Furniture Shops for sale in Ashton-In-Makerfield

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Leasehold Price: £95,000 Turnover: £276,145 Gross Profit: £74,760
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Business Description
BUSINESS

Hilton Smythe are delighted to introduce to the market Makerfield Sofa Centre, which has been under the careful control of our clients for the previous 5 years, and is only now offered to the market, as our client looks to emigrate.

 

As one of the largest independent sofa stores in the North West of England, Makerfield Sofa Centre sells a variety of furniture, sourced throughout the world from fabric to leather sofas, sofa beds, recliners, coffee tables and lamps.

The current advised turnover is around £276,145 per annum, with a gross profit of 27%.

The business may benefit from the addition of new lines, such as beds, kitchens, bathrooms etc. The addition of such product lines may well diversify the current business and benefit the businesses turnover and profitability.

The business opened for trade approximately 5 years ago and has since built a business that benefits any intending purchaser with a loyal and repeat customer base throughout the local area and beyond, but also, a formidable reputation within the industry amongst customers and suppliers alike. Makerfield Sofa Centre is an established concern and Hilton Smythe must highly recommend early viewing.  

LOCATION

Makerfield Sofa Centre is in prime location, situated just off the Fishwick Park Industrial Estate in the town of Ashton in Makerfield.

The town of Ashton in Makerfield lies just 7 miles south west of the larger town of Wigan and has good transport links with the City of Manchester, being situated just 15 miles north west. The ever popular Haydock race course is just a stone’s throw away from the business.

The business itself has excellent transport links lying just off a main bus route and is served well by the Bryn Train station which is less than a mile from the business. Makerfield Sofa Centre benefits from a close link to Liverpool Road, which connects to the local area and the M6 Motorway, providing excellent local and regional links to fulfil delivery services etc.

PREMISES

The leasehold premise comprises of a purpose built, 5,000sq ft showroom, with large ground floor sales area complete with small office and customer toilet at the rear. Accessed via stairs at the front of the premises, is a well appointed mezzanine floor sales area, housing various stock lines.

The retail premises are set out in such a fashion so as to create various environments intended to represent the customers home, utilising the retail area with ancillary products such as tables and lamps, in order to maximise profits through up selling various pieces of furniture.  

The business benefits from a customer car parking area to the front aspect. Although the car park is shared with a neighbouring business, there is ample customer parking for both businesses.

TENURE

Tenure offered is leasehold with 5 years remaining of a 10 year lease as of August 2012. The rental is currently charged at £18,000 per annum.

HOURS

Monday to Friday: 10am – 5.30pm

Saturday: 10am – 5pm

Sunday: 11am – 4pm

STAFF

The business is operated by the current vendors, who combined, manage and staff the business themselves.

FINANCIAL PROFILE

The business achieves a turnover of approximately £276,145, with gross profit of 27% per annum.

Tenure: Leasehold

Listed by: Hilton Smythe
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