Established since 1979, this reputable flooring business presents a rare opportunity for acquisition. With a rich history of serving both residential clients and prestigious organizations, including Derbyshire County Council, and the National Trust,. This business has built a solid reputation in the industry.
Specialising in supplying and fitting carpets, carpet tiles, vinyls, safety flooring, and bespoke Karndean tile/plank flooring, the business offers a diverse selection from trusted brands such as Burmatex, Forbo, Gradus, JHS, and Polyflor.
Situated in an affluent village in Derbyshire, the freehold property boasts stunning architecture and is meticulously maintained. It enjoys excellent transport links, enhancing accessibility for both clients and suppliers.
Originally constructed and owned by the Co-operative Group (270.4 m2), the building presents an opportunity for versatile use. Subject to planning permissions, it could be easily converted into alternative commercial or residential purposes, offering potential for further development.
The latest set of accounts for the year ended 31st March 2023 demonstrates a robust financial performance, with an annual turnover of £204,255 and a gross profit of £92,544. The business has an EBITDA of approximately £30,000, reflecting its profitability and stability.
This is a genuine retirement sale, presenting an ideal opportunity for a new owner to take over and continue the legacy of this successful business. The current owner is willing to offer a handover period to ensure a smooth transition and transfer of expertise.
This is a unique chance to acquire a well-established flooring business with a loyal customer base and solid financial performance. Whether you’re an experienced industry professional looking to expand your portfolio or an entrepreneur seeking a lucrative investment opportunity, don’t miss out on this offering.
For further details or to arrange a viewing, please contact Sovereign. Serious inquiries only.
Location: Derbyshire
Established: Since 1979
Annual Turnover (2023): £204,255
Gross Profit (2023): £92,544
EBITDA: Circa £30,000
Freehold Property: Originally built by the Co-operative Group
