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Freehold Or Leasehold Carpets Business For Sale

(Ref: H604)

Lincolnshire, United Kingdom

Financials

Asking price: £399,995

Sales revenue: £500,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

 

Business description
Centrally located in an ideal trading position in this sought after market town. The business has been in operation for over 25 years and has gained a first class reputation for products and service. A lot of the work is generated from existing customers.

There is however, great potential to expand the business with longer opening hours and through websites. The premises are sufficient for display purposes but additional space is available on the edge of town if desired.

Turnover is currently increasing year on year at excellent margins. The vendors may consider the sale of the freehold

Further business information

• good trading position in popular market town

• first class reputation

• retirement sale

• great potential for increase in trade

• good margins


Years established: Over 25 Years

Employees: 2 Full time in shop, 4 Fitters

Trading hours: 9am – 5pm Monday, Tuesday, Wednesday, Friday & Saturday Closed Thursday & Sunday

Property: Leasehold


Lease terms
New lease available with full terms to be agreed

Living accomodation
There are 2 flats above the business bringing in a monthly rental of £340. This is only applicable to parties interested in the freehold property.

Location
Centrally located in an ideal trading position in this sought after market town.

Reasons for selling
Retirement


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