Due to retirement a fantastic opportunity to purchase a thriving flooring business.

  • Freehold Price: £750,000
Ayr, Ayrshire, Scotland
Seller Ref:R&S Sillars
For Sale

Due to retirement a fantastic opportunity to purchase a thriving flooring business.

Ayr, Ayrshire, Scotland
Seller Ref:R&S Sillars
  • Freehold Price: £750,000

Overview

Seller Ref: R&S Sillars

Description

**OWNER FINANCE CONSIDERED*

Due to retirement a fantastic opportunity has arisen to purchase a thriving, family run flooring business based in the heart of Ayrshire, Scotland. Established over 35 years by the current owner the business demonstrates substantial year on year growth. It benefits greatly from repeat local business and word of mouth and has a turnover in excess of £1,000,000.

Established flooring business
Family run business
Excellent location to service clients throughout Ayrshire and beyond
Turnover in excess of £1,000,000
Easily managed business
Ideal acquisition for existing business looking to expand.
Freehold – 408sq m building
Vehicles included x 3
Offers in the region of £750,000

Situation

The business is located within a popular residential area of Ayr. Ayr is town located in the West of Scotland and offers a comprehensive range of excellent services including restaurants, shopping, supermarkets, and a private co-educational school. The town benefits from a wealth of public parks, good path networks and wide sandy beaches on the Firth of Clyde coast. There are frequent train services to Glasgow and beyond. Prestwick Airport, with a comprehensive schedule of international flights, is about 10 miles. Glasgow itself is easily accessible via the A/M77.

Business

The business is run by the owners with the assistance of 1.5 full time members of shop staff and 2 full time fitters. The business has evolved over the years to supply bespoke flooring and carpet solutions to a range of private and commercial clients.

The business provides all types of flooring and carpets for homes and businesses across Ayrshire and beyond. From the initial consultation within the showroom, through to measuring and installation, they provide an outstanding quality of service that is second-to-none. The team have the experience and expertise to advise and guide customers to make the correct choice when it comes to picking the right flooring/carpets to suit their needs. The showroom boasts a large flooring and carpet collection, with products from some of the industry’s biggest names.

There is a great opportunity for new owners to expand the business in several different directions. This could be either through the introduction of new products ranges, expanding the sales team and area, and creating a digital presence which is something the current owners have never had to do as they have relied on word of mouth and reputation to maintain strong repeat business. In addition, the purchase of R & S Sillars Flooring Ltd would make an ideal acquisition for an existing flooring/carpeting or trade business looking to expand and diversify.

Property

Visitors can gain access from the yard/car park to the large showroom which is immaculately presented throughout. At the front of the showroom there is an office and to the rear storage and WC. A staircase leads to the first floor which is currently used for additional storage.

The ground floor is approximately 408 sq m. The building has been exceptionally well maintained.

There is access at the front to the car park/loading area.

External

The subjects benefit from prominent roadside frontage, located within a popular residential area of Ayr. There is a car park at the front of the property that has space for around 8 vehicles.

Services

The property has mains services connected.

Tenure

The property is held on the Scottish equivalent of freehold.

Trading Figures

Full trading information will be provided after formal viewing has taken place.
Price
An asking price of £750,000 is sought for the freehold business, fixtures, fittings and goodwill and stock.

Summary
This is a unique opportunity to purchase a well-run, highly profitable, and easily managed flooring business in a great location. It makes an ideal purchase for someone looking to establish themselves in the flooring industry or for an existing operator looking to expand. Viewing is highly recommended to appreciate all that is included in the sale.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

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