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Business for sale in United Kingdom - Ik223-bathroom supply and installation for the disabled-north yorkshire -teesside border

Asking Price: 1,200,000 £ Real Estate: Lease
Sales Revenue: 1,824,000 £
Net Profit: 420,000 £
Year Established: 2004
Employees: 5FT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/City of London/North Yorkshire -teesside Border

Business types:

Retail

Business categories:

Hardware Stores ; Home Furnishings ; Other Retail Trade

Business description

this is an excellent opportunity to acquire an independent run business that supplies and installs bathrooms for the disabled. Established in 2004, the company have quickly become one of the most respected names in the industry for the supply of high quality baths, powered baths, showers with cubicles, toilets, suites, plynths, towel rails and other accessories including flooring and wall panelling. This product is on a need basis,not lifestyle and therefore becomes a vital purchase to the end user. They have a superb and extremely successfull nationwide marketing campaign with regular adverts in national newspapers, magazines and monthly publications headed up by one of the uk’s best known and loved tv personalities. The company provides their clients with a free 0800 number encouraging the enquirer to phone free of charge. The company does not believe in buying leads and cold calling. They generate all of their own leads which are received by a 24 hour fully manned call centre who qualifies the enquiry. These are then passed on to the head office who sends out a full colour brochure and covering letter. The letter is then followed up by phone to arrange an appointment for one of the sales agents to visit with no obligation to the customer. The company supply and install products nationwide with a team of sales agents and highly skilled and trusted sub-contract fitters. They only deal with well established suppliers of equipment and pride themselves on offering a superb product and service at extremely competitive prices. The company designs the bathroom according to the needs of the customer. A drawing and quotation is provided to each customer and a technical surveyor visits the individuals home to validate that the product will fit the needs before the fitting takes place. Every care is taken to make sure that the bathroom is completely fit for purpose ensuring the job is done correctly first time. Finally a phone call is made to the client afterwards to make sure they are happy and content with their purchase. This is a company has grown over the years by making customer satisfaction their number one priority. They have a large number of testimonials and many of their new customers come from referalls and word of mouth recommendation. They are profitable with good cash flow as depsoits are taken and the bathroom is fully paid for before installation. The company can finance and takes payment by credit card. They are competitive and only deal directly with private end users. This is a wonderfull opportunity for an entrepeneur to take a solid and profitable business, which is in a growth market as our national average age increases each year, and take the business forward by offering a wider range of equipment and services to the elderly and disabled. Customer service: customer service is paramount to the success of this business and the owners have made this a priority and the watch word of the company. The company sends out to all enquiries a full colour brochure and they have a fully functional easy to navigate website all leads are diligently followed up and the company has a tried and tested system in place to ensure that each enquiry receives the same level of service and care. Sales agents are monitored to ensure that they are providing the advice and products to match the customers needs. Key strengths: this is a well established company who have used sound business principles to build up their sales, and have become one of the uk’s best known and respected names in supplying bathrooms to the disabled. The company has been developed in such a way that it can cater for even the most demanding of clients. They have an excellent understanding of their key market and have a strong management team in place to keep continually driving the company forward in the right direction. They have a strong marketing campaign which brings in good results and the sale forecast for the coming year is for double digit growth. The infrastructure is in place to grow the company further and widen the portfolio of products that they supply to the disabled market. Growth and expansion: the management team are continually looking for new innovations and trends in the market to keep one step ahead of their competition. The company continues to work with its suppliers helping them to evolve new products and introduce them into the market place. The owners believe that with their strong brand name and identity they are perfectly positioned to sell items such as mobility scooters, beds and chairs for the disabled. They have also the option to introduce their services into the public sector and supply to councils, schools, hotels and nursing homes.

Additional information

Additional information: Not Disclosed
Support & training: The owners would be happy to help with a smooth transfer of the company in any way possible.
Reasons for selling: They believe that it now needs fresh impetus from new owners to take the business forward and grow it to the next level.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: The company works without a lease period agreement paying £19,000 per annum rent and services with rates of circa £6,500 per annum.
Location: The business is located in modern rented offices on Teeside across two floors. Downstairs has an office, kitchen area and a toilet with a disabled facility. Upstairs has two separate offices and a general office. The company works without a lease period agreement paying £19,000 per annum rent and services with rates of circa £6,500 per annum. There is spare capacity within the office which could be used to either expand or could be sub let. The company also rents a small storage area costing £367 per month.

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