Furniture Store for Sale in Grimsby Lincolnshire with Loyal Customer Base
Grimsby, Lincolnshire
- Status
FOR SALE
- Advert ID
651769
- Reference
591617 / Rightbiz
- Call Agent:
- Leasehold: £35,000
- Turnover: £208,000 (£4,000 per week)
- Profit: Not Applicable
Business Details
Retail For Sale in Grimsby
FURNITURE STORE in Grimsby for Sale.Superb furniture store located on a busy road through Grimsby, offering a rare opportunity to acquire a well-regarded independent furniture retailer with a strong local reputation and proven trading history. Positioned near major national operators, the business benefits from excellent visibility, easy access and free parking, attracting customers from across Grimsby and North East Lincolnshire.
Trading successfully since 2010, the business specialises in stylish, affordable furniture for living, dining, bedroom and conservatory spaces, alongside bespoke made-to-order items. Its reputation has been built on quality products, competitive pricing and a relaxed, customer-focused approach, generating strong repeat business and excellent reviews.
The premises comprise a spacious ground-floor showroom, a dedicated bedroom display area, and a rear dispatch and delivery bay with storage, staff kitchenette and WC facilities. The layout supports both an attractive retail environment and efficient day-to-day operations.
The business operates from a lease running from 2024, with a new lease available to an incoming purchaser, subject to status. Opening hours are Monday to Saturday, 9.30am to 5pm. Staffing consists of one full-time manager supported by self-employed delivery contractors, creating a lean and cost-effective operating model.
Financial performance is strong, with average weekly sales of approximately £4,000 and a gross profit margin of around 42%. The business also benefits from long-established commercial relationships that generate valuable repeat and referral business.
Further growth potential exists through the development of online sales and digital marketing, areas that have not yet been fully explored. With growing demand for furniture e-commerce, this presents a clear opportunity to increase revenue and profitability.
Overall, the store represents an excellent opportunity to acquire a profitable, established furniture retailer with a loyal customer base, strong margins and significant scope for future growth. EPC Band C
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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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