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Highly Respected Tiling Contractor Business For Sale
Location United Kingdom
Asking Price Range < $250K
Gross Revenues $349170
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 50 - 99
Relocatable Yes
Number of Employees 50 - 99
Real Estate Leased
Training The vendors are agreeable to period of handover for the successful transition of the business to new ownership.
Reason for Sale After many years in the U.K. the owners of the business are looking to return to their native New Zealand with their young family.
Description Tiling Contractor
Residential and Commercial Tiling
Confidentially offered for sale
Ref No: GE072
Location: London
Asking price: 100,000
After apprenticeship and a number of years working as a tiling contractor this highly respected business was established by the husband and wife partners in 2005. Due to the attention to detail and quality of workmanship, the business quickly built-up an on-going commercial client base, and a long list of discerning residential customers whose priority was quality over price. As such the business has a diverse customer base with healthy margins present great stability to future earnings. Private individuals, a number of whom are high net-worth individuals are directed to the business via recommendation and referral from previous satisfied customers. There is also a constant stream of referrals from purveyors of top quality natural stone, marbles and ceramics to the business. The business revenue is split equally between residential and commercial work.
Commercial clients include end users directly and some key contractors involved in flooring and redevelopment which source all their tile fitting needs from the business. These key commercial contractors have utilized the businesses services for some of their most high profile prestige projects including world famous Central London 5star hotels, corporate headquarters and major retailers. It is due to the reliability of service, commitment to remaining on-site until the projects are completed, and importantly the quality of finish that these clients return time and again safe in the knowledge that they can outsource the Tiling service without worry, and to which the ultimate customer will be more than satisfied with the result.
The business is a member of The Tile Association, (TTA), and employs around 20 key sub-contractors at any given time, many of whom have been exclusively and loyally working with the firm for the past few years. There is also a book of around 4
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