Business for Sale in Norwich, Norfolk - BATHROOM & KITCHEN SUPPLIERS/FITTERS - NORWICH - Leasehold: £525,000

Key Information

Ref
M33738E
Type
Retail Businesses: Bathroom & Kitchen Retailers
Location
England: Norfolk
Tenure
Leasehold
Status
For Sale
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This long established and very well regarded bathroom and kitchen company comes to the market due to pending retirement of the current owners and presents an excellent opportunity for new management to build further on the considerable success that has been enjoyed for many years.

Suitable for both a private individual to take on or for an established company looking for an additional branch in a prime location easily accessible off of the inner ring road and surrounded by similar trade and retail businesses. With an exceptional reputation for quality products, first class customer service and installations coupled with a sound financial position the hard work has very much already been done here.

THE BUSINESS ITSELF

Established since 2001 the business has gone from strength to strength with turnover increasing each year and now exceeding £1m pa with very good profit margins to match.

As an independent retailer with no commitment to a specific manufacturer a wide product range can be offered with a strong focus on quality brands such as Kudos and Merlyn. Having started out supplying bathrooms in more recent times kitchens have been added and this is a side to the business which could be greatly expanded on to further increase turnover. In addition the majority of business is for supply and fit with little emphasis on supply only and this is again something which could easily be pushed by a new owner. With the vast majority of business coming by way of recommendation and repeat customers, little advertising has been carried out and the website is also still in it’s infancy.

The business has all the key foundations securely laid but offers clear avenues to further grow revenue whilst knowing that it will continue to run on a profitable basis as it currently is.

ACCOMMODATION

ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.

The business is situated in an ideal location known for home and trade retailers and sits prominently towards the front of the estate and is passed by anyone going to one of the other nearby companies. Serving both customers and staff is a large car parking area to the front with vehicular access to the rear where a concrete service yard and brick shed provide space for additional storage. It also provides ample room to extend the unit to increase the internal showroom and office areas should a new owner so wish.

Moving inside you will find the main showroom area measuring in the region of 1300sqft with an additional area to one end showcasing the shower enclosures and providing a separate storage area of approximately 600sqft. With a range of quality bathrooms and kitchens on display together with associated products customers are able to get a good view of the possible new options they could have for their home.

To the rear of the shower enclosures in a separate lobby is the rear door and a staircase leading up to a mezzanine floor that has been boarded out to provide some 600sqft of storage space.

To the other end of the building is the office area, partly open plan to provide 3 desks with a further private office and fitted kitchen there off. Above the office area up a further separated set of stairs is an additional storage area consisting of a carpeted main room and further storage room off. As you would expect there all also very well fitted out toilets for staff and customer use.

All in this is a well presented unit offering showroom, storage and parking areas all in good proportions and offering further possibility to extend if desired.

Copyright © EM & F Group Limited 2018 - Company No: 03035561 - VAT: 631 4000 02