Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Hard Wood Flooring Experts In High Tech Restoration, Repair, Installation And Sanding
LISTING DETAILS
Firms For Sale ID:
33358
Vendor reference:
GB188
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£385,000
Turnover / revenue:
£1,322,882
Net profit / cashflow:
£140,000
Years established:
2008
Number of employees:
6
Employees / staffing:
The owner is assisted by 4 office staff and 2 estimators. There are 18 teams of specialist restorers/floor sanders who are sub-contracted and carefully trained to provide a high level of service.
OTHER DETAILS
Reason for selling:
The vendor has explained that he has family commitments that are taking much of his time.
Support and training:
The vendor will assist with the handover and training for the new owner to ensure continuity of trading.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Hard Wood Flooring Experts in High Tech Restoration, Repair, Installation and Sanding
Ref.GB188
Location Fulham, London
Asking Price GBP 385,000
Established in 2008, this high profile business was started by the vendor.
Extremely profitable, the business is an expert in the wood flooring market, dealing with restoration work, refinishing and new installations using the latest sanding and dust free technology. Projects often involve using a network of reclamation yards, with whom the business has excellent business relationships.
The business mainly operates across Central and Greater London areas as well as the Home Counties, although larger projects are undertaken throughout the UK and has developed an excellent reputation. Top clients include Fulham Palace, Harrods, American Embassy, Israeli Embassy, and top celebrities homes plus 150 + schools which equates to circa 10,000 + top quality clients, an extensive database of High Net Worth Individuals.
This opportunity has huge growth potential and would suit a company already specialising in this sector wishing to expand or an individual looking for a profitable business with an already excellent platform from which to grow. Continued success can be achieved by continuing the business ethic of always putting customers first and providing top quality work.
Expansion Potential
There are a number of avenues for company growth including additional marketing to the very extensive high net worth customer base. With regards to the brand and sector, there is a real passion for wooden flooring and renovation of properties amongst customers, which could be easily capitalised on by expanding the same process.
Market / Competition / Non-Competition Agreements
Word of mouth recommendation and strategic and well thought out advertising has been a corner stone to the business, and really pushed them to the top of the sector using Google pay per click and google natural listing, plus search engine optimisation. The business has a professional website showcasing the company.
The business also uses Yell and Thompson, plus company brochures and direct mail distributing more than 300,000 in the London area.