The business was established over thirty years ago and has gained an enviable reputation over the years. The owner goes to great lengths to ensure the store always stocks a wide variety of new and interesting pieces and there are always in excess of 600 rugs and runners in store.
There is a vibrant online sales side as well as the traditional shop sales. Rugs are taken to clients homes to ensure the right rug is chosen to improve the ambience.
This is a rare chance to acquire a profitable, well established richly satisfying business and an early viewing is highly recommended.
THE BUSINESS ITSELF
Established in the mid 80's this store comes to the market for the first time in nearly 20 years. Specialising in selling hand made knotted rugs from the Middle East which are sourced in London, this is a highly profitable business having a turnover in excess of £280,000, increasing year on year and a correspondingly high net profit. There is a client bank in excess of 4000 names and the average spend is greater than £500.The majority of purchases are between £50 -£5,000 but occasionally up to £10,000.
By extending the hours and opening on Sunday there is considerable scope to increase profit.
Monday to Friday 9.00am to 5.00pm. Saturday 9.00am to 5.30pm. Sunday Closed.
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