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Advert Details

Established North Yorkshire Furniture Retailer For Sale

(Ref: H703)

Undisclosed, North Yorkshire, United Kingdom

Financials

Asking price: £200,000

Sales revenue: £550,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

 

Business description
This business has been operating for over 17 years and has earned a first class reputation for good furniture.

The emphasis is on quality furniture sold to the more discerning customer with a view to buying for the longer term. Most furniture is on display and customers are encouraged to browse and try out the merchandise.

Sales figures are holding firm and given the type of customer and the nature of the area it is expected that trade will maintain its current level where others suffer a downturn.

The business is easily run on reasonable hours in a pleasant working environment. There is still plenty of potential especially by exploiting more internet marketing.

FURTHER BUSINESS INFORMATION

• SOUGHT AFTER LOCATION

• EASILY RUN CONCERN

• PLEASANT WORKING ENVIRONMENT

• RETIREMENT SALE

• GOOD STEADY SALES

• STILL PLENTY OF SCOPE FOR INCREASE

Years established: 17 Years

Employees: Vendor, 1 Full Time

Trading hours: Monday – Saturday 10am – 5pm Sunday Closed

Property: Leasehold


Lease terms
UNIT 1: 21years with 13 remaining & UNIT 2: 3 years remaining RENT DETAILS UNIT 1 £20,000 per annum UNIT 2 £21,000 per annum

Reasons for selling
Retirement


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