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Sold. High-end Bathroom And Tile Sales And Fitting Business

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High-End Bathroom and Tile Sales and Fitting Business
Ref. IK283
Location : Northern Ireland
Asking price:
O.I.R.O GBP £164,950 + Stock at Valuation + Premises (negotiable for lease or sale)
The opportunity exists to acquire the trading name, fixtures, fittings, goodwill and stock in trade of a business engaged in the sale and installation of bathrooms and tiles throughout a large section of Northern Ireland (The Business).
With an impeccable track record over the course of its operations, The Business has gained itself a strong reputation, not only as a provider and fitter of quality bathrooms and tiles, but as bath and tile consultant that closely accompanies its clients every step of the way. As a result, the business has secured a wide swath of customers in the middle to upper segments of the Northern Irish market.
Business Profile
Established in 2000 (roughly 18 years) by the current owner and his brother-in-law, the business is run as an expanded family business, with the owner and his wife taking on significant roles in its operations, including purchasing, fitting (the owner), wages, admin (the owner’s wife) and sales (both). The business employs two additional staff members and hires sub-contractors for assistance with fitting, as needed.
Offering end-to-end service, including design consulting, sales (bathroom components and tiles), on-site fitting and more, the business earned a prestigious status in the region, as reflected in its continually growing annual turnover, GBP 632k in 2017. This suggests that it would be to the advantage of a buyer to keeping the businesses operations in its current vicinity.
In terms of day to day activities, the business operates along a number of venues, including:
Phone and field sales to domestic customers
Display and sales at a large, 9000 sqft showroom
Onsite fitting of bathrooms and tiles bought from the business