Freehold Established Flooring Specialist West Mids
Overview
- Carpet Shops, Curtain and Blinds Retail Businesses, Home & Garden Service Businesses, Soft Furnishing Shops
- Tagline
Description
The business supplies a full range of flooring to commercial and domestic clients throughout the Midlands region.
In addition the business supplies full bedroom furniture with showroom.
A wide ranging and loyal client base is included in the sale.
Recent years have shown consistent sales, averaging £901k.
The freehold is included in the sale and valued at £725k (less outstanding mortgage of just below £304k). Net Asset Value is estimated at £529k.
A second unit held on a short term lease (only a 400m along the street) was terminated this year. This represents a saving of annual rent of £19,000 plus other associated costs.
The business is operated day to day by a loyal team of 6 staff. The owner has minimal involvement in the business and has full time employment elsewhere.
For further information please click through or contact The Business Partnership Birmingham office directly.
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Established since 1999 – Highly Profitable Business
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Highly Respected Brand in the Region
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Also Supply Full Bedroom Furniture
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£832k T/O to a Loyal Domestic & Commercial Client Base
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Wide Product Range including Carpet, LVT, Laminate, Safety, Engineered Wood
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Immaculately Present Carpet and Bedroom Showroom
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Freehold Premises Valued at £725k (mortgage £304k outstanding)
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Net Asset Value £547k
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Loyal & Professional Team of Staff
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Owner will Provide a Negotiable Extended Hand-Over Period
Address
Open on Google Maps- Area England, West Midlands
Details
Updated on February 2, 2025 at 9:49 pm-
Price:
£650000
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Property Type:
Business, Carpet Shops, Curtain and Blinds Retail Businesses, Home & Garden Service Businesses, Retail Businesses, Soft Furnishing Shops
- Tagline:
Carpet Shops, Curtain and Blinds Retail Businesses, Home & Garden Service Businesses, Soft Furnishing Shops
- Annual Turnover:
£900,000
Find out more about this business opportunity:
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