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Flooring Showroom in Staffordshire with Loyal Customers and Growth Potential

Undisclosed, Staffordshire

PHOTO COMING SOON

  • Freehold: £479,999
  • Turnover: £420,000 (£8,077 per week)
  • Profit: £95,000 (23% Profit margin)

Business Details

A Flooring Business That’s Already Laid the Foundations

Business
Please quote reference B09570

CoGoGo welcomes to the market an exciting opportunity to acquire a well-established and highly regarded retail carpet, bed and flooring showroom.

This confidential sale presents a fully operational, turnkey business with a strong reputation, loyal customer base, and excellent online presence. The owners are offering the business for sale due to a change in business focus.

Operating seven days a week, the business offers a wide range of carpets, beds, laminate flooring and related products. It has built a strong reputation for quality and service, reflected in excellent online reviews and a substantial social media following.

The business serves a wide catchment area and offers clear potential for further growth, particularly through digital channels.

This is a fantastic opportunity to acquire a successful and well-presented retail business with strong foundations and immediate trading capability. Ideal for an owner-operator or investor seeking a confidential acquisition with excellent future potential.

For further information an Non-Disclosure Agreement will need to be signed.



Location
The business occupies a highly desirable trading position within a busy and well-known retail area, surrounded by complementary home improvement and furnishing businesses. The premises benefit from strong passing trade, excellent visibility, convenient road links, and customer parking nearby.



Premises
The business operates from a large, modern double-height showroom presented to a high standard throughout. The premises have been recently refurbished and require no immediate investment. Internally, the space is well laid out to maximise product display and customer experience, with additional upper-level showroom and office space. The property offers generous floor space and flexibility for a variety of uses.



Tenure
Freehold Opportunity.



Hours
The current operating hours are:

Monday to Friday - 09:00 am to 17:00

Saturday - 10:00 am to 17:00

Sunday - 11:00 am to 16:00



Staff
The business is run with a small, flexible team including part-time support and self-employed fitters, allowing for efficient day-to-day operations.



Financial Profile
We are advised that the business trades well and benefits from a strong customer base and consistent demand. Further financial information can be made available to genuinely interested parties upon request.



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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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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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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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