Plumbers’ Merchant and Large Bathroom Showroom

Colchester, Essex
REF: S06008

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

Overview

Tenure:
Leasehold
Established:
2002
  • Friendly & Professional Team
  • Spacious Premises

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 (Year)
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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