Total of 18656 firms and businesses for sale today Friday 19th April 2024
Business For Sale. Specialist Flooring Supplier Exhibitions, Contract & Retail
LISTING DETAILS
Firms For Sale ID:
34581
Vendor reference:
AG146
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£960,000
Turnover / revenue:
£1,089,000
Net profit / cashflow:
Undisclosed
Years established:
31
Trading hours:
Monday, Tuesday, Wednesday, Thursday Friday: 9:00 am 5:00 pm
Saturday:10:00am 4:00pm
Number of employees:
10
Employees / staffing:
The vendor is responsible for day to day running of the business and is ably assisted by a team of eight full time and two part time employees:
1x Sales/Operations Manager
5x Carpet/Flooring fitters
1x apprentice
1x Retail Sales Manager
2x Part Time Office Administrators
OTHER DETAILS
Reason for selling:
The vendor believes that the time is right to pass the opportunity to a new owner for full and proper exploitation of the opportunities for growth, to come.
Support and training:
The owners are happy to provide training for an agreed handover period.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Expansion Potential
The business operates very much within the scope of the vendors self imposed limits and could grow rapidly by expanding the business reputation into a better known brand by means of a determined investment in marketing, advertising, and typical brand building techniques.
It is believed by the vendors that the current levels of marketing commitment have touched only a small part of the companys potential in the UK, particularly in relation to the demand for discounted used floor coverings for the commercial sector.
Market / Competition / Non-Competition Agreements
The business advertises on Google and has a fully comprehensive website which details the current catalogue & product line and also all available accessories.
The business also sponsors local road junction roundabouts which in combination with local interest magazines, creates awareness and footfall in the retail part of the business.
For the larger part of the business which is exhibition floorcoverings, the business takes advertising space in well known and well subscribed to, trade magazines.