Profitable Carpet & Flooring Business, Central Scotland 2627

Leasehold £89,000

    1703
  • 1704
  • 1705

This is an excellent opportunity to acquire this profitable and growing carpet and flooring business serving Central Scotland.

This retail and contract carpet and flooring company offers an excellent turnover and good margin business with highly visible main road premises.

Turnover for year ended 31 March 2019 £265,000.

Leasehold shop with additional industrial storage unit both with ample free parking.

Business, leasehold interest, fixtures and fittings for sale plus stock at valuation.


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Type of business
The business sells a wide range of carpets, linoleum, laminate flooring and luxury vinyl tiles to both domestic and commercial customers. Providing a friendly, expert service the business is an ideal owner managed business and the current owner will provide training to any purchaser without carpet retailing experience. This business may also suit other carpet retailers looking to expand their business into the Central Belt of Scotland.
Opening hours
10.30am - 5.30pm Monday to Friday, 10am - 4pm Saturday.
Staff
The owner runs the business with one part time employee and subcontract carpet fitters and floor layers.
Tenure
Leasehold premises. Shop rent £433 per month.  New long lease available. Rateable value £4,500 so no rates are payable. Storage unit rent £443 per month. Lease expires 2021. Rateable value £4,100.
Premises
The business operates from bright spacious leasehold premises.  The shop is a single fronted ground floor unit of 41m2 (433sqft).The unit is an open plan display space plus an office, toilet and kitchen facilities.  Ample parking.
Financial information
Net turnover for the year of £265,000.  Stock around £5,000.  Full accounts available to serious interested parties after viewing.