Asking price: £29,500

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Established over 6 years ago by the current vendor this business occupies an exceptional double corner premises that goes hand in hand with the high regard and reputation the business is held in. The business is situated upon a main local high street surrounded by Boots, Tesco, a mixture of Pubs, Restaurants and several Retail stores so the passing trade is absolutely tremendous. A lot of turnover is generated by repeat business and word of mouth as no advertising is carried out. The business offers complete home furnishings including wardrobes and beds, dining tables and chairs, glass stands, coat racks, desks and accessories as well as many others. Pine and Beds are the biggest markets and all furniture brought is delivered and assembled which really makes this family run, customer focused business stand out.

Turnover:
Turnover on accounts for year ending 30th November 2008 and 2007 was £172,360 and £157,209 respectively. There is a gross profit of approximately 50%

Reason for Sale:
The Vendor is selling due to ill health.

Stock:
Stock to be purchased separately at valuation, approximately £35,000 - £40,000

Rates:
Business rates payable of approximately £800 per month.

Legal Fees:
Vendors and purchasers to be responsible for their own legal costs. Purchase to meet landlords any reasonable costs when establishing a new lease.

Employees: Staff: Family Run plus 1 part time

Trading hours: Monday to Saturday 9am - 5.30pm

Property: Leasehold

Location
Property:
A superb canopied double unit occupying a corner plot with windows down both sides, there is a double door entrance leading you direct into the showroom with an arrangement of stock throughout. A till serving area is in the middle right hand side of the shop. There is direct through walk way into unit 2 which is the bed store housing a good selection of beds, mattresses and headboards. The shop has a burglar alarm, fire alarm, and CCTV. Included in the sale is a V reg ford transit which is used for deliveries.