Family-Owned Carpet Shop for Sale in Ramsgate, Kent with Steady Turnover Increase
Ramsgate, Kent
- Status
FOR SALE
- Advert ID
613521
- Leasehold: £35,000
- Rent: £7,200 (£600 per month)
- Turnover: £80,000 (£1,538 per week)
- Profit: £35,000 (44% Profit margin)
Key Features
- Town Centre location
- Established Business
- Small Business
- Close to Local Amenities
Business Details
Carpet shop business for sale ramsgate, kent.
It's a small family owned business, just two brothers and no other employees, we've owned the business for two years but due to both of us starting families in the last year we have other commitments and are unable to put as much effort into the business as we would like, so have both moved into other areas within the flooring industry.
Over the two years we've had a slow but steady increase in turnover as our customer base expanded.
Ramsgate Town and the area of thanet is increasing in size dramatically with houses being built all over and the population size is growing so its generally great for business.
Opening hours are currently 9-5 Monday to Friday and 10-1 on a Saturday, closed on sundays, so again there is room there for extra business hours and increased turnover.
We have an online presence as well, a Facebook page, 'carpet heaven ramsgate' and a brand new website,
carpet-heaven.co.uk
The business is in the town centre, which is currently being somewhat gentrified as new residents move into the town from London and other cities. There is most certainly alot more people with money moving into the area as ramsgate is now in the"top 10 uk coastal towns to move to" - daily mail 2022.
Sale of the business comes with all fixtures and fittings including a four roll carpet rack, 6 roll vinyl rack, full kitchen with accessories and around 8k worth of stock at cost price
The shop has 5 areas, the main shop for roll stock, desk etc.
The kitchen area.
The toilet
The Stock room for underlay and accessories.
The store room that can be accessed from the back of the shop for deliveries etc..
All in all, it's a great opportunity for somebody that has time to put into the business. Please message direct.
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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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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
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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.
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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.'.
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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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