- Listing ID: 745008
- (Seller ref: M1802)
Profitable South London Retail Furniture Shop For Sale
- Location:
-
- UK
- > England
- > South East
- > London
- > Undisclosed
- Category:
- Type:
Listed by:
- Add to your shortlist >>
- View your shortlist >>
- Email alerts >>
- Email this listing to a friend >>
- Print this listing >>
Summary
- Asking price:
- £99,000
- Turnover:
- £312,000
- Net profit:
- Available on request
- Employees:
- The business is at present operated by a husband and wife team with the assistance of 1 full time plus additional part time staff.
Business description
Outstanding opportunity to acquire a Retail Furniture Shop selling most pine furniture. In our opinion the business offers tremendous potential for further development in the right hands.
Spacious ground floor shop approx. 4,000 sq. ft. sales area. Full gas fired central heating. Concrete floor, partly carpeted.
Office
Ladies' and gentlemen's cloakrooms
Large basement approx. 4,000 sq. ft. ideal for storage purposes
Property information
- Property:
- Leasehold
- Lease terms:
- We understand the premises are held on a secure renewable lease having approx. 5 years unexpired at a current rental of £25,000 p.a. exclusive of rates. (We understand there was a rent revision due in December, 2005, however, we are further advised that the landlords have not requested any increase at the present time).
Uniform Business Rates: £12,000 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTION
- Location:
- End of terrace, busy road, residential and commercial area, LONDON SE
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages in excess of £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 40% - 45% approx.
- Reasons for selling:
- TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION (£50,000 approx. can be reduced). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
- Trading hours:
- Monday - Saturday inclusive - 9.30 a.m. - 6 p.m.
Sunday opening - 11 a.m. - 5 p.m.
- Financing available:
- SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- UK
- > England
- > South East
- > London
- > Undisclosed
Other buyers are looking to buy a business like this in Business Wanted >>
related resources
Post your comments and questions in the Forum >>
View all the resources you need to get through the buying process in Don't Dream It. Do It. >>
Other buyers need finance to buy a business like this in Finance Wanted >>
selling your business?
If you own a business and are considering selling, visit our Sell a Furniture section.
BusinessesForSale.com recommends
- HOW TO BUY A GOOD UK BUSINESS AT A GREAT PRICE
- 100s of strategies & techniques to help you find & buy the right business.
-
- Click here for more
- BUSINESS ADVICE BUREAU
- Find the best finance for your business purchase. There is no need to mortgage your house to live your dream. We explore every avenue possible to provide you with the funding you need.
-
- Click here for more
- GET PROFESSIONAL INDEMNITY INSURANCE
- Professional Indemnity Insurance (PI) is designed to protect your business from financially devastating and often reputation-damaging claims made by dissatisfied clients.
-
- Click here for more information
Advertisement
