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Business for sale in United Kingdom - Ag105-carpet & flooring retail outlet-durham
| Asking Price: | 65,000 £ |  |
Real Estate: | Lease |
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| Sales Revenue: | 200,000 £ | ||||||||||
| Net Profit: | 40,000 £ | ||||||||||
| Year Established: | 1987 | ||||||||||
| Employees: | 1PT | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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Business description
this is a small independent family run carpet and flooring retail business which was founded back in 1987 by the vendor. The showroom is located in a busy retail park in durham with a huge amount of daily passing footfall. They also deal with a number of reputable insurance companies dealing with claims for the co. Durham area. Customers are able to choose well known brands of carpets and flooring from a huge number of sample books. The business always has remnants in stock and also keeps a good stock of underlay. They are very competitive and are rarely beaten on price. This is a well established business which benefits from its location, its name and reputation. This would be an ideal aquisition for an individual who is looking to go into business for the first time or as a bolt on showroom for a company to gain extra sales from this busy shop. Equipment: all fixtures, fittings and stock are included in the sale of the business. Customer service: the shop is open between 9.00am – 5.00pm every day except wednesday & sunday when they are closed. The company offers a free home visit allowing for estimating and measuring service from a choice of sample books. Key strengths: this is a well run business with a solid reputation for reliability and honesty. They have been established since 1987 and are never knowingly beaten on price. The business sells well known top quality branded carpets and floorings including vinyl and laminates. The location of this business should not be underestimated as it sits alongside a very busy retail shopping centre in durham with daily passing footfall and a good car parking facilities. The business runs with low overheads and there is a huge opportunity for growth within this business. Whilst the company does not employ carpet fitters they are able to recommend a small team of sub-contract fitters for both carpets and laminates. Growth and expansion: there are a number of areas that can immediately increase the turnover of this company which the owner has identified. New owners with fresh ideas and energy will be able to benefit from one or all of these suggestions. • open wednesdays and sundays • offer credit card facilities • create company website • tender for contract work – pubs, safety flooring etc. • offer finance facilities • carry a wider range of alternative flooring products
Additional information
| Additional information: | Not Disclosed |
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| Support & training: | The owners would be happy to help with a smooth transfer of the business in any way possible. |
| Reasons for selling: | The owner has now reached retirement age and wants to take life easier. |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | no |
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| Lease: | yes |
| Lease terms: | The lease runs until June 2011 and the rent is circa £7,000 per annum with rates of circa £3,389 per annum. |
| Location: | The retail shop measures circa 1,000 square feet with a showroom, storage room at the rear and a small office. There is ample parking at the front of the shop and a main car park at the rear of the building. The lease runs until June 2011 and the rent is circa £7,000 per annum with rates of circa £3,389 per annum. |
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