Carpet business for sale in Stokesley, Carpet Crafts, owned by a couple retiring.
Stokesley, North Yorkshire
- Status
FOR SALE
- Advert ID
655853
- Reference
226946378 / Rightbiz
- Call Agent:
- Leasehold: £70,000
- Rent: £18,500 (£1,542 per month)
- Turnover: £400,000 (£7,692 per week)
- Profit: On request
Business Details
Long Established Carpet Business For Sale, Stokesley
Carpet Crafts Of Stokesley - 9 Three Tuns Wynd, Stokesley, United Kingdom, TS9 5DQ
Parker Barras are delighted to offer this long established Carpet retailer for sale which has remained in the same ownership for over 22 years. Now available due to a retirement sale.
Carpet Crafts which is ran as a Husband and Wife business with no staff - suitable for the same setup for a new buyer.
The business shows steady profits year on year with a turnover above £400k per annum - Full financials are available upon signing of an NDA.
Huge scope to further increase turnover and profit by increasing operating hours - currently the business is only open 4 days a week as follows.
Monday – 9.30am – 3pm
Tuesday – 9.30am – 3pm
Wednesday – Closed
Thursday – 9.30am – 3pm
Friday – 9.30am – 2pm
Saturday – Closed
Sunday – Closed
Further scope to increase sales by pushing the socials and implementing website sales
Operating out of a rented premises at £13,000 per annum - the business also had a local storage shed held on a separate lease for £5,500 per annum
Overall an excellent business opportunity to take over a already profitable business with huge scope to increase sales.
For Sale - £70,000
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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.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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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