Flooring Specialist Company Operating in the Commercial and Domestic Markets - Bath
Price : £225,000
Business Reference No. 12749
- First time on market
- Long and well established
- Enviable good name and reputation for excellence
- Able to rely heavily on repeat, recommended and referred business – so little need for significant market spend to promote the business
- Approx. 50% commercial and 50% domestic trade
- Mainly (circa 90% of total trade) conducted within a 15 mile radius of Bath
- Certain types of flooring enquiries declined – thus providing opportunity for a new owner to expand the company’s range of work if desired
- Turnover £471,000 (Adjusted Net Profit £145,000) y/e 31/01/2021 despite impact of Covid-19 related restrictions! The current financial year is on track to deliver a higher performance.
- Genuine and significant scope for further business expansion
- Retirement sale
- Attractively priced for early transfer into new ownership
THE BUSINESS : Established in 1984 by the current owner and incorporated in 2007. (The business founder is the sole director and shareholder of the company). The company’s business is the provision of flooring services with 90% of its trade conducted within a radius of about 15 miles of Bath (although it does operate somewhat further afield but on a very selective basis – for the ‘right projects’ it is, of course, prepared to travel virtually anywhere!). The business is evenly split between commercial and domestic trade (approx. 50/50) and is almost entirely based on a ‘supply and fit’ service (only very rarely is it prepared to fit customers' own materials).
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