Wood Flooring Business

Price:

Leasehold - £84,000

Turnover:

Seller Ref:

M26116LN

Location:

London

Business Type:

Commercial Property, Manufacturing companies, Retail businesses, Service Businesses

See Other:

Furniture & wood for sale in London
Other retail businesses for sale in London
Other service businesses for sale in London
Home & garden services for sale in London
Retail space for sale in London
Manufacturing companies for sale in London
Retail businesses for sale in London
Service businesses for sale in London
Commercial property for sale in London

Description:

THE BUSINESS:

REF M26116LN

Natural Wood Designs Ltd

Specialist wood flooring company. supply. fitting and design Operated from lock up shop plus workshop/storage basement London SW

Lease terms 12.5 years remaining on renewable lease. 5 year reviews next in 2.5 years. Rent £16.000 plus VAT. Rates £540 x 10

Business owned 2.5 years.

Hours 9-6 Mon-Sat

Staff owner plus receptionist. sub contracted floor laying specialists.

Customers are 70% private individuals. 20% architects designers and 10% builders

Very little advertising. business sourced from word of mouth and referrals

Shop is presented in excellent condition with high ceiling heights and good displays of product range Wood flooring both solid and machined is of high quality and directly sourced by owner from abroad

Sales of 10 months to October were £210.000 including VAT. The sales include c£50.000 cash sales. The business operates on a 50% margin. Therefore after all outgoings including staff approx £40.000 plus is available to the owner

Forward contracts have been placed with the business for the New Year and this is therefore a profitable business with potential

Trading Hours:

9-6 Mon Sat

Accommodation: