 | Successful Bedroom and Kitchen Supplier/Installer Nottinghamshire, United Kingdom Advert ref: N518 FINANCIAL DETAILS | Asking price: £199,000 Sales revenue: £200k < 500k Net profit: < £100k Fixtures value: £100,000 Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is delighted to offer an opportunity to purchase a business, which is not only extremely well established but which is highly profitable, enjoys an outstanding reputation and benefits from having the exclusive rights for Nottinghamshire for various leading brands.
In addition to these features the business has been set up to be run very simply, keeping administration to a minimum.
This business will appeal not only to those already operating in this sector but also to individuals or couples with experience in sales and/or administration, as every assistance or training will be given where required. The vendors have indicated their willingness to remain with the business for an agreed period to ensure a smooth and profitable transition.
Viewing of this business is highly recommended.
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GENERAL INFORMATION | Years established: 20+ years
Employees: The vendors, a man and wife partnership, each only working part-time, undertake sales and administration, with the help of one part-time Saturday lady.
Trading hours: Monday – Saturday 9.30 am – 5.00 pm
Property: Leasehold
Lease terms
Rent: £14,800 per annum
The current 25-year lease commenced in March 1989.
Location
The showroom is ideally situated in the centre of a Nottingham suburb, facing a large supermarket, which in itself generates a good share of the sales. It also benefits from having it’s own parking for 3-4 cars and the adjacent supermarket car park.
Support & training
The vendors have indicated their willingness to remain with the business for an agreed period to ensure a smooth and profitable transition.
Reasons for selling
The business is only for sale due to the planned retiral of the vendors.
Related documents
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The Business Partnership - Derbyshire, Nottinghamshire, Sth Staffs, NW Leics | | | |
