Family-Run Gloucestershire Flooring Business Operating since 1963 for Sale
Cheltenham, Gloucestershire
- Status
FOR SALE
- Date Submitted:
14/08/23
- Advert ID
518071
- Reference
B07449 / Rightbiz
- Call Agent:
- Leasehold: £240,000
- Turnover: £462,091 (£8,886 Per week)
- Net Profit: £83,742 (19% Profit margin)
Business Details
Extremely well established flooring business for sale
BusinessPlease quote reference B07449
CoGoGo are delighted to welcome to the market Dobson Flooring, a highly rated business opportunity in Cheltenham.
Dobson Flooring is a family run business that was established in 1963. The business has been operating from the current premises since 2009. This business has built up an excellent reputation and regular client base. As seen by the online ratings and reviews, the business is extremely popular.
Dobson Flooring has now come to the open market due to our clients wish to retire.
The business prides itself on offering specialist flooring advice and efficient project management, supplying and installing a wide range of flooring products at extremely competitive prices.
The business has an experienced team of fitters that have worked with them for many years ensuring that customer satisfaction is paramount.
The business offers a range of products including;
- Carpets, a wide range including Cormar Carpets, Edel Telenzo, Victoria Carpets, Brockway, Gaskell, Kersaint Cobb, Unnatural Flooring and Flooring One to name just a few.
- Bespoke rugs and runners to the customer’s specific requirements and these can be edged in cotton, linen, leather, suede or yarn.
- Karndean. The business supplies the full range of Karndean in either wood or tile effect.
- Vinyl, a selection of vinyl flooring that can be taken away or fitted.
- Remnants, at 50% off recommended retail price.
Key selling points -
- A well-established business with an enviable reputation and many happy and satisfied customers
- Current owners happy to offer a handover to ensure the continued success
- A real opportunity to increase turnover and profits significantly, current owners have been running at a pace to suit
- Ideal owner managed or partnership business
- Perfect opportunity for an experienced flooring salesman looking for their first foray into self employment/business ownership.
- Advertising and Marketing campaign
- Maximise the use of social media
- Extend the opening hours
- Update the existing website
- Invest in SEO and PPC to drive new customers to the business
Location
Dobson Carpets is located on a small industrial estate in Cheltenham.
Premises
The business occupies premises ideally suited to the trade on a small industrial estate.
The premises briefly comprise a generous showroom/warehouse together with a mezzanine displaying remnants. In addition, there is a first floor office/staff room with a kitchen area.
The business is nicely presented with clear visible signage and free customer parking immediately outside the premises.
There is a skip to the side of the premises.
Tenure
We are advised that the business is being sold on a Leasehold basis, with currently on a 5 year lease. The rent is £16,000 per annum.
We are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.
Hours
The current trading hours are -
Monday to Tuesday - Closed
Wednesday to Friday - 9am - 5pm
Saturday to Sunday - Closed
Staff
We are advised that the business is run and managed by our client, with the help of an apprentice, an administrator and 2 self employed carpet fitters. The businesss also receives help from casuals as and when needed.
Financial Profile
Further financials can be made available upon request.
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.
Be safe, use a Rightbiz Solicitor
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