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Established Carpet Fitting Business - Preston For Sale

Preston, Lancashire
Asking Price:
£149,950 Furniture / Fixtures included
Sales Revenue:
£340,232
Cash Flow:
Available on request

Established in 1999
Accounts Available Year End 31st March 2019
Annual Turnover £340,232
Gross Profit £187,286
Accounts Available After Viewing
Sale Includes 3 Commercial Vehicles
Strong Corporate (50% repeat) and Private Customer Base
Supplying Vinyl/Wet Rooms/Safety Flooring
Main Road Trading Position
New Lease To Be Negotiated
Ill Health Forces Sale
EPC – G

REF 6770 – Leasehold Carpet Fitting Business

Blacks Brokers are pleased to bring to the market this leasehold carpet fitting business located in a popular and busy area of Preston, Lancashire.

INTRODUCTION

S Williams Carpets has been trading from Forton Woodturning Business Park since 1999. Our client established the business here due to the prominent trading position and high levels of local custom. The business is very well known and has a superb reputation in the area with a large base of regular customers. The business offers a good range of flooring solutions and has some corporate customers from the local area – this includes care homes.

LOCATION

The business is positioned on a busy main road. The area is well linked by the M6 with excellent public transport links and free parking is available immediately outside the building. There are a number of busy caravan parks in the local area as well as tea rooms and restaurants which could provide yet more custom with some direct marketing.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but sadly due to illness in our clients family, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The lease is a rolling agreement running at a cost of only £200 per week. We are advised a new lease is fully negotiable.

STAFF

The business is currently operating with one part time and four full time members of staff in employment supporting our client who has an office based roll pricing up jobs etc.

FINANCIAL DETAILS

S Williams Carpets has traded solidly for twenty years. Accounts for year ending 31st March 2019 show annual turnover of £340,232 with gross profit of £187,286. Full financial details are available after viewing.

BUSINESS RATES

The business rates are currently included in the lease.

SUMMARY

This leasehold business occupies a superb trading position on a busy main road. Our client has secured a strong base of repeat customers and an enviable reputation. There is plenty of scope to develop the business further with some local direct marketing and possibly an expansion of the product range. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

MON - FRI: 09:00 - 17:00
SAT & SUN: 10:00 - 16:00

Contact Information

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