Buy a business

Flooring Specialist – Domestic, Commercial & Industrial

Peterborough, Cambridgeshire

Advert ref: 3020TPBW

 For a swift sale, the owner will consider £50,000 up front with monthly payments for 2-3 years for the balance.
World of Flooring is a very well established and highly thought of flooring business with an enviable reputation. The business warehouse/office was sold in 2018 and has since been running from an office at the owners home thus making the transfer of the business, an easier transaction. With a great diversity of clients from home owners to large industrial companies, sales come in via repeat business, word of mouth and from their website.
They do not advertise or have any social media presence, so the potential to increase sales through these channels would be strong.
Sales circa £300k and a GP of over 55%.
Asking Price: £130,000 + SAV  
Further information available on completion of the NDA

Key features:

  • An offer of £50,000 up front with monthly payments for 2-3 years would be considered by the owner.
  • Very well established, trading for 18 years
  • 2 highly experienced fitters who will stay on in the business
  • Long standing client base ensuring a continual stream of repeat business – local district council, schools, care homes
  • Strong relationship with local developers
  • Year on year sales growth with a healthy GP
  • Potential to expand the business  
  • 2 x 4 years old Mercedes Sprinter vans included in sale
  • Floor preparation equipment – Scabbler, Stripping Machines, Welders, Compressors, Guns & Hand Tools all included in the sale
  • Family run business

Property Details: N/A
Asking Price: £130,000 + SAV
Turnover: £300,000 Annual
Location:

Whitlesey, nr Peterborough

Premises Details:

No premises involved in the sale

Relocatable: Yes
Reason For Selling:
The owner is wanting to retire

Flooring Specialist – Domestic, Commercial & Industrial  Peterborough, Cambridgeshire

Financial Details

  • Asking price: £130,000 + SAV
  • Turnover: £300,000 Annual
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