Furniture Restorer And Retailer In Gloucestershire For Sale

WELL EQUIPPED FURNITURE RESTORER/ RETAILER – GLOUCESTERSHIRE

Situated in the desirable town of Thornbury

Well presented and maintained throughout

High amount of regular and repeat trade

Scope to further develop the business

Advised annual turnover of £145,000

Ideal for a first time buyer

Genuine reason for sale

Walk in condition

LEASEHOLD

Business History

Meridian Business Sales are delighted to offer to the market this superb furniture restorer/ retailer which was established by our client in 2014. The only reason this excellent business is being offered to the market is due to our clients desire to concentrate on other business interests.

Since the business was established our client has invested time and money into the business and premises to the point where it is in full walk in condition.

Our client informs us that annual turnover currently runs at £145,000 which is derived from offering a welcoming, friendly customer service alongside tremendous services such as furniture restoring and repairs.

Our client has continually developed and improved the business introducing new lines and income streams which have enhanced the business massively and in particular shows in the year on year increase in turnover and profitability.

The business has been run at a pace to suit our clients lifestyle, meaning that there is scope for a future purchaser to further develop the business and to increase the turnover by introducing advertising such as a website, Facebook etc. The first floor of the premises could also be used as a further showroom.

The business is very well presented throughout and is being sold with all fixtures and fittings included in the sale price which is a huge plus for a new owner as additional funds will not need to be spent on modernising for many years.

Our client is happy to provide full training and ongoing support after completion if it is required.

This is a fantastic opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this exceptional business is not to be missed.

Location

This brilliant furniture restorer/ retailer is situated on a main road in the market town of Thornbury, Gloucestershire. The business is surrounded by complimentary shops, residential properties, travelling facilities and much more deriving much of the businesses trade. Thornbury has a high street, a shopping centre, two supermarkets and many smaller shops which all benefit the business. The B4061 loops off the A38 at Alveston, passes through the centre of the town, and rejoins the A38 at Whitfield, thus forming the main routes into the town from the north and south.

Financial Profile

Turnover: £145,000pa

Stock approximately: £10,000

Tenure

We are advised Leasehold

Rent: £17,500pa

Current lease for 5 years (rolling lease)

Opening Hours

Monday: 9:00am – 5:00pm

Tuesday: 9:00am – 5:00pm

Wednesday: 9:00am – 5:00pm

Thursday: 9:00am – 5:00pm

Friday: 9:00am – 5:00pm

Saturday: 9:00am – 5:00pm

Sunday: CLOSED

Accommodation

Well maintained property briefly comprising:

GROUND FLOOR

Showroom

Workshop area

FIRST FLOOR

Storage area

W.C

EXTERNAL

Loading bay to the rear