Freehold Established Flooring Specialist West Mids
Overview
Description
The business supplies a full range of flooring to commercial and domestic clients throughout the Midlands region.
In addition the business supplies full bedroom furniture with showroom.
A wide ranging and loyal client base is included in the sale.
Recent years have shown consistent sales, averaging £901k.
The freehold of one of the units is included in the sale and valued at £750k (less outstanding mortgage of just below £300k). Net Asset Value is estimated at £547k including 2 vehicles and stock currently circa £54k.
The second unit is held on a short term lease at annual rent of £19,000.
The business is operated by the owner with the valuable assistance of a loyal team of 6 staff. The owner is willing to stay on for an extended hand-over period, subject to negotiation.
For further information please click through or contact The Business Partnership Birmingham office directly.
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Established since 1999 – Highly Profitable Business
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Highly Respected Brand in the Region
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Also Supply Full Bedroom Furniture
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£900k T/O to a Loyal Domestic & Commercial Client Base
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Wide Product Range including Carpet, LVT, Laminate, Safety, Engineered Wood
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Immaculately Present Carpet and Bedroom Showroom
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Freehold Premises Valued at £750k (mortgage £315k outstanding)
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Net Asset Value £547k
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Loyal & Professional Team of Staff
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Owner will Provide a Negotiable Extended Hand-Over Period
Is stock included:
Listed By:
