 | Fitted Furniture Business With Substantial Price Reduction For Sale Nottingham, Nottinghamshire, United Kingdom Advert ref: N535 FINANCIAL DETAILS | Asking price: £99,000 Sales revenue: £500,000 Net profit: £70,000 Fixtures value: £100,000 Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is delighted to offer an opportunity to purchase a business, which is not only extremely well established but which is highly profitable, enjoys an outstanding reputation and benefits from having the exclusive rights for Nottinghamshire for various leading brands.
In addition to these features the business has been set up to be run very simply, keeping administration to a minimum.
This business will appeal not only to those already operating in this sector but also to individuals or couples with experience in sales and/or administration, as every assistance or training will be given where required. The vendors have indicated their willingness to remain with the business for an agreed period to ensure a smooth and profitable transition.
The business has been priced to recognise the current economic downturn and offers a buyer a good investment for the future
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GENERAL INFORMATION | Years established: 25
Employees: The vendors, a man and wife partnership, each only working part-time, undertake sales and administration, with the help of one part-time Saturday lady.
Trading hours: Monday – Saturday 9.30 am – 5.00 pm
Property: Leasehold
Lease terms
Rent: £14,800 per annum
The current 25-year lease commenced in March 1989.
Location
The showroom is ideally situated in the centre of a popular Nottingham suburb, facing a supermarket, which in itself generates a good share of the sales. It also benefits from having it’s own parking for 3-4 cars and the adjacent supermarket car park.
Support & training
The vendors are happy to work with the purchaser for an agreed period to provide full trainigng and a smooth handover.
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The Business Partnership - Derbyshire, Nottinghamshire, Sth Staffs, NW Leics | | | |
