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Carpet Flooring And Bed Business Cradley Heath For Sale

Cradley Heath, West Midlands, UK
Freehold Price:
£650,000 Furniture / Fixtures included
Leasehold:
£89,000 Furniture / Fixtures included
Turnover:
£378,000
Net Profit:
£50K - £100K

Operating from substantial, secure premises, and extremely well fitted parade of shops, the business currently primarily conducts a popular domestic market and commercial sales operation of an extensive range of carpet, flooring and bed products to a long standing private and public sector client base drawn from a wide surrounding catchment area.

The Business currently stocks an additional choice of associated floor coverings including vinyl floor coverings, together with a specialist stylish range of, Bedroom furniture all displayed to its very best advantage in a bright, spacious, and well-appointed showroom area. Totalling 7000sq ft

The business benefits greatly with being established for over 45 years, hence a loyal customer base with referrals. To improve upon the already high levels of turnover and profitability it has achieved since being established in? by the current owner, additional advertising would benefit the company’s turnover and profit.

Turnover is £378000 actual per annum with huge scope to vastly improve on the current net profit of £100000 +.

The premises are being offered with the benefit of a new lease in which the length and terms are negotiable.

This is an excellent opportunity for a new owner to take this business to the next level; therefore, early viewing must come highly recommended.

#Freehold option is available …. 2 levels including apartments.

The vendor is now looking forward to a well-earned retirement after a successful period of ownership. The existing business creates the groundwork and framework framework on which a new owner could continue to build.

The business is fully set up for continued operation and we believe it would make an attractive proposal for anyone looking to acquire a carpet /Bed business in an established location.

This project and investment are ideal for someone with an energetic approach and experience in the trade and is willing to work long hours.


A full profile is available once a non-disclosure agreement has been signed.
All enquiries to City Business Brokers.


All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.


All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.

Note: Library images may have been used for display purposes

Property Information

Property:

Available as freehold and leasehold

Lease Terms:

New lease to be granted , Freehold is available

Leasehold Rent:

£30,000 per annum

Location:

High Street Cradley Heath

Premises Details:

2 storey both currently used for retail purposes 5000sq ft .

Size in square feet:
5,000

Business Operation

Expansion Potential:

Social media and seek further product ranges

Reasons for selling:

Retirement

Trading hours:

open 6 days 9am-5pm , closed Sunday .

Employees:
Owner run with 2 part time
Years established:
46

Other Information

Leasehold asking price:
£89,000 - Furniture / Fixtures included