Business for Sale in England: West Sussex - HOME IMPROVEMENTS BUSINESS IN THE WORTHING AREA - Freehold: £250,000

Key Information

Ref
M33348T
Type
Retail Businesses: Bathroom & Kitchen Retailers
Location
England: West Sussex
Tenure
Freehold
Status
For Sale
Annual Sales
£302,246 Ex Vat
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Established in 1983, the business is based in a very attractive and affluent coastal location and specialises in the design, supply & installation of kitchens, bathrooms and bedrooms dealing with major manufacturers such as Crown, Symphony, Crosby and Calypso. The company is independently owned and has an excellent name in the local area with much work coming through recommendation and repeat business gained with good service over 35 years.

Currently, the business is owned and run by two family members without the need for additional staff. Subcontractors are used when required for installation work allowing a high degree of flexibility and keeping fixed overheads to a minimum. General running costs are low and no business rates are payable at present. The most recent trading accounts show annual sales of £302,246 and a gross profit (before labour costs) of £166,665.

New owners will be taking over a very well-established business with a great reputation and a clear ethos of providing “modern ideas and traditional values”. The current owners will be pleased to offer assistance during a handover period following the sale and will also help to convey any special knowledge required.

The sale of the business includes substantial, well-maintained and well-equipped freehold premises in excess of 1000 sqft incorporating showroom, storage and office facilities. Externally, there is a forecourt with ample room for parking. The valuable showroom display equipment is included in the sale along with all fixtures & fittings and office equipment.

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