Financial Times FT.com

Resources

Advert Details

Retail Blinds And Awnings Business In East Sussex For Sale

(Ref: SE001252)

Undisclosed, East Sussex, United Kingdom

Financials

Asking price: £89,500

Sales revenue: £115,000

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

Photograph of this business for sale
 

Business description
Currently trading from showroom with workshop on major road to town centre with ample parking. T/O £115,000pa with GP of £74,900 and high Net Profit for owner operator c£45,000+pa. Showroom open Tu-Fr 10-4pm, Sat 10-2pm Renewable lease, rent only £250pm. New website with on-line ordering due to come which should increase profits even further. Scope for expansion with extra staff, longer hours or move into DIY sector. Owner offers training and handover. Price includes stock and equipment. Ideal to expand with for partnership or husband & wife operators. Could relocate in area and/or add to another business. Great opportunity at £89,500 including stock.

Years established: 16

Employees: family run

Trading hours: The showroom is open from 10am to 4pm Tuesday to Friday and 10am to 2pm on Saturday and is staffed by the owner, or when fitting by another family member.

Relocatable: This business can be relocated.

Property: Leasehold


Lease terms
We understand that the premises are held on renewable 3 year lease – next due for renewal in January 2011 – considered a formality

Location
This well established business currently trades from a retail showroom with workshop located on a major route into the popular coastal East Sussex town, with high volumes of passing traffic and ample free parking in nearby streets. Conveniently situated for all the town's amenities and local shops, the road is also well served by bus services. However, equally the business could easily relocate to a shop or workshop, or even to a home-base with workshop in the area, if desired.

Expansion potential
could move into DIY sector and open longer hours. Could open in another town

Support & training
offers training and handover period to ensure a smooth transfer of the business, and introductions to regular customers and trade suppliers


<< Back to businesses for sale list


Buy or Sell a Business