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Tile & Granite Importer, Supplier And Retailer
Location United Kingdom
Asking Price Range $250K - $500K
Gross Revenues $612191
Net Profit / Cash Flow $161103
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training The vendor is happy to agree to a suitable hand-over period to ensure continuity of trading.
Reason for Sale Vendor is selling because he wants to pursue his other opportunities
Description Independent Tile & Granite Importer, Supplier and Retailer
Ref.ET029
Location South Buckinghamshire
Asking Price œ 110,000
This profitable and easily run business is based in retail premises on the main street of the most prestigious town in South Buckinghamshire.
The business is an independent tile and stone supplier and importer, offering unrivalled customer service, expertise, tile and stone advice plus a measuring and fitting service by pre-approved specialist teams of tile and stone fixers.
With extensive experience the business has the capability of knowing the market and its products supplying the latest tiles to come onto the market. The extensive range includes travertine, granite, marble, limestone, glass mosaics, porcelain and slate as well as all the top branded adhesives and tile accessories.
The premises are a showroom of product which is all supplied by the suppliers, with whom the vendor has an excellent business relationship. All stock is purchased through an agent who delivers on a `just in time' basis, hence the business carries little or no stock as clients buy the goods and pay upfront, the vendor then orders the merchandise, takes delivery to the site and then pays for the goods.
The business is the exclusive distributor in the SE of the UK for Techlam products, which are a ground breaking ceramic product and currently account for around 5% of sales, but is growing rapidly
Selling both to trade and direct the business maintains a strong commercial balance, the vendor quotes and measures all jobs and works in the retail premises with 30% of the business being generated from builders, contractors and developers, 70% of the business is from sales to the general public. Fitting and maintenance cleaning is also undertaken by 3 teams of fitters, all of whom are sub-contractors.
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