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Annual Turnover £392,000
Blue Chip Client Base
Gross Profit 48%
EPC - Not Required
REF 5566 – Leasehold & Relocatable Shop Fitting and Installation Business
Blacks Brokers are proud to bring to the market this leasehold, fully relocatable shop fitting and installation business currently located in Calne, Wiltshire.
Allan Bowden Installations Limited has been trading since 2005. During that time, the business has firmly established itself within this business sector and built up a large, blue chip customer base and a reputation second to none.
Currently positioned in Wiltshire, this business covers all surrounding areas and shops and businesses Nationwide. The business can be managed from anywhere in the UK.
REASON FOR SALE
The business is only being offered for sale due to retirement.
The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is a rolling monthly lease at a cost of £170 per calendar month. However, this is a relocatable business proposition and, as noted above, could be managed from anywhere within the UK.
This is a highly reputable business that has no need to advertise due to most of its projects coming from the high volume of repeat business and recommendation. This business does not design or build bespoke shop fittings; they are contracted to install shelving, checkouts, warehouse racking and retail display areas within the likes of Tescos, Sainsburys, Morrisons, The Works, B&Q, Homebase and B&M Bargains. The business runs from a small office on another companies site, this is an ideal, relocatable, bolt on business.
The business has 2 owner/operators and 12 sub-contractors.
Financial details are available upon a viewing of the business and the business has traded solidly over its trading history. The business generates an annual turnover of £392,000 with strong and consistent gross profits at around 48% at £188,160. The comprehensive website included in this sale is http://---.------------------------.--.--/
This is a fantastic opportunity for a company working in the same or allied sector to acquire this profitable shop fitting installation business that installs for some of Britain's biggest retail chains and those in Ireland. This proposition would ideally suit an owner operating team or similar business that could push the business forward and build upon the solid and impressive trading foundations. Early meetings with our client are strongly advised.
The business operates 24/7
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