOLD – PORTSMOUTH
PROFITABLE BUSINESS WITH STEADY TURNOVER
REAR DELIVERY AREA & OWNERS’ PARKING
Turnover of £218,853 was generated in the year to 31 March 2007 with Gross Profits of £104,770, an excellent, above-industry-sector performance of 48%.
Comments
This privately-owned luxury bathroom design, supply and installation business was only established 2 ½ years ago yet is thriving and owes much of its success to its superb trading location, which is second to none. It has very quickly established a reputation as a supplier of luxury bathrooms with a personal design service provided on-site. Growing customer referrals are a clear sign of the quality of customer service. One of the partners in the business is a qualified plumber. The decision to establish a luxury bathroom design and installation business in a pedestrianised high street rather than in an out-of-town location, has certainly paid off as very little advertising is undertaken, with a steady stream of customers walking in off the street.
Accommodation
No Accommodation Associated With This Business