Sussex Wood Flooring Laminates Carpets Vinyl & Rugs Business For Sale

Business description

Wood Flooring, Laminates, Carpets, Vinyl & Rugs Retail & Installation

This flooring retailer has an excellent reputation for selling quality wood flooring, laminates, carpets, vinyl and rugs. In addition the owner offers a comprehensive assortment of accessories and a full fitting service with installation contracted out by local fitters. The business employs experienced contractors to ensure installations are of high standard.

Operating from an excellent retail location the business premises are fully fitted and have an excellent display of stock.

The business is renowned for its personal service and has an established, well-deserved reputation as a well known quality company with a loyal clientele.

This is a solid business with great potential to acquire additional business with existing and new clients. The current owners have always provided personal service and take great care of their customers.

If you want an exciting business with cash flow, no debt, low overheads and solid customer base and income. Sensibly priced for quick retirement, this business deserves a closer look.

Internet:

The business has both experience and expertise in internet marketing and has a proven track record in paid and natural search campaigns across the major search engines such as Google, Yahoo! and MSN. Online, several business directories are used intelligently. Google ad words are also employed, as is search engine optimisation via BT. Social networks such as Facebook and Twitter have recently been added to the list. A voucher type discount scheme is used to encourage a quick response to any advertising.

The excellent website is simple, user friendly, to the point and easy to use, The website is fully secure and confidential giving clients total peace of mind and offers the convenience of using the service at home or at work, 24 hours a day, 7 days a week.

The website is divided into separate categories with an easy search and find facility. The website is specially developed and integrated to achieve maximum efficiency, minimal staffing and exceptional customer service.

Key Strengths:

The owner has invested very shrewdly in marketing the business, which has led to the business achieving a higher level of brand awareness.

Through the strong supplier relationships, the business is beating the competition on price, achieving a combination of high enquiry levels and impressive conversion rates that has created a strong all round business.

After 35 enjoyable and profitable years in the flooring industry our client has chosen to place the business on the market, offering the business with the benefit of major sought after supplier accounts.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Annual turnover is circa £141,000. Gross profit is circa £72,000 and adjusted net profit is circa £58,000.

Property information

Property:

Leasehold

Location:

Single fronted with display windows in a highly visible position located directly on the seafront. This is a very nicely presented shop with a useful workroom/storage.

The business operates from leasehold premises at an annual rent of £2,640.

Business Operation

Expansion potential:

There is a sufficient market in the surrounding area to strongly consider opening an additional branch. The existing location is within close proximity to a new housing development that could certainly provide several opportunities.

Competition / Market:

The business has built up an extensive advertising base and has taken advantage of the local press advertising their services and high quality products.

Reasons for selling:

Vendor is retiring

Employees:

No staff are directly employed. Self employed contractors are used to provide a fitting service.