Friday, 4 October 2019

GE099-Trade and Retail Reseller of Tiles, Materials and Work Tools

New Business For Sale - Trade and Retail Reseller of Tiles, Materials and Work Tools

Ref. GE099
Location Kent
Asking Price £115,000 plus SAV
Turnover £180,000
Net Profit £35,700

Business Profile
The business is involved with sales of tiles, materials and tools to traders as well as retail customers. They have a strong base of traders who regularly buy tools, adhesives, grouts and other materials. Traders often refer their clients to the showroom.

Customer Service:

Customer service is paramount. This is borne out by the high level of repeat business.

Key Strengths:

An extensive local customer base with tremendous amounts of word of mouth recommendations.

Financial Performance:

Turnover c. £180,000
Gross profit c. £54,000
Adjusted net profit c. £35,700
100% of the issued share capital of the company is being offered for sale on a going concern basis. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.