Plumbers’ Merchant and Large Bathroom Showroom **Open to Offers**

Colchester, Essex
REF: S06008

Asking Price:
£250,000
Annual Turnover:
£936,478
Annual Net Profit:
£150,028
Reduced
REF: S06008
Photo of Plumbers’ Merchant and Large Bathroom Showroom **Open to Offers**
Photo of Plumbers’ Merchant and Large Bathroom Showroom **Open to Offers**
Photo of Plumbers’ Merchant and Large Bathroom Showroom **Open to Offers**
Photo of Plumbers’ Merchant and Large Bathroom Showroom **Open to Offers**

Overview

Tenure:
Leasehold
Established:
2002
  • Extremely high turnover
  • Ideal location
  • Offer a range of services
  • First class customer service
  • Large showroom

The business for sale is a plumbers' merchant with a large bathroom showroom on the outskirts of Colchester in Essex. The company specialises in first class customer service and competitive pricing.

The business offers a range of bathroom suites and shower rooms, whilst also offering a full installation service including plumbing, tiling, electrics and even a limited range of flooring.

The plumbing and heating merchant have been trading for over 16 years. In that time, the business has grown from a small trade counter to a trade and retail shop with a bathroom & shower showroom of approximately 3500 square feet. Plus, another 1000 sq. ft. of storage area.

A great number of installations are carried out each year and the professional staff always deliver a high standard of service with excellent workmanship.

The business for sale acts as an independent plumbers' merchant with a large bathroom showroom on the outskirts of Colchester.
Established in 2002, the business has experienced year on year growth: steadily growing from a small 'trade' outlet to a shop with a trade counter downstairs together with a bathroom & shower showroom of approximately 2500 square feet upstairs.
For full bathroom suites and shower rooms, the company also offer a full installation service; including plumbing, tiling, electrics and even a limited range of flooring. The products available for trade and retail customers include: washers, pipe fittings, water softeners, bathroom suites, kitchen suites or a full central heating system.

In the premises, staff enter through the entrance lobby, with stairs. On the left, there is access to the first floor and further along are a set of doors – the trade centre area – leading to a warehouse and an office at the rear. There are also two toilets and a kitchen area. Upstairs, there is a bath and shower showroom, plus an open plan office area, a small kitchen area and a toilet.
Equipment included in the sale are: computers, office desks, a CCTV security system, pallet racks, sack trolleys, various showroom displays, a coffee machine and a 2012 plate van.

Established over 16 years ago, the business has demonstrated year on year growth and now achieves an impressive annual turnover.
With a good level of net profit available and a fantastic reputation, this is an ideal opportunity for an entrepreneur with industry expertise, or a competitor looking to grow through acquisition, to own a successful business with further growth potential.
By recruiting a larger workforce, a new owner will be able to serve more clients and enable the business to take advantage of organic growth.
The current owner has developed a profitable and highly regarded business which is now primed for exceptional further growth. The current owner is also willing to stay on for a transitional period, if needed.

Features

Online Presence

Location

  • Close to Local Businesses

Property

Annual Rent
£27,000
Annual Rates
£9,425
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
No
EPC Rating
C 51-75

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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