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Long Established Carpet Business For Sale, Stokesley

Stokesley, Teesside, UK
Asking Price:
£70,000
Turnover:
£200K - £500K
Net Profit:
£50K - £100K

Carpet Crafts Of Stokesley - 9 Three Tuns Wynd, Stokesley, United Kingdom, TS9 5DQ

Parker Barras are delighted to offer this long established Carpet retailer for sale which has remained in the same ownership for over 22 years. Now available due to a retirement sale.

Carpet Crafts which is ran as a Husband and Wife business with no staff - suitable for the same setup for a new buyer.

The business shows steady profits year on year with a turnover above £400k per annum - Full financials are available upon signing of an NDA.

Huge scope to further increase turnover and profit by increasing operating hours - currently the business is only open 4 days a week as follows.

Monday – 9.30am – 3pm
Tuesday – 9.30am – 3pm
Wednesday – Closed
Thursday – 9.30am – 3pm
Friday – 9.30am – 2pm
Saturday – Closed
Sunday – Closed

Further scope to increase sales by pushing the socials and implementing website sales

Operating out of a rented premises at £13,000 per annum - the business also had a local storage shed held on a separate lease for £5,500 per annum

Overall an excellent business opportunity to take over a already profitable business with huge scope to increase sales.

For Sale - £70,000

Property Information

Property:

Leasehold