Asking price: £37,500

Sales revenue: £195,000

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Carpet, Flooring & Made to Measure curtain retailer located in Maldon, Essex. Ideally situated on main High Street in busy town centre. Very established and highly regarded business with consistent sales and profits. T/O for Y/E 28/2/09 £195,000 per annum GP: 47%.
Available as leasehold lock-up £37,500+ SAV with rent of £8k or £15k per annum to include 2 bed flat above. Freehold (with flat) to include business & property £250k + SAV.

Years established: 30

Employees: 2 owners

Property: Leasehold

Lease terms
Leasehold - A new lease to be granted with an initial rent of £8,000 for the lock-up ground floor premises OR £15,000 to include the 2 bed flat above. All other terms to be negotiated. Freehold - £250,000 + SAV.

Living accomodation
Access from the side of the property to a first floor flat comprising 2 double bedrooms, lounge, kitchen and bathroom.

Location
High Street within town centre of Maldon, Essex.

Reasons for selling
Retirement