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Confidential Sale (Address Information Withheld) - Cheshire - North West

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Property Details
Agent Ref No: C1081
Category: Business for Sale
Business Type: Furniture & Wood
Offer Type: Offers in the region of
Price: £35,000.00
Rent: £15,178.00 per annum
Yield: £192000
Further Property Details
Date Listed: 2008-11-21
Size: 3250 sq. ft
Tenure: Leasehold
Min Rental Size: Not Applicable
Property Status: Business Currently Trading
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Description

BED RETAILER, South Cheshire Long est in a well known complex of shops. Offering leading manufacturers on an exclusive basis. Good press & radio exposure. Open 6 days. T/o £192k, g/p £76k. Price £35,000 for goodwill & assets. L/hold. Ref C1081

The Business Partnership is pleased to present this family run Bed Retailers for sale.

With an excellent local reputation, the business has been established for over 12 years selling beds and associated furniture. They offer for sale products from leading manufacturers such as Sealy, Harrison and Silent Night, on an exclusive basis.

The excellent reputation built by this business means they are now serving second and third generation customers from within the same families.

Situated within a well known local complex of shops, the showroom occupies approx 2,800 sq ft with a storeroom and office occupying a further 550 sq ft approx. A new 3 year lease is under negotiation and currently stands at £15,178 pa.a with rates of £4,000 p.a.

Turnover £192,000 p.a. Gross Profit £76,000 Fixed Asset Value £8,000

The business operates with the owner, 1 full time and 1 part time member of staff. A delivery driver is employed on a casual basis.

This retirement sale is offered for the goodwill and assets of the business. Stock at valuation is in addition to this. The sale price does, however, include all fixtures and fittings and the delivery van.

Please ask for more details.

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