Total of 18659 firms and businesses for sale today Saturday 11th May 2024
Sold. Supply & Installation Of Soft Flooring Products, Primarily 95% Commercial - 5% Domestic
LISTING DETAILS
Firms For Sale ID:
33623
Vendor reference:
AG140
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£720,000
Turnover / revenue:
£1,799,081
Net profit / cashflow:
£330,000
Years established:
6
Number of employees:
5
Employees / staffing:
The company employs 3 full time staff including the owner, a contract manager and an estimator. Part time staff consists of an accountant, a subcontracted foreman, (if required) and up to 25 tradesmen as necessary.
OTHER DETAILS
Reason for selling:
The owner is looking at new business ventures as he feels the company has reached its capacity under the present ownership and it is time to move on and pass over to new owners.
Support and training:
Full support and training will be provided to ensure a smooth transition of ownership.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Supply & Installation of Soft Flooring Products, Primarily 95% Commercial - 5% Domestic
Ref.AG140
Location East Hertfordshire
Asking Price GBP 720,000
This contract flooring company supplies and installs specialist soft flooring products plus hard wood flooring restoration. Established in 2008 and operating nationwide, the company prides itself on the excellent, quality service it offers clients and main contractors in all market sectors.
The majority of the turnover is derived from trade customers (circa 95%) with around 5% from the domestic market. There is an established blue chip client base of hospitals, embassies, hotels and schools etc., ensuring a high proportion of return contract work and a full order book due to the demand for the highest standards of quality and attention to details this company offers.
This company never loses focus, using a professional approach, listening to customers and offering good old-fashioned service. Reliable and using all the necessary expertise, staff are always happy to go out of their way to find the right product for their clients, the company is totally committed to providing the highest quality of work.
All main brands of flooring are supplied and there are excellent supply arrangements with all principal suppliers. Much of the contract work undertaken is for branded materials, as specified by the customer, but the company also carries a wide range of flooring stock. There is a constant flow of new business from new and existing customers, with the company securing a high percentage of work for which it tenders.
Market / Competition / Non-Competition Agreements
The website undertakes minimal advertising however, there is a company website to showcase the business and its services. Much of the work is received through referrals and recommendation.