Carpet Shops for sale in Bournemouth

View the "Well Established Carpet & Flooring Business in Bournemouth Dorset" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

I can honestly say I was overwhelmed by the amount of interest and enquires.

Jo White (April 2016)
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Leasehold Price: £160,000 Annual Turnover: £430,000
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Business Description
Business Description

1. Established 13 Years
2. Annual Turnover £430,000
3. Prominent Location
4. Excellent Reputation with repeat custom and lucrative contracts
5. Room for expansion and even more growth

Introduction

The business has been trading for over 13 years now, with increasing turnover year upon year. The business also has a prominent Internet presence on search engines such as Google and other internet search engines. It is a well known and respected flooring retailer for both Domestic and commercial flooring installations, with an excellent reputation

Location

The premises is situated on a very busy Arterial road going through a suburb of Bournemouth. It is on a prominent corner of the local suburb, with plenty of customer parking. It has great and quick direct access to areas such as; Poole, Bournemouth, Ferndown, Weymouth etc.

Financial Details

Financial details are available upon viewing of the business which shows the business trading solidly of its history. The business generates an annual turnover of over £430,000 with strong Net profits.

Lease Hold details of Building and terms

The building has a fully repairing lease. This is the most common form of commercial property lease. The current lease is 5 years with the option to extend a further 5 years. Rent review every 5 years. The current lease began in 2015 at a cost of £625.00 per week.

Building Lay Out

The business premises size is 300m2, which is mainly used for retail display use, about 45m2 of this space is used for; Storage,Toilets as well as a kitchen. It has large plate glass windows on the shop frontage, which allows for prominent flooring displays as well as through traffic to view in from the bust road. There are at least 8 customer parking spaces at the side of the building. All areas in the business premises are presented to a high standard, with good quality; fixtures,fittings and lighting in place.
Included in the sale of the business is 3 Commercial Vehicles.
1x Shipping Container 18ft x 7ft

Staff

The business currently employs Four members of staff as well as two of the business partners as the sales team.

Reason For Sale

Due to retirement

Summary

The business is a popular and well known retailer, who is reputable and delivers impressive turnover year on year. The business deals with lots of highly sought after manufacturers. This proposition would ideally suit an individual or a larger company looking to expand in the Bournemouth area. Either way the business is a ready made package, which is ready to walk straight into.

Vehicles

Included in this sale
1x Mercedes Sprinter 30,000miles
1x Ford Transit Jumbo 105,000miles
1x Volkswagen Caddy Maxi 75,000miles

Trading Hours
Mon-Fri 08.30-17.00
Sat 09.00-17.00
Sun Closed
Please contact Steve Harney for all enquires on 01258 451334
Tenure: Leasehold

Is this business relocatable: Yes

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confidential sale
PAX0126140822
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