 | West Midlands Bathroom Company For Sale Undisclosed, West Midlands, United Kingdom Advert ref: TRB.1345 FINANCIAL DETAILS | Asking price: £180,000 Sales revenue: £500,000 Net profit: £50,000 Fixtures value: £55,000 Stock value: Undisclosed |
FRANCHISE TERMS | Franchise management fees payable of approx 5% of invoiced sales. There is also a marketing fee payable to the Franchisor of 1% of invoiced sales in the overhead costs.
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BUSINESS DESCRIPTION | The Business Partnership are pleased to offer this business For Sale:-
* Up Market Bathroom Retailer - Franchise Operation
* High Quality Showroom in Prime Location
* National Franchisor Supply Chain and Management Support
* Bespoke Bathroom Design and Installation Service
* Specialising in Top Quality Products from Major Suppliers
* Loyal and Experienced Workforce
* Recognised as one of the `Main Players’ in this Niche Market
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GENERAL INFORMATION | Years established: 4
Property: Leasehold
Lease terms
The business premises are held on a secure short term lease agreement, renewable in December 2016, at a current outgoing rent payable of £38,000 per annum. The next rent review takes place in December 2011.
Location
Located on a major arterial high street position in an affluent north Birmingham suburb.
Reasons for selling
Retirment
Related documents
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The Business Partnership - Birmingham Central, Birmingham North & Warwickshire | | | |
