In order to contact the buyer/seller, you must be a registered user of the site and must be logged in
Business for sale in United Kingdom - 7039ng nottinghamshire l/h 40,000 furniture retailer
| Asking Price: | 40,000 £ |  |
Real Estate: | Lease |
 |
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales Revenue: | 123,620 £ | ||||||||||
| Net Profit: | 28,251 £ | ||||||||||
| Year Established: | 2001 | ||||||||||
| Employees: | 2PT | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
|
||||||||||
Business types:
Retail
Business categories:
Furniture Stores
Business description
Advent Business Sales have been instructed to offer for sale this well established and profitable business. Established 7 years ago by the vendor, it is now reluctantly offered for sale due to the vendors other business commitments. The business currently offers a range of beds and bedroom furniture, sofas and sofa beds, dining furniture and recently garden furniture. Deliveries are currently offered free to the local area. There is a website included in the sale which currently shows a comprehensive range of goods available. The business is also advertised minimally in local press. A 3 tonne Luton van is included in the sale for deliveries and goods are currently sold to both the general public and the trade. This is a successful business mostly generated from word of mouth and passing traffic and there is still excellent potential for further growth with local advertising STAFF The business is currently staffed part time by the vendor plus a part time member of a sales team and a part time delivery driver. TRADING HOURS Mon Sat: 9.00am 5.00pm Sun: 10.00am 4.00pm FINANCIAL INFORMATION We have been advised by the vendor of the following: Turnover: 123,620 Gross Profit: 65,616 Net Profit: 28,251 Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. BUSINESS PREMISES A brick built modern industrial unit with the added security of manual roller shutters and night security patrols and consisting of the following: Ground Floor Approximately 1250 sq ft consisting of main showroom area Office to rear W/c External Tarmaced to front Parking outside unit plus 2 further allocated spaces TENURE: Leasehold Current Lease: 3 years Lease Remaining: 1 year and 3 months Review every: 3 years Annual Rent: 5,280 We are advised that the annual business rates are currently: 108.00 per month
Additional information
| Additional information: | Not Disclosed |
|---|---|
| Support & training: | Not Disclosed |
| Reasons for selling: | due to the vendors other business |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | no |
|---|---|
| Lease: | yes |
| Lease terms: | Leasehold Current Lease: 3 years Lease Remaining: 1 year and 3 months Review every: 3 years Annual Rent: £5,280 We are advised that the annual business rates are currently: £108.00 per month |
| Location: | This furniture retailer is ideally located on a modern retail and light industrial estate in a suburb of Mansfield, Nottinghamshire. There are excellent parking facilities with assigned parking adjacent to the premises and a number of car parks surrounding. The business is surrounded by a number of high footfall complimentary businesses including a large B&Q on the main road passing the premises. The business benefits from a high volume of passing traffic. |
In order to contact the buyer/seller, you must be a registered user of the site and must be logged in
