Retail/Trade Laminate Flooring and Fireplace For Sale

Business description

This factory outlet has been established for some 11 years in its present location and in that time has developed a reputation for supplying both the public and the trade superior products and services at competitive prices. It specialises in retailing a broad range of laminate flooring, timber floors, and wall and ceiling products such as cladding and shower walls. It also retails domestic fireplaces, gas and wood burning stoves, fire surrounds in granite, marble or wood and the appropriate accessories. Not only does the business supply this wide range of products it also offers full installation if so required as well as on site design and technical support by fully qualified personnel.

Because of its reputation the business has built up an impressive and increasing customer base. It has also achieved approval by one of the countries largest insurance claims handlers as an approved supplier to the North West region which represents a significant revenue stream to the business.

Property information

Location:

The premises are leasehold with 8 years remaining on the current lease. There are 3 year breaks in place and it is understood a new lease would be made available to a new owner. The building is on a shared industrial site and comprises an office block/small showroom circa 400 square feet adjoining the main warehouse and showroom area which is an additional 1300 square feet. The main showroom also has a small office. The building is a traditional industrial unit with high ceilings and all services connected including gas, electric and water. Current rent is £12,000 p.a. Rates are £7000 p.a.(inc water). The premises are very accessible being located just off a major route and can boast a very large car park making it ideal for both trade and public alike.

Other information

Expansion potential:

The business has enjoyed excellent growth year on year and this trend is expected to continue with the market outlook for the business very positive. The development of the new website represents a significant growth opportunity as does the continued development of the extensive product range and showroom facilities that ensure excellent footfall and sales.

Competition / Market:

The business has just recently rebuilt its website and anticipates this will have a positive affect on future revenues. The business has previously undertaken various methods of advertising including local press and radio and is in the traditional business directories, both on-line and hard copy. This allied to success through word of mouth recommendation ensures a significant number of orders and enquiries are consistently taken.

Support & training:

A comprehensive handover period will be available subject to negotiation

Reasons for selling:

The current owner is looking at semi-retirement.