Flooring Company in Dorset Available for Sale
Undisclosed, Dorset
- Status
FOR SALE
- Advert ID
653008
- Reference
SEBB 100943 / Rightbiz
- Call Agent:
- Leasehold: £190,000 (Stock at valuation)
- Turnover: £400,000 (£7,692 per week)
- Profit: £90,000 (23% Profit margin)
Business Details
Well Established Excellently Situated Profitable Dorset Flooring Company For Sale
Here is an excellent extremely profitable, well established and highly reputable flooring company based in Dorset although the area covered could be expanded quite easily.
The company has built a strong local presence over a number of years supported by a loyal and repeat customer base. The company is showing similar year on year turnover. The seller’s discretionary earnings figure for last year was over £90,000.
The company currently operates from well positioned leased premises. The lease is held in the company’s name and currently runs until 2030. The lease can be renewed, subject to landlord’s approval.
The company has diversified into a number of different products which align extremely well with the core business, backed up by an established e-commerce website.
The company consists of highly skilled fitters and an extremely efficient and loyal admin staff.
The company specialises in carpets and vinyl from a number of well-known manufacturers.
The business would make an excellent bolt on to an existing flooring supply company, as well as a stand-alone business for a carpet or flooring fitter looking to branch out on their own.
The reason for the sale is due to the relocation of the owner. There will be a reasonable handover period.
The basis of the sale is on a cash free/debt free basis with stock at valuation.
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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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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.
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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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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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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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