Established Commercial & Residential Flooring Business For Sale in Derbyshire
Undisclosed, Derbyshire
- Status
FOR SALE
- Date Submitted:
19/02/24
- Advert ID
606961
- Reference
ID3034 / Rightbiz
- Call Agent:
- Freehold: £720,000 (Stock at valuation)
- Turnover: £204,255 (£3,928 Per week)
- Net Profit: On request
Key Features
- Unique Business
- Offers Invited
- Retirement Sale
- Prime Location
- Accounts Available
- Established Business
Business Details
Freehold Commercial and Residential Flooring Business For Sale Derbyshire
Established since 1979, this reputable flooring business presents a rare opportunity for acquisition. With a rich history of serving both residential clients and prestigious organisation’s including Derbyshire County Council, and the National Trust. This business has built a solid reputation in the industry.
Specialising in supplying and fitting carpets, carpet tiles, vinyls, safety flooring, and bespoke Karndean tile/plank flooring, the business offers a diverse selection from trusted brands such as Burmatex, Forbo, Gradus, JHS, and Polyflor.
Situated in an affluent village in Derbyshire, the freehold property boasts stunning architecture and is meticulously maintained. It enjoys excellent transport links, enhancing accessibility for both clients and suppliers.
Originally constructed and owned by the Co-operative Group (270.4 m2), the building presents an opportunity for versatile use. Subject to planning permissions, it could be easily converted into alternative commercial or residential purposes, offering potential for further development.
The latest set of accounts for the year ended 31st March 2023 demonstrates a robust financial performance, with an annual turnover of £204,255 and a gross profit of £92,544. The business has an EBITDA of approximately £30,000, reflecting its profitability and stability.
This is a genuine retirement sale, presenting an ideal opportunity for a new owner to take over and continue the legacy of this successful business. The current owner is willing to offer a handover period to ensure a smooth transition and transfer of expertise.
This is a unique chance to acquire a well-established flooring business with a loyal customer base and solid financial performance. Whether you’re an experienced industry professional looking to expand your portfolio or an entrepreneur seeking a lucrative investment opportunity, don’t miss out on this offering.
For further details or to arrange a viewing, please contact Sovereign. Serious inquiries only.
- Location: Derbyshire
- Established: Since 1979
- Annual Turnover (2023): £204,255
- Gross Profit (2023): £92,544
- EBITDA: Circa £30,000
- Freehold Property: Originally built by the Co-operative Group
Contact Agent
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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