||Employees||8 full, 1 part
* Included in Asking Price
Specialist Supply & Installation of Resin Based Products used in Floor & Wall Finishes
Commercial and Industrial market
Location : West Sussex
Asking Price : £435,000
This business, established over 30 years ago, provides a comprehensive range of resin floor and wall finishes and has its own proprietary branded product. It supplies and installs flooring and wall finishes to both the public and private sectors throughout the UK.
The company provides a full supply and installation service and deals with all the major flooring manufacturers in the UK, 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 30 years as a premier commercial flooring company that can be trusted.
The company has a large customer base within both the public and private sectors, including National Contractors, NHS, Local Authorities-Social Housing, Schools, Blue Chip organisations, architects and specifiers and enjoys consistent levels of business, such is its reputation and the accreditations it holds. The business is one of the few in the UK to receive certification under ISO 9001:2008 BS5750: Quality systems. All products have been tested in accordance with BS 6319: Testing of resin compositions for use in construction.
|Facilities:||The business operates from modern leasehold premises and is situated on a well known industrial estate with excellent access. Premises comprise circa 1,800 square feet of ground and first floor (incorporating warehouse and office). There is ample parking outside for vehicles. It is understood a new lease would be made available to a new owner. Alternatively the business could easily be relocated should a new owner so require. Current rates and water are circa £3,000 p.a.
Rent is not currently paid as the premises are owned by the vendor.|
|Competition:||The business has been trading for over 30 years and has never felt the need to advertise. It does have a basic information website but most of its work comes via repeat business, referrals and recommendations, not to mention from its status as an accredited company and approved supplier to its many customers. As part of its accreditations the business is listed within many of these bodies own websites and directories, which also enhances the company profile.
The business does have an attractive and comprehensive website detailing its products, services and many case studies detailing successful installations. The site could be marketed more aggressively using search engine optimisation techniques and perhaps social media to enhance its presence and drive traffic and enquiries.|
|Growth Potential:||The business has enjoyed an excellent level of business to date and continues to consistently perform even in today’s tough economic climate. Growth could be achieved by extending the portfolio of supplied and installed products to non resin based coverings. Incumbent management are keen to develop new business opportunities.|
|Training/Support:||The vendor will provide a comprehensive handover to ensure a seamless transition of ownership. This should be a relatively simple process as the business has several key members of staff.|
|Sale Reason:||the vendor has decided that the time is right to take retirement.|
Seller Reference #JE019
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