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BUSINESS REFERENCE : 10280 / RightBiz LEASEHOLD FLOORING COMPANY FOR SALE IN STAFFORDSHIRE | | | | | | Flooring Sales Busy retail park, Stafford, Staffordshire T/O: £66,000 approx GP: 60% approx Excellent location Year on year increase in turnover Opportunity to extend opening hours. | | | BUSINESS LOCATION: | Stafford Staffordshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Carpet Sales | | SALE: | Agent Sale | LEASEHOLD: | £69,995 + SAV | ANNUAL RENT: | £17,500 | | | | | | | | | | | BUSINESS DETAILS: | Location
The Real Wood Floor Co is situated on the busy Madford Retail Park which contains a selection of complementary businesses and shopping outlets. There is ample customer car parking, and the retail park is just a short walk from the centre of Stafford. Stafford attracts a wealth of customers due its newly built housing estates and the beautiful historic buildings such as St Chad's church. Stafford is the only major town between Stoke-on-Trent and Wolverhampton therefore acting as the main shopping location for south Staffordshire. The town is accessed from the M6 via both J13 and J14 whilst the railway station is a popular stop for many inter-city trains enabling convenient commuting from Birmingham, Manchester, Liverpool and Stoke-on-Trent.
Business History
Bag a Business is pleased to offer to the market this rapidly developing flooring retail shop that is situated in an enviable trading location within Madford Retail Park. The business has been established since 2006 and was opened as a development of our client's carpet business situated elsewhere. The business is only now being offered to the market due to our client's wish to concentrate on the carpet side of the business and, due to the increasing levels of trade, does not feel that he can manage to operate both outlets. The Real Wood Floor Co has demonstrated year-on-year growth since it opened and boasts and impressive turnover of £66,162 with a gross profit of 60%, for a business of this nature in its second year. Our client has developed the business's reputation to the point where it is gaining prestigious and valuable contracts for projects such as the re-flooring of church buildings. We feel that this is an excellent base for a new owner to build upon by, perhaps, concentrating on marketing the business proactively, employing a salesperson and developing a web-site.
ACCOMMODATION DETAILS
The business is located on the ground floor of a purpose built retail unit briefly comprising;
GROUND FLOOR
Spacious trading area with separate areas for carpets and specialist lines
Office area
Toilets
Kitchen
EXTERNAL
The building is situated immediate in front of the customer parking for the retail park.
FINANCIAL PROFILE
W/T: £1300 approx.
GP: 60% approx.
OPENING HOURS
Mon & Tues 9:15am - 6:00pm
Wed closed
Thurs & Fri & Sat 9:15am - 6:00pm
Sun 10:00am - 4:00pm
TENURE
Original lease length 10 years
Remaining lease length 8.5 years
Review every 5 years
Rent £17,500 per annum | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 10280 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
