A small business located in the centre of Lagos trading since 1995 with a strong market goodwill,selling major imported brands of solely UK paints and equipment for water proofing, terraces, and products for the treatment and maintenance of property and wood. with a client base 99% expats with 98% being British expats and tradesmen.

The property and business are sold free from debt and the building is personally owned by the company owner and is freehold and included in the full package of the business,the property consists of an open plan storage display area complete with paint mixing computerised systems. A Mercedes Vito delivery van is also included.
PROPERTY INFORMATION

Property: Freehold

Buildings personally owned by company owner and included in asking price

LOCATION

Lagos, West Algarve ,Portugal situated in an area with good parking and easily accessible to all main Motorways giving easy access to deliveries etc..

PREMISES DETAILS

Single storey ground floor office storage space with racked out accordingly with computerised paint mixing machines
Size In m2: 63M2

BUSINESS AND COMPANY BACKGROUND

There is considerable potential for increasing future sales.The business has been built upon customer care which has given the business a family feel and at the same time generated client trust.

The company has now successfully been running for the past 20 years and has a unique product base within Algarve Portugal including such iconic brands as Dulux ,Sandtex and Ronseal


No Other distributors offering the same paint brands in Portugal

Reason for selling - Retirement

OTHER INFORMATION:

Support & Training:

A free handoverTraining period of up to 3 months is included in the package; thereafter via consultation

Furniture Fixtures Value: 30K (included in the asking price)

Inventory Stock Value: guaranteed at 40K (included in the asking price)


A full set of accounts is available to view to principles only.




- REF: C100-11