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Business for sale in United Kingdom - Ag102-quality carpets and curtains retailer-lincolnshire
| Asking Price: | 135,000 £ |  |
Real Estate: | Lease |
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| Sales Revenue: | 430,000 £ | ||||||||||
| Net Profit: | 42,000 £ | ||||||||||
| Year Established: | 1971 | ||||||||||
| Employees: | 6FT, 4PT | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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Business description
turner butler are delighted to be appointed as sole selling agents for this exciting business opportunity. The business model of the company has always been to represent top quality brand names in carpets and curtains, backed up with expert advice towards the correct product for each particular application. Products offered for sale to both retail and contract clients include bespoke curtains, blinds, carpets, wood flooring (laminates and solid), vinyls, cushion floor and with strong brands such as axminster/ulster, amtico and sanderson represented in their offerings. Percentage splits of business activity are approximately:- • total sales split - 90% retail and 10% contract • total sales split – 65% carpets/floor coverings and 35% curtains/ blinds etc. • approx. 50% of curtains are manufactured on site, with 50% being made off site/sub contract this very well established business is located in an excellent position in the centre of this lincolnshire market town. The business operates from lovely victorian premises with showrooms on two floors, and the freehold is held by one of the principals of the business, who is happy to negotiate a new lease for the successful purchaser. The company was established way back in 1971 and has traded on their reputation for quality products and sound expert advice ever since, with much repeat business and third party referral business having been developed ever since. With both key principals now wishing to take an overdue and well earned retirement, this opportunity is now being made available. We expect interest from both private and commercial investors, wishing to further develop the excellent brand image that this business has developed over its lengthy history. Equipment: the business owns and maintains an inventory of equipment, fixtures and fittings used in the smooth flowing of daily business operations. All such inventory is expected to be included in a successful sales package. Customer service: the reputation of this business in the community it serves is both robust and undoubted.
Additional information
| Additional information: | Not Disclosed |
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| Support & training: | Full support and any necessary training will be provided during handover as part of a successful sale package. |
| Reasons for selling: | This is a genuine retirement sale |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | no |
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| Lease: | yes |
| Lease terms: | A new lease will be made available to the new owner and annual rates (including water) come in at circa £ 5,100. |
| Location: | The lovely Victorian premises enjoy showroom areas on both ground and second floor, (which are beautifully laid out), with an Office to the rear of the ground floor. Square footage is believed to be approximately 2,000 square feet overall. A new lease will be made available to the new owner and annual rates (including water) come in at circa £ 5,100. |
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