Total of 18656 firms and businesses for sale today Friday 26th April 2024
Sold. Thriving Carpet And Flooring Retailers
LISTING DETAILS
Firms For Sale ID:
32854
Vendor reference:
AG135
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£700,000
Turnover / revenue:
£750,000
Net profit / cashflow:
Undisclosed
Years established:
42
Number of employees:
7
Employees / staffing:
There are 3 fitters which are employed by the business which work between both sites. Additionally there are 3 further full time members of staff with the owners also working within the business at intermittent days throughout the week. There is also a part time admin assistant.
OTHER DETAILS
Reason for selling:
The owners are looking at plans to retire from the industry.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Thriving Carpet and Flooring retailers
Two bustling high profile sought after trading locations
Ref.AG135
Location Yorkshire
Asking Price £ 700,000
This is an exciting opportunity to be able to acquire an established, family run business which has been trading under the same family ownership for the last 6 years, the trading name has been synonymous with providing high quality carpets and flooring since 1970. The business trades from two impressive retail showrooms offering an exceptional array of carpets and a various selection of flooring products to suit all types, tastes and sizes.
The business currently trades from a two well merchandised sites. The first of these has a high street position and offers an extensive freehold property located across numerous floors. This has proved to be ideal as an open plan showroom, this property also has the added bonus of sought after car parking to the rear.
The second site is a modern commercial leasehold property which has been converted from its former use as a car showroom into this now impressive carpet/flooring showroom. This sister site fronts onto a main tributary road which has a constant flow of passing trade since opening in 2012 this site has gone from strength to strength and complimented the original shop perfectly.The trading name of the business is renowned within this geographical area for quality products and a high level of service.
Expansion Potential
The current owners are now looking to retire but they also feel that the market for a business with such a strong reputation is very healthy. If new owners were able to spend more time marketing the products which are on offer then this would undoubtedly see income and profits continue to rise further.