LONG ESTABLISHED CARPET & FLOORING BUSINESS, North East Scotland

LONG-ESTABLISHED CARPET & FLOORING BUSINESS

North East Scotland

Freehold Retail Premises | Leasehold Storage | Vehicles | Established Customer Base

An excellent opportunity has arisen to acquire a long-established carpet and flooring business serving the North East of Scotland. The business has built an excellent reputation for providing a high-quality, personal service, with limited direct local competition.

The business is being offered for sale only due to the retirement of the owner, providing an incoming purchaser with the opportunity to acquire an established and profitable trading operation with significant potential for further development.

The Business

The company specialises in the supply and fitting of quality floor coverings, with current sales approximately divided as follows:

• 70% Carpet
• 30% Vinyl and Laminate Flooring

The business benefits from an established local customer base, strong reputation and recurring demand for its products and fitting services.

The operation is supported by:

• Two experienced fitters undertaking carpet and lino/vinyl installations.
• One part-time self-employed joiner carrying out laminate flooring installations.
• Three company vehicles, comprising a car, pickup and van.
• Well-established supplier relationships and an extensive range of flooring products.

Financial Profile

The business currently generates a net annual turnover of approximately £350,000.

The company enjoys good gross profit and net profit margins, reflecting its established market position, quality service and efficient operating structure.

Detailed financial information will be made available to seriously interested parties following an initial confidential approach and subject to appropriate confidentiality arrangements.

Premises

The sale includes a well-fitted freehold retail showroom of approximately 72 m², providing an attractive customer-facing environment for displaying carpets, vinyl, laminate and associated flooring products.

In addition, the business benefits from a separate leasehold storage unit of approximately 60 m², providing useful additional storage capacity for stock and materials.

The combination of dedicated retail premises and separate storage gives the business a practical operating base while keeping the showroom well presented for customers.

Stock

Stock is available in addition to the purchase price and will be valued at cost at completion.

Normal stockholding is approximately £40,000 at cost, although the actual value will be determined at the time of sale.

The Opportunity

This represents an attractive acquisition for an owner-manager seeking an established flooring business, with the benefit of an existing customer base, trained fitting personnel, vehicles and freehold premises.

The business may also provide an opportunity for an existing carpet or flooring operator to expand into the North East of Scotland, providing an established local presence from which to develop additional sales and market share.

Further growth could potentially be achieved through increased marketing, development of the commercial customer base, expansion of product ranges and/or leveraging the resources of an existing flooring operation.

Sale Terms

Offers sought: £350,000

 The asking price includes:

• The trading business
• Freehold retail premises
• Three company vehicles
• Goodwill and established trading reputation
• Fixtures, fittings and equipment

Stock is additional and will be valued at cost, with the normal stockholding being approximately £40,000.

The separate storage unit is held on a leasehold basis, with the lease and associated terms to be discussed with interested parties.

Reason for Sale

The business is offered for sale solely due to the owner's retirement following many years of successful trading.

STRICTLY CONFIDENTIAL

The sale is being conducted on a strictly confidential basis. Interested parties will be required to make initial enquiries through The Business Sales Agency and may be asked to sign a confidentiality agreement prior to the release of detailed financial and trading information.