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BUSINESS REFERENCE : RR 1307 / RightBiz 1307 WELL ESTABLISHED FURNITURE RETAILERS WITH EXTENSIVE STOCK RANGE WITH SALES AREA OVER TWO FLOORS | | | | | | * Impressive Furniture Retailer * Excellent Turnover & Profits * Prime Location In Busy Precinct * Large Sales Area Over Two Floors * Extensive Stock Range * Well Known In The Area * No Competition * Realistically Priced To Sell | | | BUSINESS LOCATION: | Aldridge West Midlands UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Home Accessories & Furniture Shops | | SELLER: | Agent Sale | LEASEHOLD: | £95000 | | | | | | | | | | | BUSINESS DETAILS: | Business:
A rare opportunity to purchase a very successful furniture retailer, only on the market due to familly illness. The businees has been set up and grown by the present owners over the past six years to the excellent turnover and profits it is now achieving.
The shop has an extensive stock range contained over two floors, which includes sofas, suites, dinning tables and chairs, lighting, beds and bedroom furiture. The turnover has consistently improved during the last six years by constantly improving the stock range, getting to know the customers and stocking what they want, this is reflected in the turnover and the stock turn.
The choice of stock and purchasing power allows the business to achieve a very healthy gross profit margin of an average of 50%This is a business an entusiastic new owner can not only maintain but can take the turnover to the next level.
Location:
Ideally located on the corner of a very busy precinct, situated in a parade of shops in a high-density residential area in Aldridge in the West Midlands.
The shop is in a very prominent position, situated on the corner facing the main road and into the precinct, getting the best from local shoppers and catching any passing trade. There is ample parking to the front and “collection only” parking at the rear.
Premises:
Impressive shop premises with over 4,500 square feet of sales area over two floors. The ground floor displaying suites and dinning room furniture, a large cash desk area and stairs leading to the first floor sales area with beds and bedroom furniture.
Tenure Details:
Leasehold, Renewable Lease
Lease Term: 9 years
Term Remaining: 3 years
Staff Details:
Owner Managed plus two full time
Notes:
Excellent opportunity for new owners to further build on this successful business. | | | | | CONTACT: | BRITANNIA COMMERCIAL | | TELEPHONE: | 01274 590092 | | REFERENCE: | RR 1307 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
