Flooring Retailer and Installer for Sale in Merseyside with Freehold Premises
Undisclosed, Merseyside
- Status
FOR SALE
- Advert ID
653420
- Reference
B09613 / Rightbiz
- Call Agent:
- Freehold: £399,995
- Turnover: £727,306 (£13,987 per week)
- Profit: £31,208 (5% Profit margin)
Business Details
Established Flooring Retailer & Installer – North West England
BusinessPlease quote reference B09613
CoGoGo presents a rare opportunity to acquire a long-established flooring retailer and installer with over 40 years of successful trading.
The business has built an outstanding reputation throughout the North West, serving both domestic and commercial customers with the supply and installation of carpets, vinyl and laminate flooring. The sale includes the freehold premises, providing purchasers with both a profitable business and a valuable property asset.
Established for over four decades, this family-run business has earned an enviable reputation for quality products, professional service and reliable installation. Specialising in carpets, vinyl and laminate flooring, the business caters to both residential and commercial clients, utilising an experienced network of subcontracted installers.
Around 60–70% of turnover is generated through repeat business and customer referrals, demonstrating exceptional customer loyalty. No individual customer accounts for more than 5% of turnover, providing excellent income diversification.
There is considerable scope for growth through the introduction of a modern website, social media marketing and digital advertising, as the business has historically relied on its reputation rather than paid marketing. The reason for the sale is retirement.
Location
Occupying a prominent town centre position in North West England, the business is ideally placed to benefit from a significant publicly funded town regeneration programme due for completion in 2027. The location has supported the business for decades and continues to attract a loyal and established customer base.
Premises
The business operates from substantial freehold trading premises, which are included within the sale. The property forms an integral part of the offering, presenting buyers with the security of property ownership alongside a well-established trading business.
Tenure
Freehold – Included in the sale.
Hours
Business hours are available upon request.
Staff
The business is currently operated with the support of four family members, all of whom intend to retire upon completion of the sale. Buyers should therefore plan for replacement staffing following acquisition.
Financial Profile
We are advised that the business generates an annual turnover of approximately £727,000, with a gross profit of around £174,000 (23.9% gross margin) and Seller's Discretionary Earnings of approximately £106,000 before owner replacement costs.
We are further advised that the business has no external debt, including no loans, hire purchase agreements or borrowings, with net assets of approximately £94,000.
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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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