Furnishing & Int Design Business in Merseyside, £1M Turnover, £123K Profit, Secure Lease
Undisclosed, Merseyside
- Status
FOR SALE
- Date Submitted:
10/03/23
- Advert ID
509716
- Reference
588813 / Rightbiz
- Call Agent:
- Leasehold: £300,000
- Turnover: £1,000,000 (£19,231 Per week)
- Net Profit: Not Applicable
Business Details
Furnishing & Int Design For Sale in Merseyside
CARPETS AND FLOORING BUSINESS in Merseyside for Sale.An exciting opportunity to acquire this carpets and flooring retailer which was established by our client in 1989 and has now been brought to market pending retirement. The vast majority of work is carried out in the North West with a large order book in place. Turnover to April 2023 is forecast to be in the region of £1 million, working on excellent profit margins, showing net profits adjusted to £123,250 prior to depreciation, hire purchase and directors renumeration on accounts to 30/4/2022. The business is operated by our client and a team of self-employed fitters - ideal to complement an existing operation. The premises are held on a secure lease with sensible rent, occupying a prime position in a business park close to the motorway network. Comprising single storey showroom premises with quality displays, office, kitchenette and WC. Store room to the rear with vehicle access delivery bay. Three company vans. Externally, shipping container providing additional storage. Car park.
Stock £30,000 to £50,000.
EPC Band B.
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Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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