Established Flooring and Service Specialist in Nottinghamshire

Kirkby-In-Ashfield, Nottingham
REF: S06120

Asking Price:
£195,000
Annual Turnover:
£329,567
Annual Net Profit:
£56,318
REF: S06120

Overview

Tenure:
Leasehold
Established:
1990
  • High financial figures
  • Large range of flooring products
  • Contracts in place with nationally recognised companies
  • Excellent relations with key suppliers
  • Outstanding reputation within the industry

An exciting opportunity to take on a reputable flooring and service specialist in Nottinghamshire now presents itself to the open market.

For over two decades the business has been providing high quality flooring at very reasonable prices, resulting in a large and loyal customer base consisting of both domestic and commercial clients. Its vast selection includes everyday carpets, vinyl, laminate and wooden flooring as well as luxury vinyl tile flooring. The business also handles flooring installation, ensuring the whole process is as stress-free as possible.

As well as retailing an array of floor products, the business also acts as a reputable subcontractor for various national flooring and insurance companies. Its clientele base is wide-ranging and consists of local residents, commercial and nationally recognised companies such as Renew, Home Comforts, Hillarys Flooring Ltd and various others.

Any new owner of this lucrative venture would be fortunate enough to acquire strong financial figures and an extensive list of clients and suppliers to continue trading successfully.

Its sizeable, multi-fronted showroom encompasses three units with a combined area of 4000 sq ft and is spacious enough to house all the business’s stock. Renovated to a very high standard, there are three well-organised aisles which display various flooring solutions. A small office utilised for administrative duties is located to the front of the unit next to a customer counter and toilets. Two large storage rooms lie beyond the showroom which hold all stock. Externally, there is a large car park to the side used for delivery drivers and customer parking.

All racking and stands, such as 5 8x4m roll stock stands, are included in the sale of the business alongside three sign-written vans.

Its strong online presence is evident from its professional website which outlines its products and relevant contact details for further information. Its Facebook page also possesses over 150 followers, with excellent reviews both here and on Checkatrade.

The business would make an ideal bolt-on acquisition for either a direct competitor or individual in the industry. A new owner could also look to grow the business further in a number of ways.

Increasing advertising through other social media platforms would help to widen the company’s clientele base and attract more business. Expanding its area of operation would have a similar effect, as would proactively seeking more commercial clients and contracts.

As the current owner is willing to stay on for a transitional period for as long as required, the new owner would be given a full handover of business operations.

Loading...
  • Residential area
  • Easily accessible
  • Minimal competition
  • Wide area of operation
  • Good motorway links
Rent
£25,920
Rates
£0
Lease Term
TBC
Lease Expiry
3 units, approximately 12 months left on the leases, landlord happy to renew.
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

Refine

Miles
£
£
£
£
Timed popup