Plumbers’ Merchant and Bathroom Showroom – Based in West Yorkshire

YE22 turnover of £1.9 million and a gross profit of £463k.
Adjusted EBITDA of £229k.
Consistently strong financial performance over a number of years, including high turnover and profits.

Overview
The company supplies a comprehensive range of plumbing and bathroom products to retail and trade customers via a retail showroom and trade counter.
The trade business provides steady revenue with a 90% customer-retention rate; the retail showroom accounts for 65% of income.
The company has built an established local reputation over many years, and is synonymous with its product offering in the local area, driving consistent sales. It also has long-standing business relationships with over 40 plumbing and bathroom suppliers globally.
A unique growth opportunity is available to expand market share significantly to a national customer base by establishing an e-commerce presence via a website and social media channels.
The directors are selling the company to facilitate retirement.
Offers invited.

Key Highlights
Operates from city centre leasehold premises.
Benefits from an established customer base providing recurring business alongside a strong retail offering.
Various avenues for growth utilising the company’s network and established brand.
A handover period can be negotiated.