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Bed Retailer in South Cheshire For Sale

 
Cheshire, United Kingdom
 
Advert ref: C1081
 
FINANCIAL DETAILS
 
Asking price: £49,000
 
Sales revenue: £200,000
 
Net profit: £38,000
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
The Business Partnership is pleased to present this family run Bed Retailers for sale.

With an excellent local reputation, the business has been established for over 12 years selling beds and associated furniture. They offer for sale products from leading manufacturers such as Sealy, Harrison and Silent Night, on an exclusive basis.

The excellent reputation built by this business means they are now serving second and third generation customers from within the same families.

Situated within a well known local complex of shops, the showroom occupies approx 2,800 sq ft with a storeroom and office occupying a further 550 sq ft approx. A new 3 year lease is under negotiation and currently stands at £15,178 pa.a with rates of £4,000 p.a.

Turnover £200,000 p.a. Gross Profit £82,000 Fixed Asset Value £12,000

The business operates with the owner, 1 full time and 1 part time member of staff. A delivery driver is employed on a casual basis.

This retirement sale is offered for the goodwill and assets of the business. Stock at valuation is in addition to this. The sale price does, however, include all fixtures and fittings and the delivery van.

Please ask for more details.


GENERAL INFORMATION
 
Years established: 12
Employees: 2
Property: Leasehold

Lease terms
A new 3 year lease is under negotiation and currently stands at £15,178 pa.a with rates of £4,000 p.a.


Location
Situated within a well known local complex of shops, the showroom occupies approx 2,800 sq ft with a storeroom and office occupying a further 550 sq ft appro


Support & training
A full handover will be arranged.


Reasons for selling
Retirement sale.


Financing available
Yes, please ask for details.


 
The Business Partnership - Shropshire, Staffordshire, South Cheshire and Mid-Wales
 
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© 2003 - 2008 The Business Partnership
 
Name: Business Partnership (Management) Limited
Registered Office: Meridian House, Road One, Winsford Industrial Estate, Winsford, Cheshire, CW7 3QG
Company Number: 4459291    VAT No: 797 8848 30