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Finance And Services:

Sold. Carpet & Flooring Retail Shop In A Prime High Street Location

LISTING DETAILS
Firms For Sale ID:
35137
Vendor reference:
AG152
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£150,000  
Turnover / revenue:
£165,000
Net profit / cashflow:
£15,000
Trading hours:
Monday Friday: Discretionary hours Saturday - Sunday: Closed
Employees / staffing:
The vendor is ably supported by a reliable team of sub-contractors, he is responsible for, retailing, merchandising, cashier, packing, filling, online fulfilment and banking.

OTHER DETAILS
Reason for selling:
Genuine retirement sale
Support and training:
wner would be happy to stay and hand over for a negotiated period of time.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Asking price: 150,000

Asking price includes:

Gross Turnover circa 165,000 per annum
Gross Profit circa 100,000 per annum (Declared)
Adjusted Net Profit circa 15,000
Net Assets circa 10,000 (Declared)
Fixtures and fittings
Very well located business
Comprehensive customer Database
Significant Goodwill
Business Profile:

Extremely well established carpet and flooring shop, established by the present owner in 2009. The business is in a prime high street location, being one of the main thouroughfares in one of the most famous and highly regarded Berkshire Towns is and well positioned among other premium retailers with established clientelle. The close proximity to London, the West Home Counties, renowned private schools and other dense residential suburbs provides an excellent, affluent and willing customer base.

Well known in the locale for the wide selection of carpets and other flooring products, the shop retails a very high quality selection of products from across the world that are proven to be very popular with customers

The real power and energy of the shop comes from the attentive and courteous service provided by the owner and staff and the high levels of customer service and satisfaction they generate.

The target market for the shop is very much the affluent residents of this busy area of Berkshire, with customers across the region including Windsor, Eton, Virginia Water, Weybridge etc.

This opportunity is an ideal business for anyone looking to engage with the flooring sector or for someone already in the sector looking for a strongly performing, additional outlet to bolt on to their existing business activities.

The vendor currently manages all surveys and very much runs the shop according to his current needs; the vendor believes that a new owner with ideas and enthusiasm could easily generate net profits at a much higher level.

Expansion Potential
The business has grown organically and with further marketing for both the shop and the introduction of a website could build on the existing excellent customer base.

In addition to this a new owner could open the shop for longer hours.