Bed Retaler, South Cheshire For Sale

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 £192,000 p.a. Gross Profit £76,000 Fixed Asset Value £8,000

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.

Property information

Property:

Leasehold

Lease terms:

A new 3-year lease is under negotiation at around £15,200 p.a. Rates are approx £4,000 p.a. There is a proposed service charge of £1,24 per sq ft.

Location:

Within a well known complex of shops providing good footfall. Showroom is approx 2,800 sq ft with additional storage and office space.

Other information

Competition / Market:

A continuous marketing strategy supports this business's reputation for quality and service and keeps them at the top of the local market.

Support & training:

A full handover can be arranged.

Reasons for selling:

Retirement sale.

Trading hours:

Mon - Sat, 9:30-5pm

Financing available:

Yes, please ask for details.

Furniture / Fixtures value:

£8,000 (included in the asking price)