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Well Established Carpet & Bed Company For Sale

Staffordshire, Staffordshire, UK
Asking Price:
£324,995
Turnover:
£382,103
Net Profit:
Available on request

Business
Please quote reference B06236

Hilton Smythe is delighted to present to the market a very successful and renowned carpets/beds business.

The business has traded from this site for over 10 years and was later purchased by our client 4 years later who embarked on a complete transformation to enable him to attract a wider customer base.

Due to the success of the business, our client is now looking to sell to concentrate on his other business interests.

The store stocks a wide range of high-quality products including carpets, vinyl flooring and laminate flooring, beds and mattresses. They offer free delivery and carpet fitting service.

All products are sourced from the UK’s leading manufacturers, and they are proud to subscribe to the Office of Fair-Trading approved code.

Our client also stocks over 500 rollends with typical 3 x 4 M size always available.

Finance is also available.

As you can see from the business photos attached, our client has successfully refurbished all areas of the building to best show the large stock he carries. He also stocks a good choice of artificial grass which is proving very popular due to the additional time people are now spending in their gardens.

We are advised since the last Covid lockdown was lifted, the business is enjoying an 8% increase on its 2019 figures which will continue to grow.

Currently our client splits his time carrying out carpet measurement and in store sales.

Key business values -

Good value for money
Friendly and professional service
Competitive prices
A wide range of flooring
Excellent customer service

Assets included in the sale are as followed:
Electric forklift
Charging station
Dexion racking
All displays and fittings as pictured
Snooker table
63" TV
PC and laptop
Printers x3
64 plate Peugeot boxer van
Pallet truck
Carpet bogey
Hoovers

Very rarely do successful carpet businesses of this size or location come on to the open market and we therefore strongly recommend early enquiry to avoid disappointment.

Key selling points -

‘Turn-key’ business opportunity
7,500 square ft available
Excellent business website
Active Facebook page with 4,798 followers (rated 5 stars by Facebook followers)
Active advertising campaigns (including competition videos on Facebook)

Location
We feel this is one the most sought afternoon locations on the road as it also faces a busy Aldi, McDonalds and Bingo Hall.

This area is very desirable due to its excellent road links and proximity to the local train station.

The business currently covers a approx. 30-mile radius from the store.

There is some free customer parking directly outside.

Premises
The premises consists of the following:
Large double height showroom (for rollends, laminate and artificial grass display)
Mezzanine level includes 2nd showroom (for carpet to order choices) and management office
Snooker room
Total size 7,500 square ft

Tenure
We are advised the business is being sold on a Leasehodl basis with 1 year remaining on the original 5 year Lease, the rent is £2,500 per month.

Hours
The business trading hours are as followed:
Monday to Friday 09:00am - 17:00pm

Saturday - 10:00am - 17:00pm

Sunday - 11:00am - 16:00pm

Staff
The business is ran and managed by 4 part time staff members.

Financial Profile
We are advised the business generated a turnover of circa £380,000 as of 2019. Further financial information can be made available upon request.

Please quote reference B06236

Property Information

Property:

Leasehold

Contact Hilton Smythe

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