Fireplaces for sale in Manchester

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Luxury Fire Showroom

Manchester, Greater Manchester, England

  • Leasehold Price: £120,000  Price Reduced arrow_drop_down
  • Turnover: £244,000
  • Gross Profit: £119,999
Seller Reference: B05100
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: B05100
Request Details
Business Description
Business
Hilton Smythe welcomes to the market Luxury Fire Showroom. This family run business was established in 2018, commencing trading in October after a complete building renovation. The owner is now looking to sell the business, due to moving to the South of the country.
Luxury Fire Showroom sells an excellent variety of luxury wood burning stoves, gas and electric fires, with a dedicated customer service and installation team.


The store generates an advised projected turnover of around £244,000 per annum, with a gross profit of around 50%. The business benefits from stocking bespoke items, with no competition within the area. Our clients have received a large amount of trade and have seen a huge increase each month.

The business has already built up an excellent reputation with a 5 star google review status – customers comments include ‘We bought a gas fire and we were so impressed with the services provided, all staff were helpful, informative and eager to help in any way we needed. The show room was fantastic and showcased all the fireplaces excellently we were spoilt for choice, the staff member helped us by answering all questions and making suggestions to help us make an informed choice. 10/10 would recommend a visit!’

And

 ‘called in for a look around and was pleasantly surprised on how much stock they had and how helpful the staff were. Chap called Dan was very helpful and informative’

Please visit the company website www.luxuryfireshowroom.com

The business is still within the growth period, with the turnover expanding, we feel there could be a larger increase in custom with a marketing and advertising campaign. The new owner could also look to set up contracts with local building contractors and developers in order to boost current trade.

This is a fantastic opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of the trade.


Location
Luxury Fire Showroom is located on Labtec Street, Just off Bolton Road, Swinton, Manchester.

The business is surrounded by a wealth of complimentary shops and businesses and benefits from a high volume of footfall and passing trade.


The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. from surrounding towns

The area is also well served by the A-roads, with East Lancashire Road and the A666 being within easy driving distance of the business, which links to the M60/M61 motorway network

There are several Railway and tram stations nearby the closest being a 10 -15-minute walk away.

Premises
Luxury Fire Showroom is located on Labtec Street, just off Bolton Road, Swinton. The premises have ample free parking.

The premises have been fully refurbished to a very high standard, with a huge amount of display fires, separate offices and seating area.

Equipment included in the sale comprises of:


  • Office equipment

  • Seating and coffee table

  • Tv screen

  • Display fires

  • Website

  • Client database


The building is fully alarmed with CCTV and kept up to date with health and safety and fire regulations.

Tenure
We are advised the premises is leasehold with an annual rent of £14,000 PA

9 years remaining on the current lease

Hours
Mon 9:30am – 5:00pm
Tues 9:30am – 5:00pm
Weds Closed
Thurs 9:30am – 5:00pm
Fri 9:30am – 5:00pm
​Sat 9:30am – 5:00pm
Sun 10:00am – 4:00pm


Staff
The business is owner managed with 4 staff members and an installation team

Financial Profile
The business reports a turnover for the last year of £244,000 per annum, with a gross profit of around 50%

Tenure:
Leasehold
Listed by:
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