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BUSINESS REFERENCE : 1003 / RightBiz CARPET & CURTAIN RETAILER & FITTERS BERKSHIRE | | | | | | Phoenix Business Agents are delighted to place onto the market this Carpet Retail and Fitting business which has been established for over 35 years. Our client has owned it since 1983 and now wishes to concentrate on other business interest’s hence reluctant sale.Our client provides carpets, vinyl flooring and curtains and offers a design, retail and fitting service. The business employs 1 part time member of staff as well as a full time fitter who is self employed and the owner is also in the business on a full time basis.Most of the clientele are within a 5 mile radius of the premises and our client undertakes a lot of refurbishment work particularly for retired people. The business offers a personalised service with border work for carpets being their speciality.The business has a huge client base which is largely been built by word of mouth. The staff who are fully trained would be prepared to stay on after the sale. | | | BUSINESS LOCATION: | Reading Berkshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Carpet Sales | | SELLER: | Agent Sale | LEASEHOLD: | £95000 | ANNUAL RENT: | £9500 | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
This superbly presented business is located in a very large and spacious retail unit which forms part of a large parade of shops. The local area which lies 2 ½ miles from Reading is an established affluent and commercially thriving area. The village centre is only ½ a mile away and there is ample car parking outside the premises. A densely populated residential area surrounds the premises.
The M4 and M3 motorways lay close providing good links throughout the country
BUSINESS DETAILS
Phoenix Business Agents are delighted to place onto the market this Carpet Retail and Fitting business which has been established for over 35 years. Our client has owned it since 1983 and now wishes to concentrate on other business interest’s hence reluctant sale.
Our client provides carpets, vinyl flooring and curtains and offers a design, retail and fitting service. The business employs 1 part time member of staff as well as a full time fitter who is self employed and the owner is also in the business on a full time basis.
Most of the clientele are within a 5 mile radius of the premises and our client undertakes a lot of refurbishment work particularly for retired people. The business offers a personalised service with border work for carpets being their speciality.
The business has a huge client base which is largely been built by word of mouth. The staff who are fully trained would be prepared to stay on after the sale.
There is a lot of potential with this concern which has been operated largely to fit in with our client’s lifestyle. The local wooden flooring market could easily increase turnover as well as taking on more commercial clients which only provide around 5% of business at present. The roller blind side of the business could also be marketed further again this would increase turnover and profits.
The turnover at present is in the region of £140,000 with a gross profit of 40% and the net profit is in the region of £25,000 per annum.
Our client would be available for a hand over period if required by the new owners.
FINANCIAL DETAILS
Turnover: £137,022 per annum (Approx.)
Gross Profit: 40% per annum (Approx.)
OPENING HOURS:
Mon – Sat: 09.00am – 5.30pm
Sun: Closed
PROPERTY DETAILS
This large glass fronted unit consist of:
Ground Floor
Full signage frontage
Double glazed entrance
Total unit size (approx) 70ft by 18ft
Very large display area
Fully shelved
Curtain display area
Numerous samples
To the rear
Separate office
Toilet
Separate Kitchen
Purpose storage to the rear
Two further storage areas along with overhead storage
External
Large car park
To the rear access and fire exit
TENURE: Leasehold.
ORIGINAL LENGTH: 10 years.
REMAINING: 01 years.
RENT: £9,500per annum. | | | | | CONTACT: | PHOENIX BUSINESS AGENTS | | TELEPHONE: | 0844 567 5016 | | REFERENCE: | 1003 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
