Asking price: £349,000

Sales revenue: £132,000

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 retail furniture shop, which has been trading successfully for the past 32 years.

The current vendors have been in ownership for the last 23 years, having taken over from their father who founded the business.

They are now reluctantly selling due to retirement plans.

Our clients have achieved an enviable local reputation and sales are derived from repeat local customers.

The shop has always aimed for the middle market and much of its success has built because of this.

It offers a wide range of goods including:
• Upholstered suites – from MS upholstery, Emerald and Rainbow
• Beds and bedroom furniture – from Kozee Sleep, Premier, Silent Night and Burleigh, Harrisons, Welcome, Glen Eagles and SJ Units
• Dining room furniture and cupboards – from Caxton

The business has its own signed van for deliveries and is fully alarmed.

Net profits have been consistent for they last few years and have held up well during the recent recession.

The business is staffed by the 2 owner’s full time and 1 part time employee as required.

We are advised that stock at cost is approximately £23,000.
REF: 9311ST

Employees: The business is staffed by the 2 owner’s full time and 1 part time employee as required

Trading hours: Mon – Wed,. Fri & Sat-: 10.00am – 5.00pm Thurs & Sun Closed:

Property: Freehold

Location
Our client’s retail furniture shop is conveniently located at the heart of a busy, thriving town in Staffordshire. It is well known locally and has been trading for many years.

It is the major retail shop in the area for the goods on offer and is situated close to a local car park. The town is close to the very busy A500 dual carriage way, which links in to the M6 at Junction 16.

Expansion potential
There are good ongoing potential to a business with an excellent reputation such as this. For example, Sunday opening, flyer drops to the surrounding area to raise the profile. A further possibility would be to condense the business to the ground floor and the upstairs could be turned into flats to rent out.

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