Freehold Top Quality Plumbing & Heating Supplier to the Trade & Retail inc. Complete Bathroom Suites
Asking Price:£450,000 inc. Stock
Asking price includes:
Turnover circa £435,430 per annum
Gross profit circa £96,230
Net Asset value circa £45,748
Stock approx. £55-60,000
Freehold high street premises
Excellent supplier with a long trading history
Member of the IOBM – Institute of Builders Merchants
Established in 1969, this family business supplies quality plumbing and heating equipment to the trade and retail markets on a 50/50 split, everything from small accessories to complete bathroom suites.
Trading for over 40 years the business became Ltd in 1973. All types of plumbing and heating supplies from leading manufacturers are held in stock, ensuring an efficient and speedy supply and an excellent reputation with the local community for stock availability.
Turnover has grown at a healthy rate and market conditions continue to flourish in this sector of the industry. The business is based in a superb location on a busy high street in a densely populated area giving further growth potential to continue this trend.
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