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BUSINESS FOR SALE Retail Home & Garden Swimming Pool

Leasehold Supplier Of Hot Tubs With 2 Showrooms For Sale

£75,200.00 (Fixed)

  • Leasehold Supplier Of Hot Tubs With 2 Showrooms For Sale
Description
Price : £75,200.00 (Fixed)
Type : Sell
Date : 19th September 2018
Warranty : No
Location : Plymouth, UK

•Good consistent levels of turnover

•2 showrooms with first class displays

•Widespread local reputation

•Strong social media presence

•Fantastic change of lifestyle opportunity

•Ideal acquisition for expanding allied operator

•Huge development potential

•Turnkey Business

•Early interest essential

Falcon Commercial is delighted to offer for sale this thriving business which supplies Hot Tubs direct from the manufacturer. It has been under the proud ownership of our client since 2014 during which time they have made considerable investment and have grown the business. It is now reluctantly being placed on the market due to personal reasons not connected to the business. During our client’s stewardship the business has built up an excellent reputation for its quality products, friendly service and value for money.

This young and still-expanding company which has just appointed its first dealer in Suffolk currently primarily conducts an extremely popular sales, supply and installation operation of a superb range of state-of-the-art, high quality hot tubs to suit all budgets.

There is tremendous potential to increase the turnover possibly by adopting a more vigorous marketing policy of its existing products and services, particularly through its informative dedicated website.

There is also considerable scope to expand the dealers throughout the UK as well as to increase the product range offered to include spare parts, artificial grass, patios and decking.

Premises – 2 showrooms

•Plymouth – Substantial and well fitted two-storey leasehold industrial premises provide highly functional internal business accommodation which includes an extremely well presented first floor showroom and ground floor warehouse

•Truro (Chacewater Garden Centre) – Hot Tub Showroom

Van

•A bespoke purpose made hot tub van is also available. It is a flat bed with drop down sides, winch and full 2m tool bin.

Turnover

•£238,000 Per year.

Trading hours

•The business operates flexible hours, largely from Tuesday – Saturday 9am to 5pm

Business website

Accounts

•Accounts will be provided to genuine purchasers after a formal viewing

Business Rates

•Current Business Rates payable: NA

•Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website

Legal Costs

•Each party to bear their own legal costs incurred in the transaction

Stock

•Stock value is: TBC

Staff

•The business is run by our client with help from part time staff

EPC

•Commercial Energy Performance rating: B

Tenure

Leasehold. The Plymouth Showroom is held on a secure 5 year lease with 4.5 years remaining. Rent payable is £12,000 per year.

Handover

The current owner will be available to train & work with the new owners for a period, if required, to ensure a smooth takeover

Viewing

Strictly by appointment with the vendor’s agents, Falcon Commercial, 1 Miltons Yard Axminster EX13 5FE on

 

 



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