Asking price: £850,000

Sales revenue: £660,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales are pleased to offer to the market this extremely well established and profitable flooring business.

Founded over 9 years ago by the present vendor, the business is only now being reluctantly offered for sale to enable him to pursue another unrelated business venture.

The business has an excellent local reputation with an extensive range of brand named carpets and rugs, together with an excellent wide choice of complimentary floor coverings such as veneers, laminate, vinyl’s and solid woods.

The carpet centre also provides, where required, a professional on site fitting service to both the general public and to the many account customers drawn from the wide surrounding area. Turnover, which is circa £660,000 is split almost 50/50 between retail and account customers and is mostly within a 30 mile radius of the premises. This is achieved from only 4 full time employees and 4 self employed fitters. Gross margins are approx 33%.

The business is an excellent opportunity for someone with the appropriate product knowledge or with a management background, who is able to operate within this thriving, vibrant and specialist business sector, which is currently achieving outstanding results.
REF: 9290HP

Trading hours: Mon-Fri: 8.00am – 5.00pm Sat: 9.00am – 1.00pm

Property: Freehold

Location
The business has an ideal high visibility location on a busy parade among numerous other complimentary businesses, who all contribute in attracting high footfall levels to the area.

Nearby towns include High Wycombe, Amersham and Beaconsfield. The town has excellent road links via the M40 motorway, which leads directly to the M25 and on to the many and varied attractions and amenities offered within the London catchment area.

Expansion potential
Our client clearly already has a very successful business, it does however, still offer excellent scope to increase both sales and profits by: 1. Expanding the area covered beyond the current 30 mile radius from the store 2. Open another shop on the edge of the current catchment area and emulate the success story of the current shop TENURE: Freehold We are advised that the annual business rates are currently: £1,700

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