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Natural Stone Flooring Retailer For Sale
Location United Kingdom
Asking Price Range < $250K
Gross Revenues $657382
Net Profit / Cash Flow $95417
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1993
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training The vendor will consider a training and handover period of up-to 6 months for the successful transition of operations to new ownership.
Reason for Sale The vendor of the business is looking to enjoy a well earned retirement after many successful years running the business.
Description Long Established Natural Stone Flooring Retailer for sale - with excellent levels of repeat business.
Location Buckinghamshire
Asking price: œ60,000 (reduced from œ160,000) plus stock at valuation circa œ70,000
Established over 18 years ago, this well known suppliers of high quality stone for flooring and tile has established an unrivalled reputation for quality with an enviable repeat client base from both the private and trade sectors. The business only supplies natural stone and is not involved in ceramics. As such, whilst the products offered can cater for aesthetic and economic requirements, it does tend to appeal to the more discerning customer.
The customers either find the company via the comprehensive website which receives enquires from across the U.K. and internationally, or mostly via the high levels of recommendations and referrals received daily. The products supplied by the business tend to be at the top of the list for Architects, Designers and Specifiers, whether they are engaged on a project for local high-net worth individuals and celebrities or business clients in the City. Corporate clients have included major retailers, spas, pub & restaurant chains. There has also been some very prestigious projects completed with the stones supplied by the company such as the crypt development at St. Martins in the Fields in Central London.
The business imports stones, marble and slates from across the globe with 11 key suppliers internationally, including those based in China, India, Spain, Italy, Germany, Portugal and France. Whilst most of these relationships go back over many years, the activity tends to vary depending on currency exchanges and the popularity of products. The owners of the business have strived to maintain relations through the ups and downs, so that suppliers are geared and delighted to supply when called upon. Contact for more information on this natural stone flooring retailer for sale.
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