 | Kitchen Bedroom & Bathroom Retailer For Sale Birmingham, West Midlands, United Kingdom Advert ref: 1435jmh FINANCIAL DETAILS | Asking price: £170,000 Sales revenue: £500k < 1m Net profit: £100k < 250k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is pleased to be instructed in the sale of this excellent kitchen retail showroom with large display, assembly & storage area totalling some 4,500sf. Sales approximately £700,000 pa returning 37% gross margin split mainly between kitchen and bathrooms. Secure yard to rear with access through 2 rollershutter doors. Should be viewed at the opportunity.
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GENERAL INFORMATION | Years established: 7 years
Employees: Vendors plus 2 full-time employees
Property: Leasehold
Lease terms
Leasehold – a very attractive 10 year renewable lease, which commenced in 2000, held with a local private landlord, at a yearly rental of £2,972 per month. We understand that the landlord is willing to offer any purchaser a new lease, with terms to be agreed.
Location
Situated in a very business suburb of Birmingham, which sees excellent parking nearby.
Support & training
Excellent handover assured
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The Business Partnership - Birmingham, West Midlands, Hereford & Worcester | | | |
