Specialist Flooring Supplier Exhibitions, Contract & Retail
Ref.AG146
Location South Wales
Asking Price £960,000
Turnover £1,089,000
Gross Profit £618,000
Business Profile
This well known and successful business was founded by the vendor in 1985 and was in response to noticing an opportunity to supply and fit contract floor coverings to the exhibition industry and to add value and generate secondary revenues by re-selling the previously supplied and used carpets back to commercial contract and exhibition customers, looking for savings.
The essential character of this business is illustrated in the novel way that its commercial, business to business activities in supplying and fitting exhibition and contract flooring is combined with its retail activities through its freehold premises on a busy and popular trading estate near one of South Wales best known Cities.
These retail activities account for circa 26% of overall turnover and is a growing & reliable cash-flow positive contributor to the business’ financial performance.
This format has remained unchanged since 1985 and has proven to be both highly profitable and sustainable as a business model; the business continues today as it always has, following this reliable format.
