Furniture Shops for sale in Bolton

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Y. MacGregor (Nov 2017)
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Freehold Price: £225,000 Turnover: £134,473 Gross Profit: £55,732
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Business Description
Hilton Smythe is delighted to welcome to the market Greens Furnishers And Bed Centre.  

This furniture store is a third generation family run business, and was originally established in 1911. Premises are extremely well displayed throughout, with modern presentation. Our clients have happily run the business themselves for many years are now looking to take a well-deserved retirement.

This is a great opportunity for anyone looking to run their own business or invest in a property in such a sought after location.  Due to the size of the property and the fact that it has front, back and side entrances (where a new supermarket is going to be built), this opens a lot of opportunity to use this Freehold premise for an alternative use.

The current owners already operate a website, although we feel there is huge potential to expand through online sales and using social media platforms.

Greens Furnishers And Bed Centre really needs to be viewed to appreciate the size of the shop and workshop.

The store is hugely popular in the area and generates a great turnover from the sale of lounge furniture, upholstery, cabinets, beds, sofas and other accessories. The store also specialises in and stocks Moorcroft pottery.

The current net turnover for the business is an advised £134,500 with a gross profit of 41%. This is a good turnover however we feel this could be massively increased by turning the current website into an e-commerce site, this will boost sales, and increase customers from further afield.  

The website is full of great information about the history of the business.  On the website, there are lists and photos of products the store has to offer. The website doesn’t show all stock but customers can call the store to discuss what they require. We feel the store could increase sales by advertising all stock on the website.

The store benefits massively from the high footfall in the area, and has a fantastic amount of repeat trade from loyal customers. The store has been established for over 100 years and has built up an enviable reputation for its great quality of products, service and value for money.  There are currently building plans for a supermarket to built behind the shop which will also increase the footfall.

Included in the sale is a 54 plate Ford transit van, all fixtures and fittings are also included in the sale. The store is in a walk in trading position, and is a perfect premise for the retail trade.

Hilton Smythe highly advise early viewing to avoid missing out on this long established family run business.

Greens Furnishers And Bed Centre is located in Westhoughton, Bolton, Greater Manchester.

Westhoughton is a fantastic town with a great range of independent businesses. The business is located on Market Street, which is the main retail parade within the centre of town. In the area are many businesses such as large food and retail stores, hairdressers, butchers, a delicatessen, beauty salons, pet groomers, clothing stores, jewellers and a large indoor market. There are a great range of amenities within a short walking distance from the business; there is a post office directly facing. Close to the property is the town hall and library.

The town has many great connections to surrounding towns. The A58 which is just 2 minute’s drive from the premise, which heads through to Wigan and Bolton.  This main A road also connects to the M61 motorway which is less than 2 miles from the store.  The town has two train stations that have great routes to places such as Manchester Airport, Leeds, Liverpool, Preston, Wigan and Bolton.

The business is within a freehold Large Commercial Premises. The front of the premises is well signed and visible to all passing trade. The property is a single fronted 2 storey property, with an out building and garden at the rear.

Through the entrance is the main showroom, with a fantastic range of stock on display. Through to the back of the premise are two workshop areas. There is also an office and toilet for staff to the rear of the property. We are advised the premise is approximately 231.5 square meters.

On the first floor of the store is a large bedroom furniture show room, which currently has approximately 15 double beds and furniture on show.  

Equipment included in the sale-

All fixtures and fittings

54 plate Ford transit with Luton body and tail lift.

At the back of the premise is a garden area and yard with parking for two vehicles. This space is suitable for further extensions. The property is secured with a burglar alarm.

We are advised the business is Freehold.

The business is open:

Monday: 9am – 5:30pm

Tuesday: 9am – 5:30pm

Wednesday: 9am – 1pm

Thursday: 9am – 5:30pm

Friday: 9am – 5:30pm

Saturday: 9am – 5:30pm

Sunday: Closed

The business is run and managed by our clients with the help of delivery staff.

The business generates a net turnover in the region of £134,500 per annum

With a gross profit of around  41%

Tenure: Freehold

Listed by: Hilton Smythe
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