Wholesale Flooring Business in Berkshire For Sale

Prominent trading position, Industrial Estate, BERKSHIRE

Turnover £ 19,500
Price £195,000

Features

Wholesale Flooring and Tile Retailer

6 DAYS OPENING

INDUSTRIAL UNIT in the region of 2,740 ft². Roller shutter door for delivery. Double doors with shutter, laminated strip floor, ceiling hanging fluorescent lighting and flood lights. Sales desk with computer, printer and scanner.

Extensive Display area with strong flooring brands i.e. Woodpecker & Ted Todd.

Toilet with w.c. and wash hand basin

Small Kitchen

Mezzanine level in the region of 380 ft² providing additional display area..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £19,500 p.w. with a gross profit of 27.5% approx.

The 31st March 2025 Management report shows sales of £905,423 with a gross profit of £273,516 and a net profit of £89,761

Staff

The business is at present operated by the vendor, part time, with 2 full time staff employed.

Trading Hours

6 Day week
MONDAY - SATURDAY 9 a.m - 5 p.m

It will be appreciated upon inspection that there is terrific potential for additional opening hours.

Outside

Allocated parking space for 6 cars.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2019 with reviews every 5 years (next review 2029) at a current rent of £43,000 p.a. plus VAT. In addition we understand there is a Service charge of £4,325 p.a. plus VAT approx.

Business Rates from April 2022 £5,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £195,000 plus STOCK AT VALUATION (£5,000 approx). (Most stock is delivered direct to customers)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 97,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote