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Price Reduced Established Carpet Supplier In West Midlands For Sale

(Ref: 1012PL)

West Midlands, United Kingdom

Financials

Asking price: £49,950

Sales revenue: £150,000

Net profit: 0 - £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

 

Business description
Based in the heart of the West Midlands, the main features are :-
•Commenced trading in 1966.
•Concentrates on the medium to high end quality carpet market.
•Only sells British manufactured carpets to maintain the quality.
•Trade business supplies Office refits, shops, and has supplied Churches.
•Supplies Trade through a network of carpet fitters.
•Retail sales via its well stocked showroom.
•Supplies all carpet fitting necessities such as underlay, grippers etc.
•Operates from rented accommodation of approximately 3000 sq ft with good access and customer parking.
•Part of the unit has been used to diversify into sales of work wear clothing and footwear.
•Very little competition in the surrounding area.
•Owner wishes to retire.

Years established: 42 years

Employees: There are one full time and two part time members of staff.

Trading hours: 9 to 5 Monday to Saturday

Relocatable: This business can be relocated.

Property: Leasehold


Lease terms
Currently on a monthly rental, but a lease would be available subject to negotiation with the landlord.

Location
Based in the heart of the West Midlands just on the fringes of a busy town centre.

Expansion potential
This business is in a prime position for someone to drive it forward onto the next level. It already has a solid foundation from which to build on by way of a pro active marketing plan.

Competition / Market
Very little competion from the surrounding areas.

Support & training
Full support will be given on hand over.

Reasons for selling
The owner wishes to retire

Financing available
We have strong relationships with a number of funding institutions, both high street banks and other financial organisations. If you need help or advice in this aspect of buying a business, please tell us and we will be happy to make the appropriate introduction.


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