Profitable Carpet & Flooring Business in Cramlington Northumberland for Sale
Cramlington, Northumberland
- Status
FOR SALE
- Date Submitted:
03/12/21
- Advert ID
287070
- Reference
B06609 / Rightbiz
- Call Agent:
- Asking Price: £5,999
- Turnover: £62,400 (£1,200 Per week)
- Net Profit: £25,000 (41% Profit margin)
Business Details
Reputable Carpet & Flooring Business For Sale
BusinessPlease quote reference B06609
CoGoGo is delighted to welcome to the market T&F Carpets, a very profitable, newly established carpet & flooring company located in Cramlington, Northumberland. The business was established by our client in March 2021, though he has thoroughly enjoyed running the business, he is now looking to pass the business on and focus on spending time with his young family.
The business offers a range of carpet and floorings, supplied, and fitted. From the start the business saw a huge amount of custom simply by utilising social media advertising. The business has grown month on month with a huge amount of word-of-mouth recommendations.
T&F Carpets has a huge social media presence with excellent 5-star reviews. A hand over period will be offered to ensure the continued success of the business.
Our client advises there is huge scope for expansion for an owner who can dedicate the time. The business already has an impressive turnover with great profit margins.
There is ample of scope to further increase the turnover such as:
- Employing a staff member
- Introducing new lines
- Leaflet dropping
- Extending catchment area
- Scoping out to the commercial sector
- Excellent reputation
- High profit margins
- Scope for expansion
- Low overheads
- Handover period
- Supplier accounts
- Social media marketing
Location
T&F Carpets is currently running from our clients home address covering a 15 mile radius of Cramlington, Northumberland.
Though the business is fully relocatable, we would advise to keep within the proximity due to the business being very well known within the area.
Premises
Relocatable.
Tenure
Business Only.
Hours
The business trading hours are as followed:
Monday to Friday - 09:00am - 17:00pm
Staff
The business is owner run and managed.
Financial Profile
We are advised the business generated a turnover of circa £60,000 as of 2021.
Please quote reference B06609
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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