Carpet And Furniture Retailer Price Reduced For Sale

Business description

Advent Business Sales have been instructed to offer for sale this popular and well established business with excellent further potential.

Established over 27 years ago and under its current ownership for over 6 years, the business is now reluctantly offered for sale due to the vendors other commitments.

Currently staffed by the vendor, 6 full-time employees plus a contract carpet fitter, the business offers a range of carpets plus furniture including beds, suites & sofas, wardrobes and dining room furniture displayed in a spacious ground floor showroom.

A large proportion (approximately 95%) of the regular customer base is from the Asian community as they constitute a high proportion of the local population and marketing reflects this with advertising on local asian radio and in local press.

We are advised by the vendor that current stock at valuation is approximately £50,000.

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Property information

Property:

Leasehold

Location:

The business occupies a highly visible triple frontage premises in a prime main road location.
The premises are situated within a densely populated area close to the city centre with excellent parking facilities including free on street parking and a free shoppers car park close by.
Due to the location the business benefits from high volumes of passing traffic and footfall and is surrounded by a number of complimentary businesses in this central shopping area.

Business Operation

Expansion potential:

While already a successful business there is still excellent potential for growth from increased marketing and longer opening hours including Sundays.

Trading hours:

Mon-Sat: 9.00am – 6.00pm

Employees:

Currently staffed by the vendor, 6 full-time employees plus a contract carpet fitter

Other information

Financing available:

Please let us know if you require finance for the purchase of a business.

Inventory / Stock value:

£50,000