Business Overview:
This is a small independent family run carpet and flooring retail business which was founded back in 1987 by the vendor. The showroom is located in a busy retail park in Durham with a huge amount of daily passing footfall. They also deal with a number of reputable insurance companies dealing with claims for the Co. Durham area. Customers are able to choose well known brands of carpets and flooring from a huge number of sample books. The business always has remnants in stock and also keeps a good stock of underlay. They are very competitive and are rarely beaten on price. This is a well established business which benefits from its location, its name and reputation. This would be an ideal acquisition for an individual who is looking to go into business for the first time or as a bolt on showroom for a company to gain extra sales from this busy shop.
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:
The retail shop measures circa 1,000 square feet with a showroom, storage room at the rear and a small office. There is ample parking at the front of the shop and a main car park at the rear of the building. The lease runs until June 2011 and the rent is circa £7,000 per annum with rates of circa £3,389 per annum.
Market Competition and Expansion:
N.A.
Reason for Selling:
retirement age and wants to take life easier
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.
Resources: