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Bag a Business Ltd is delighted to offer for sale this extremely profitable bathroom and tile distributorship. The business was established by our client in 1970 and has seen turnover increase to its present level of £2,200,000 with a gross profit of around £582,000 and an extremely high net profit of around £300,000. Our client is offering this business to market in order to retire. The prospective purchaser will have the benefit of both experienced staff and management to help ease the transfer of ownership. The company offers tiles to the public and bathrooms mainly to the trade. They have exclusive sole agencies for Northern Ireland. They also import baths direct from Croatia, South Africa and China and tiles from Europe and Dubai. On the bathroom side they have around 150 retail customers throughout Northern Ireland and 5 major builders, who would regularly purchase from them. A new growth area is the supply of bathroom / en-suite pods, which are prebuilt and dropped into sectional buildings. Tile sales would represent about 20% of the business, bathroom suites making up the rest.
Bag a Business Ltd feels that this would be a great acquisition for a local company, or indeed a fantastic opportunity for a Southern Ireland or mainland based company to get a foothold in the Northern Ireland market.
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