Well established Ceramic Tile Retailer Based in Cornwall

Hayle, Cornwall
REF: INT2365

Asking Price:
£97,500
Annual Turnover:
£146,867
Annual Net Profit:
£38,266
Featured
REF: INT2365
Photo of Well established Ceramic Tile Retailer Based in Cornwall
Photo of Well established Ceramic Tile Retailer Based in Cornwall
Photo of Well established Ceramic Tile Retailer Based in Cornwall
Photo of Well established Ceramic Tile Retailer Based in Cornwall

Overview

Tenure:
Leasehold
Established:
2001
  • Excellent Reputation
  • Low Overheads
  • Equipment Included
  • Spacious Premises
  • Strong Supplier Relationships

Now on the market is a professional supplier and installer of tiles located in Cornwall.

Established over 22 years ago, this business is renowned for its bespoke offerings and exceptional customer service, they have emerged as a leading player in the market.

The business offers a diverse range of tiles sourced from reputable manufacturers, catering to both public and trade customers alike.

With 5 stars on Google Reviews and Yell, this business has garnered a loyal customer base and a stellar reputation within the industry.

From traditional to contemporary designs, the range of tiles available ensures suitability for every home, including vintage interior styles.

Backed by a professional and amiable team, customers can expect a seamless journey with expert guidance at every stage and competitive pricing.

This would be an excellent acquisition for someone within the industry or those seeking a turnkey business with an established presence in the market.

Situated in the affluent town of Hayle in Cornwall, this tiling business boasts a remarkable 22-year trading history, solidifying a sterling reputation within the community.

Managed as a partnership by two directors, the business caters to both consumer and trade clients, offering a comprehensive range of tiling solutions.

Operations take place from an impressive 2,000 sqft showroom, available on a leasehold basis with an annual rent of £15,000. With 5 years remaining on the current lease, prospective purchasers could explore options for extension upon discussion.

To further expand the business, implementing an e-commerce strategy is recommended, enabling the sale of tiles online through the company website and third-party platforms like Amazon and eBay.

Moreover, considering the business has primarily relied on word-of-mouth recommendations with minimal marketing efforts, exploring avenues such as leaflet drops and implementing SEO and PPC campaigns for the website could yield positive results.

Additionally, leveraging social media platforms such as Facebook and Instagram for brand promotion and engagement with customers can enhance visibility and drive growth.

Features

Online Presence

Location

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  • Office Based
  • Residential Location
  • Close to Local Businesses
  • On-Site Car Parking
  • Limited Competition

Property

Annual Rent
£15,000
Annual Rates
£600
Lease Term (Years)
5
Lease Expiry (Year)
2029
Accommodation Included
No
EPC Rating
D 76-100

Financial & More

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