Leasehold Retail Furniture & Handmade Persian Rugs
Location United Kingdom
Asking Price Range $250K - $500K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Different business venture.
Description RETAIL FURNITURE & HANDMADE PERSIAN RUG BUSINESS FOR SALE IN DERBYSHIRE. REF: 8656 DE. ASKING PRICE:LEASEHOLD: œ175,000 + SAV.
Advent Business Sales is delighted to offer to the market this quality retailer which has been established within the town since the turn of the new millennium. It has been in its present prime location for the last three years.
Our client has decided to sell as he now wishes to pursue a different business
venture. Many visiting customers have described our client's premises as 'an Aladdin's Cave' which opens up like the 'Tardis'.
The business retails a vast array of quality pine and oak including bedroom and kitchen fitments made to the customer's own specification. They also retail a huge range of fireplaces, suites and beds. On offer as well, is a comprehensive selection of Rugs and carpets which have been sourced worldwide, and the vast selection of antiquities of both English and French origin. The business is staffed by the vendor and his partner with the assistance of two part time staff.
Stock at cost is the region of œ125,000. The vendor has informed us that the Persian carpets account for œ80,000 worth of stock at cost. If a new owner did not require the rugs the vendor is prepared to take them with him as they increase in value. We highly recommend viewing of the premises to truly appreciate the size, nature, scope and potential as few words can accurately reflect the premises. The owner is willing to conduct a detailed hand over period subject to negotiation.
EXPANSION POTENTIAL.
The vendor has informed us that there is huge scope to more than double existing sales by advertising more, having a different layout as well as conducting different promotions together with charging for deliveries. A better display for the hand made Persian rugs and carpets would impact sales immediately. A truly impressive business in the right location that has to be viewed to fully appreciate it.
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