Established Sofa Shop in Stockport Manchester, Includes Fixtures, Fittings, and Training
Stockport, Manchester
- Status
FOR SALE
- Advert ID
628730
- Leasehold: £95,000 (Stock at valuation)
- Rent: £14,000 (£1,167 per month)
- Turnover: £180,000 (£3,462 per week)
- Profit: £115,884 (65% Profit margin)
Key Features
- Accounts Available
- Established Business
- Offers Invited
- Owner Financed
Business Details
Sofa Shop for sale in Stockport Area
Business for Sale in Stockport Area
Presenting an established and well-known sofa shop located in the heart of Stockport, Manchester. This prominent business boasts a high-visibility location in a town center, drawing consistent footfall and regular patronage from landlords and other repeat customers. Over its seven-plus years of operation, the shop has solidified its reputation in the neighborhood and is now available for sale due to the owner's need to focus on other business commitments.
Financially, the business demonstrates a strong turnover of £180,000 with a healthy profit margin of £115,884. Offered at a leasehold price of £95,000, the shop incurs an annual rent of £14,000. Detailed accounts are readily available for potential buyers, along with the opportunity for owner financing. Notably, the shop benefits from very good profit margins and holds vast potential for further growth.
The shop's physical attributes include a spacious showroom adorned with modern and stylish décor. Customers can explore a diverse collection of contemporary sofas and attractive wall art, all within a split-level, open-plan trading area featuring vibrant artistic elements. It is ideally positioned in an affluent village center, surrounded by multiple retailers, shops, and restaurants, making it an appealing destination for customers. Furthermore, there is minimal competition in the area for the specific offerings of the shop, amplifying its unique business proposition.
Included in the sale are all fixtures and fittings, and the current owner is prepared to offer training and share valuable supplier contacts. This includes the option to continue stocking with supplies from the owner’s wholesale furniture company if desired. Despite a well-established online presence, this aspect is not part of the sale package. The business employs four staff members who contribute to its day-to-day operations.
Interested parties are invited to explore this unique investment opportunity. To arrange a viewing or to engage in further discussion, please call or email [email protected].
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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.
Stay Safe
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.
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.'.
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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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