Business for Sale Overview:
The current business was originally established in St. Johns Wood in 1982. Building a great reputation from the outset, the family business supplied and fitted carpets and flooring to both Retail and Commercial clients. Always buying in the best quality products, the business competed at the top end of the market from the outset. The current owner was an apprentice fitter with the company initially, and has spent his working life in the company, taking real pride in his work. In recent years he has nurtured and developed the business with his family. In 1987, they moved the operations to St. Albans, and opened a further outlet in Berkhamsted. After years of successful operation, the business relocated all its operation centrally to the current site in Hemel Hempstead, on a new retail park, where they can hold stock, assets, and have a showroom.
This thriving business has provided excellent service to customers for more than 20 years. Customers can choose from stock that includes hundreds of quality, top of the range carpets and rugs supplied by leading manufacturers that are all displayed in the premier showroom, along with samples of vinyl flooring, under-lays and wooden and laminate flooring, giving customers fantastic wall-to-wall choice.
Customers appreciate the exceptionally friendly, professional service and advice they receive. The business realises that quality and choice counts, it has gained an excellent reputation, trading from its newly built, well-established, attractive and professionally fitted premises.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Leasehold 10 years remaining, and fully renewable
Rent £12,600 per annum
Rates £5000 per annum
The premises includes circa 1000 sq ft of warehouse space, with a new mezzanine floor installed to the highest regulations there is also circa 1000 sq ft of showroom, office and staff facility space on the first floor.
Market Competition and Expansion:
The business has used limited advertising in the past and an immense opportunity exists to build on this businesses reputation and implement further and more assertive methods of advertising to expose the business to even greater markets. The company has in the past had a direct e-mail and fax campaign alongside special offers for the local sector. This could be developed further with every homeowner targeted as a prospective customer; various methods could be used in this regard including the local press, a direst sales force, trade exhibitions, leaflets, brochures and direct mail.
A large percentage of new clients derive from recommendations, the business regards existing clients as their best advertisers and has maintained an impressive base of satisfied repeat accounts and clientele, while continuing to attract both new referrals and customers.
Reason for Selling:
he enjoys the fruits of many years hard work in hi
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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