Leasehold Furniture Retailer
Location England
Asking Price Range < $250K
Gross Revenues $123620
Net Profit / Cash Flow $28251
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Description LEASEHOLD asking for œ40,000. Advent Business Sales have been instructed to offer for sale this well established and profitable business. Established 7 years ago by the vendor, it is now reluctantly offered for sale due to the vendors other business commitments. The business currently offers a range of beds and bedroom furniture, sofas and sofa beds, dining furniture and recently garden furniture. Deliveries are currently offered free to the local area. There is a website included in the sale which currently shows a comprehensive range of goods available. The business is also advertised minimally in local press. A 3 1/2 tonne Luton van is included in the sale for deliveries and goods are currently sold to both the general public and the trade. This is a successful business mostly generated from word of mouth and passing traffic and there is still excellent potential for further growth with local advertising.
BUSINESS PREMISES - A brick built modern industrial unit with the added security of manual roller shutters and night security patrols and consisting of the following: Ground Floor - Approximately 1250 sq ft consisting of main showroom area. Office to rear. W/c. External - Tarmaced to front. Parking outside unit plus 2 further allocated spaces.
TENURE - Leasehold. Current Lease - 3 years. Lease Remaining - 1 year and 3 months. Review every - 3 years. Annual Rent - œ5,280.
We are advised that the annual business rates are currently: œ108.00 per month. Contact for more information on this Furniture Retail business for sale.
Click Here To Contact Seller
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