Business for Sale in Solihull, West Midlands - HOME DÉCOR AND SOFT FURNISHINGS IN SOLIHULL - Leasehold: £130,000

Key Information

Ref
M33481K
Type
Retail Businesses: Curtain and Blinds Retailers
Location
England: West Midlands
Tenure
Leasehold
Status
For Sale
Annual Sales
£236,190 Ex Vat
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Desirable Upmarket Trading Location

Established 1991

Family Operated Business

c. 800 Square Foot Sales Area

Leasehold Price £130,000

Description and Trade:

Situated in a well supported parade of shops on a busy road in an upmarket private residential area. The parade has the benefit of a service road to the front with customer parking.

The business sells a range of fabrics, wallpapers, paints, giftware etc. It also supplies curtains and pelmets to order, supplies blinds, headboards, chaise longues etc, and offers a reupholstery service.

Premises:

The spacious Sales Area/Showroom (11.8m x 6.2m) has a suspended ceiling with concealed lighting, carpeted flooring, various display units, serveover counter, cash register etc.

Leading to a Kitchen and Stock Room with w.c. facilities off. To a spacious Workshop/Office (6.4m x 6.1m), with further w.c. facilities off.

Outside a driveway leads to a rear access to the business. There is a double Garage.

Accommodation:

There is no living accommodation.

Comments:

A very well established family business that has built up a loyal customer base, and operates from a very desirable trading location. There is scope to expand on the range and services currently offered.

Our Client Informs Us That:

Takings and Profitability:

Accounts show sales of £236,190 (ex VAT) with a healthy gross profit of £98,299 (41.6%)

Trading Hours:

9.00am – 5.30pm Monday to Friday

9.30am – 4.00pm Saturday

Closed Sunday

Staff:

The business is family operated.

Tenure:

Leasehold. The current rent is £17,500 per annum.

Price:

£130,000 plus stock at valuation for the lease, business fixtures and fittings.

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