Profitable Multi-income Stream Business For Sale With Freehold Premises | | Louth Lincolnshire | | An easily managed three-in-one business, comprising retail furniture sales, removals and storage, and the production of simple upholstered products. There are ongoing trade supply contracts, ongoing storage income, and three successful marketing websites. Freehold to buy Profitable Multi-income Stream Business For Sale With Freehold Premises is located in Lincolnshire. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 47876
ADVERT IMPRESSIONS : 11,049 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Other | | SALE: | Private Sale | FREEHOLD: | £220000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Total current business turnover is £158,000. The business is located in a rural business park in Lincolnshire, and trades from Monday to Friday, 9.00 - 5.00, and Saturday, 10.00 - 1.00. There are two full-time and two part time employees. The owner, who started the business, has been trading for 23 years and at 64, wishes to retire. A younger person, or couple, with a more energetic input could benefit from the huge potential this business promises, in all areas of its operations. The freehold premises consist of 8,000 sq ft on two floors, and incorporate:- a reception area and office; the retail showroom, open to the public, stocked with beds, mattresses and bedroom furniture; the main storage area for customers' stored effects; other storage areas; the cutting and assembly areas of the production facility; the packaging and dispatch areas. The markets served are:-
(a) trade customers - importers and manufacturers of dining chairs and bedroom stools to whom are supplied upholstered seat pads;
(b) internet customers - members of the public to whom are sold upholstered headboards, footstools, and other products (made by us), plus mattresses and other products from other suppliers;
(c) removals & storage customers, both local and from all parts of the UK:
(d) another group of internet customers, purchasers of upholstery foam cut to size. The business has a wide range of tools, equipments, machinery, van, fixtures and fittings and office equipments, including branded and bespoke software. Financial profile:
There are two limited companies included in the purchase, and both are offered for sale as going concerns. All financial discussions will take place directly between the vendor and all interested parties. Current turnover is £158,000, with net profits of approx £35,000. The freehold premises are valued at £120,000. The owner runs the business and has two full time employees, plus one part-time operative and one part-time book-keeper/admin/sales person. Other agency staff are called, as required, from time to time. The owner would be happy to help with the smooth transfer of the business in any way possible and would be willing to stay in the business for a short period of time. The owner has built up the business over 23 years and has now reached retirement age. With no other family member able to take over the running of the business, the vendor is reluctantly putting the business up for sale. This is a unique opportunity for someone to take over a profitable and successful business with great prospects to expand the operation. | | | | | | FOR SALE | | | | | REFERENCE: | 47876 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
