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Fully Accredited Commercial Contract Flooring Company
Location United Kingdom
Asking Price Range $250K - $500K
Gross Revenues $1654839
Net Profit / Cash Flow $120340
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1972
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training The vendor will provide a comprehensive handover to ensure a seamless transition of ownership.
Reason for Sale Planning exit strategy with retirement approaching.
Description Fully Accredited Commercial Contract Flooring Company for sale.
Ref.GB180
Location Tyne & Wear
Asking Price œ 249,000
This business, established over 40 years ago, provides a comprehensive range of floor coverings and carpets to both the public and private sectors on a regional basis throughout the North East of England. The company provides a full supply and installation service and deals with all the major flooring manufacturers in the UK, mainly on a direct basis, which ensures it is always competitive and has a strong supply chain. It also benefits from these manufacturers passing them leads such is its market presence.
The business has put in place all the necessary accreditations and memberships to ensure it is able to serve the market be it direct to end users or via their nominated contractors. Because of this it enjoys ''Approved Supplier'' status with many public and private sector bodies within the region. It is also due to the fact that the business has established itself over 40 years as a premier commercial flooring company that can be trusted.
The company supplies and installs all types of flooring on a commercial basis to both end users and their approved contractors typically within a 50-60 mile radius of its base within the North East. This includes carpets, vinyls, sports floors, safety flooring and entrance matting systems. It has a large cusomter base of some 120 clients within both the public and private sectors (inc National Contractors, NHS, Local Authorities-Social Housing, Schools, Blue Chip organisations etc) and enjoys consistent levels of business, such is its reputation and the accreditations it holds. It also does a very small ammount of domestic work (high end-Karndean, Amtico etc) on a private baisis and has a small showroom on site to assist in this.
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