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Popular Rug Retailer in Warrington Cheshire for Sale with £200,000 Stock Included

Warrington, Cheshire
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Well established Rug Retailer for sale Photo 1
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Well established Rug Retailer for saleWell established Rug Retailer for saleWell established Rug Retailer for saleWell established Rug Retailer for saleWell established Rug Retailer for saleWell established Rug Retailer for sale
  • Status

    FOR SALE

  • Date Submitted:

    26/07/23

  • Advert ID

    517193

  • Reference

    B07443 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £100,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Well established Rug Retailer for sale

Business
Please quote reference B07443

CoGoGo are delighted to welcome to the market The Rug Retailer, a well established rug retailer currently based around the Warrington area.

The highly rated business opportunity was first established by our client in 1996, before it started trading as The Rug Retailer in 2006. The business has built up an excellent reputation and repeat client base.

The Rug Retailer has now come to the open market due to our clients desire to concentrate on other business interests. 

The Rug Retailer is one of the leading rug retailers in the Uk with an ever growing range of rugs and hallway runners. The business prides itself on having something that satisfies all tastes, all budgets and all interior décor schemes.

The business has over 20,000 rugs to choose from including;

  • Shaggy rugs
  • Wool rugs
  • Traditional rugs
  • Plain rugs
  • Round rugs
  • Modern rugs
  • Hallway runners
  • Large rugs
  • Handmade rugs
  • Skins and hides
The sale will include the company e-commerce website and social media platforms and the business enjoys great visibility online with impressive reviews.

The sale will also include approximately £200,000 of stock.

Key selling points -

  • A well established business with an enviable reputation and many satisfied customers
  • Current owner happy to offer a handover to ensure the continued success of the business
  • Ideal owner managed or partnership business
  • Fully relocatable, currently based in the Warrington area but could arguably be run from anywhere in the country
  • Includes approximately £200,000 of stock so represents something of a bargain
  • Perfect Bolt On to an existing flooring company perhaps looking to expand into rugs.
Scope to improve - 

  • Advertising and Marketing campaign
  • Maximise the use of social media particularly Instagram and TikTok
  • Invest in SEO and PPC to drive customers to the business website
  • Consider stocking a range of complementary products
  • Open a retail store
Very rarely do flooring companies of this calibre come to the early market so early enquiry is highly recommended



Location
The Rug Retailer is located around the Warrington area, but can be relocated to anywhere in the UK. 



Premises
N/A



Tenure
We are advised that the business is being sold on a relocatable business only basis.



Hours
Due to the nature of the business, it operates 24/7 through their online website. 



Staff
We are advised that the business is run and managed by our client. 



Financial Profile
Further financials can be made available upon request.



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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.

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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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