Asking price: £275,000

Sales revenue: £1,000,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Preferred Commercial is pleased to offer to the market this thriving carpet and bed retail and contract installation company, which was established by our clients in 1990 and is only now being offered for sale due to their wish to retire. The business generates a turnover in the region of £19,600 per week with a gross profit of 20%. There is scope to increase turnover as at present there is little in the way of advertising and marketing. There is scope to extend the opening hours, to open on Sundays, and to employ external sales staff to market to the likes of hotels and guesthouses. The business benefits from numerous high profile corporate and local authority contracts and is a member of Constructionline. Brands stocked include Axminster of Devon, Ulster Carpets, Penthouse, Wester and Karndean. We feel this is an ideal opportunity to acquire a well-established and profitable business with scope for the future. Early discussions with preferred Commercial are highly recommended.

Trading hours: Mon - Fri: 8.30am - 5.00pm Sat: 10.00am - 4.00pm Sun: Closed

Location
This carpet and bed retailer is situated in a town close to Carlisle in Cumbria. The business occupies a prominent corner site on the entrance to a busy industrial estate with customer parking for approximately 30 vehicles. There is easy access to Carlisle and the M6 motorway.