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Flooring business in North London available for sale, serving customers since 1990.

City of London, London

PHOTO COMING SOON

  • Leasehold: £149,995
  • Turnover: £348,887 (£6,709 per week)
  • Profit: £55,522 (16% Profit margin)

Business Details

North London’s Go To Flooring Experts – Established Since 1990

Business
Please quote reference B09024 

CoGoGo presents an exciting opportunity to acquire a long-established carpets and flooring retail business, proudly serving North London and beyond since 1990. 

With a reputation for quality, service, and stylish interiors, this business has built a loyal customer base across some of the capital's most desirable neighbourhoods. 

The business is ideally positioned in London, with easy access to a wide range of areas including North Finchley, Crouch End, Bounds Green, Barbican, Southgate, Wood Green, Turnpike Lane, Hampstead, Islington, Highgate, Finsbury Park, Muswell Hill, Haringey, Enfield and Barnet. This extensive reach ensures a consistent flow of customers seeking everything from plush carpets to hardwearing flooring solutions. 

Trading successfully for over three decades, the shop has become a go-to name for homeowners and businesses alike. Whether it's a chic Islington townhouse, a stylish Camden flat, or a family home in Barnet, customers trust the business to deliver high-quality flooring with expert fitting. 

Currently employing 2 PAYE staff members and 3 skilled subcontractors, the business runs efficiently with a strong support team in place. It also benefits from a fantastic digital presence with a modern website and an active Facebook page that showcases its work, customer reviews, and excellent Google ratings.

Trusted by Leading Organisations Across London and the Home Counties

They are proud to be approved contractors and partners for a wide range of respected institutions, including:

  • Private and State Schools
  • Estate Agents in Finchley Central, Hampstead, and Muswell Hill
  • Reputable Building Contractors
  • Care Homes across London and the Home Counties
This strong portfolio of contracts reflects their reliability, professionalism, and commitment to delivering quality services across education, real estate, construction, and healthcare sectors. 

Selling Points:

  • Established in 1990 with a trusted reputation
  • Leasehold premises with reasonable rent
  • Excellent reviews and ratings online
  • Expansive coverage across North London
  • Scope to boost profit by pushing advertising and extending hours 
  • Strong digital presence with website and Facebook page
The business is offered for sale due to the owner's retirement, making this the perfect opportunity for a new operator to step in and take the reins of a thriving, well-regarded retail brand.

Get in touch with CoGoGo today. Click ‘Contact Seller, Send Enquiry or Contact Broker’ now to learn more, ask questions, or arrange a private viewing.



Location
This business is currently located in London. 

Click ‘Contact Seller’, ‘Send Enquiry’ or ‘Contact Broker’ now to find out more.



Premises
The shop offers an inviting retail environment, ideal for showcasing a wide range of flooring options, and provides ample space to manage orders and serve customers efficiently.



Tenure
This opportunity is being sold on a Leasehold basis. The current rent is £36,000 per annum.



Hours
The business currently operates on a part-time schedule:

  • Monday: 9:00 am to 5:00 pm
  • Wednesday: 9:00 am to 5:00 pm
  • Friday - 9:00 am to 5:00 pm
  • Saturday: 9:00 am to 5:00 pm
There's a huge scope to extend trading hours or open on additional days to capture even more sales.



Staff
The business is supported by a small but effective team – 2 PAYE staff members and 3 subcontractors – ensuring flexibility and expert service at every stage.



Financial Profile
We are advised this business generated a turnover of around £348,000. Full financials can be made available upon request.



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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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