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9018DN WINDOW FURNISHING L/H £32,750+SAV
Asking Price:
GBP 32750
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Business Location:
United Kingdom » Lincolnshire » SCUNTHORPE
Category:
Retail
»
Home Furniture & Garden
Description:
Advent Business Sales are delighted to offer to the open market this home furnishings business, which was established by the current vendor 38 years ago. In this time our client has built up an enviable reputation.
The business is now reluctantly offered for sale due to the vendor’s immediate plans to retire.
Our client specialises in window furnishings, which include:
• Curtain tracks
• Curtain poles
• Fittings and trimmings
• Finials
• Net curtain rods
• Ready made and bespoke roller, Venetian, vertical and wood blinds.
Our client has amassed a formidable reputation offering product and service, which is second to none.
Our client offers an extensive range in selection of product, stocking major brand names including Swish, Integra, Speedy just to name a few.
The premises itself is an attractive retail show area, fully equipped with relevant fixtures and fittings.
The vendor has concentrated solely on these products, as there is virtually no competition within the local area.
Advertising is channelled through local leisure centres, which attracts further customers.
REF: 9018DN
STAFF DETAILS
The business is staffed by the vendor on a full time basis; in addition, there is a part time employee who covers key trading days.
TRADING HOURS
Mon - Sat: 9.00am – 4.00pm
BUSINESS PREMISES
Ground floor lock up premises in Scunthorpe town centre and consisting of:
Ground Floor
• Single entrance into main sales area
• Wall to wall fixtures and fittings with central aisle
• Till area to rear
• Small stock holding area
TENURE: Council rolling lease
Original lease: 3 years
Remaining lease: 3 years
Review every: 3 years
Rent: £456.67 per month
We are advised that the annual business rates are currently: £1,040
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Financial Information:
Annual gross sales: (GBP)
N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
40000
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:
Business Area:
Our client is ideally located in a pedestrianised precinct in Scunthorpe town centre. The immediate area surrounding has many complementary businesses including a large indoor market and department store, which are situated next to and opposite our clients business.
Year Established:
1970
Is Relocatable?:
No
Business closed or an asset sale
:
No
Is Home based business?:
No
Real estate status
:
No
Market competition and expansion:
Further scope to increase sales could include: 1. Offering a home measuring service 2. Increase stock width and assortment 3. Advertise more frequently and possibly introduce internet sales
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