Established Flooring Business with Showroom and Diverse Product Range for Sale in Holloway London
Holloway, London
- Status
FOR SALE
- Advert ID
619886
- Leasehold: £90,000
- Rent: £14,676 (£1,223 per month)
- Turnover: £180,000 (£3,462 per week)
- Profit: £45,000 (25% Profit margin)
Key Features
- Retirement Sale
- Offers Invited
- Small Business
- Accounts Available
Business Details
Flooring merchants
A family business that boasts 17 years of successful operation, is now on the market for sale. The business has numerous compelling features, starting with its well-established showroom. Displaying a wide variety of flooring samples prominently, the showroom is a testament to the wide range of products this business has managed to accrue over its long run.
Not only does the business showcase a variety of products, but the showroom holds its own aesthetic appeal as well. Its modern interior is floor laid out in an appealing herringbone pattern design. Such a design ultimately enhances the experience of potential customers, making their visit to the showroom a pleasant one.
Furthermore, the business premises are spacious, offering ample space for product displays and customer consultations. This facilitates seamless business operations and provides potential customers with a comfortable and accommodating environment. This consistency in detail ensures that customers feel valued, a key feature serving to enhance the overall reputation of the business.
Beyond its amenities, the business also enjoys an enviable location. Located in an area with great visibility, it appeals to passersby with its large, inviting glass entrance doors - an indication of the welcoming service they can expect within. Such easy visibility boosts the retail potential of the business, making it an attractive prospect for investors.
For potential buyers looking for a turnkey opportunity, this business comes equipped with existing stock and fixtures. This means that immediate operation is possible for the new ownership - a significant business advantage. Undoubtedly, the highlight of this family-run business is its network of wholesale contacts, evidencing the business's strong market 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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