FOR SALE
12/03/24
608074
RB10572 / Rightbiz
Alan J Picken are delighted to offer this Very Well-known, Family Run Custom Bed Shop Business onto the market.
The business has been supplying high quality, luxurious beds and mattresses for over 30 years with many satisfied returning customers, situated in Northallerton for 5 years and is now offered for sale due to our client wishing to relocate to London with his fiancé.
Over the years an excellent reputation in the trade has been established attracting a local and loyal client base as well as customers from further afield. In fact, the business has in excess of 100 5-star google reviews as well as excellent TrustPilot reviews. Such is the reputation that the vendor advises us that when a search is done for North Yorkshire, it comes up at the top of the listings.
The business occupies a prime trading position in the heart of Northallerton run from an impressive multi fronted lock up show room premises fitted with valuable fixtures, fittings & equipment.
Sales are achieved in store and online. Our client’s website lists some great styles and options to choose from, however they can also provide a fully bespoke bed too.
Every bed listed on their website can be viewed in their Northallerton store, as well as having many more styles available to look at and try out including divan bases, standard divan ottomans and a wide choice of headboards, including floor standing headboards. All beds are hand made in Yorkshire and not sourced from abroad.
Turnover shown on accounts as £88,126.
Gross Profit £53,218.
Net Profit £24,020.
Capable of much, much more.
We trust this will prove a resoundingly successful acquisition, especially for a dedicated owner proprietor to continue to exploit the full potential and derive maximum profits.
Business £14,950 Plus SAV
Leasehold.
North Yorkshire.
Reference.RB10572
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.
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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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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