| (REF: GE055) Tile Retailer, Wholesaler and Distributor with 3 Retail Showrooms |
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| Seller Reference: |
GE055 |
| B4S Reference: |
12927 |
| Asking Price: |
£750,000
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| Net Profit: |
£120,000 |
| Sales Revenue: |
£1,260,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
South West London, South West London, United Kingdom |
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This business has been established since 1990 and specialises in the retailing, wholesaling and distribution of ceramic tiles, slates and mosaics offering exclusive ranges of Ceramic and Porcelain wall and floor tiles, Glass tiles and mosaics, Natural stone mosaics, Marble, Limestone, Slate, Terracotta, and Polished Marble etc. This business offers the highest quality styles and brand names in the industry.
There are three well situated and prominent showroom facilities within the South West London region, all are high street locations in very busy areas. All of the sites have excellent showroom facilities, enabling customers to view and place orders in a relaxed and friendly environment, with new business often generated by recommendation. They supply their products to the domestic, trade and commercial markets.
The customer base includes general retail, tile-fixers, designers, trade and construction companies for a variety of usages. The quality of the design and manufacture of tiles is of prime importance to this proactive Business ensuring customers are provided with a wide selection of product and to this end the Business has developed excellent working relationships with many of the major tile manufacturers.
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Property: |
Leasehold |
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Lease Terms: |
The Business operates from three well-equipped locations, providing excellent showroom and warehousing facilities. All of the retail units are well furbished and fully equipped and are based in busy and affluent areas of South West London, benefiting from a substantial customer catchment area with little competition. |
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Living Accommodation: |
No |
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The high profitability of the business is mainly as a result of word of mouth recommendations, bearing strong testimony to the high reputation the business enjoys, and the extent to which its name is known throughout the industry.
A large percentage of new customers derive from recommendations. Success has been achieved through advertising in Google ad words, Yellow Pages and Yell.com The Business has an excellent reconstructed website providing details regarding capabilities, product and services provided. |
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There are several excellent avenues for growth, for example offering a fitting service, by expanding hours of operation, advertising, promotions, expanding into more geographical areas and planning for more shops or franchising will have an impact on sales and margins. All of the business locations are considered to have potential for further growth and expansion with minimal additional administration costs.
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A full hand-over is available and the time frame can be agreed as part of the sale transaction. |
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After many successful years the current owner has taken the decision to retire. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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The owner recognises that the key to success for any business lies with the personnel, to this end the Company has a skilled workforce who feel that their contribution is appreciated and valued. The strength of this company lies with a professional committed workforce with all the three units being fully staffed and well managed. |
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