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Long Established Profitable Furniture Retail in West Midlands

West Midlands

Advert ref: 1752TRB

The Business Partnership are proud to be marketing for sale this independent, long established and highly profitable Furniture Store located in a West Midlands City.

The business has supplied mid-market furniture, beds, mattresses, carpets, upholstery and other home furnishings from this location for more than 30 years.

The brand has been carefully positioned to appeal to a wide customer base throughout the region. 

The business has introduced an e-commerce capability to the business with an online store now generating circa 10% of the sales per annum and has 3 contract cleints.

Current turn-over level is £530k (ex-VAT) per annum providing an adjusted net profit for our client of circa £60k per annum, working on a part-time basis.

The 7500sf premises are held on attractive lease terms at a current rent payable of only £32,500pa.

For further information, please click through or contact The Business Partnership Birmingham and Warwickshire office directly.

Key features:

  • Fabulous Independent Furniture Store
  • 30 Years Successful Trading History
  • Enviable Reputation Throughout the Region
  • 7500sf Retail Premises, Great Location
  • Turn-Over £530k (ex-VAT) and ANP £60k
  • Excellent Team of Professional Staff
  • Retirement Sale!!

Property Details: Leasehold
Asking Price: £120,000 + Net Assets (Leasehold)
Turnover: £533,000 Annual
Reason For Selling:

Our clients have decided that retirement is looming and are reluctantly offering the business for sale in order to facilitate their plans.

Long Established Profitable Furniture Retail in West Midlands West Midlands

Financial Details

  • Leasehold: £120,000 + Net Assets
  • Turnover: £533,000 Annual
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