Trade and Retail Reseller of Tiles, Materials and Work Tools
Location : Kent
Asking Price : £115,000 plus SAV
Turnover : £180,000
Net Profit : £35,700
Gross Profit : £54,000
EBITDA : Undeclared
Net Asset : £20,000
Premises : Leasehold
Confidentially offered for sale
Gross Profit: £54,000
Net Profit: £35,700
Net Assets: £20,000
Established base of local trades people
Strong local customer base
Fully fitted showroom
Turner Butler has been appointed to invite offers of purchase for 100% of the issued share capital of this long established tiles, materials and tools reseller.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 is paramount. This is borne out by the high level of repeat business.
An extensive local customer base with tremendous amounts of word of mouth recommendations.
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.
The asking price of £115,000 is for 100% of the issued share capital of the company. Assuming net assets of approximately £20,000 on completion (calculated on a zero cash-zero debt basis).
The company does not advertise.
There is no online presence with this business nor do they pay to advertise. This is two potential areas for growth and expansion.
The showroom is located on a modern enterprise park. Current annual rent and service charge amount to £9,670 per annum.
Only the current owner
If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.
If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at firstname.lastname@example.orgTurner Butler Disclosure Statement
This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')
The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.
For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into
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