Freehold Established Flooring Specialist West Mids
- £650000
Overview
- Business, Carpet Shops, Curtain and Blinds Retail Businesses, Home & Garden Service Businesses, Retail Businesses, Soft Furnishing Shops
Description
The Business Partnership are excited to be marketing for sale this long established and highly profitable flooring specialist based in the West Midlands.
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.
Turn-over for financial year end 31 Jan24 is £832k providing Gross Profit of £374k and Adjusted Net Profit in excess of £139k.
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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
Details
Updated on February 16, 2025 at 6:49 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
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Property Status For Sale
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Tagline Carpet Shops, Curtain and Blinds Retail Businesses, Home & Garden Service Businesses, Soft Furnishing Shops
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Annual Turnover £900,000
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