Established and profitable DESIGNER BATHROOM SHOWROOM OFFERING PLANNING AND FITTING
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viewing is only via appointment only - Please register
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WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the accounts year ending 31st January, 2007 showed sales of £363,306 with a gross profit of £152.58 and a net profit of £58,100 We are further advised that the sales year ending January, 2008 should be approximately the same. We understand that all the fittings of bathrooms/shower rooms are completed by external fitters who are paid direct by the customers.
Price
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS including the various displays in the showroom £190,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Outstanding opportunity to purchase a profitable DESIGNER BATHROOM SHOWROOM OFERING PLANNING AND FITTING established by the present owner June 1989
Single fronted showroom with various displays of baths, showers and wash hand basins
Office
Kitchen area
Staff w.c.
Staff
The business at present is operated by the owner and 2 staff.
Opening
Hours
Tuesday - Friday 9.am to 5-30pm
Saturday 9.30 –4pm
NO SUNDAY TRADING (CAN IF NEEDED)
Tenure
We understand the premises are held on a secure renewable lease from a private landlord having approx. 2 years unexpired at a rental of £12,750 p.a. exclusive of rates.
We understand the landlord would consider granting a new lease, to an approvws applicant at terms to be agreed.
Uniform Business Rates: £3,300 p.a. approx. + water rates
AS STATED THE BUSINESS WAS ESTABLISHED BY THE PRESENT OWNER APPROX. 17 YEARS AGO AND THERE ARE GENUINE REASONS FOR SALE.
Personally inspected and highly recommended with tremendous potential for expansion and growth.