Carpet and Flooring Business In Prime Trading Location
- Asking Price: £399,950 +SAV
- Turnover: The business has reported a turnover in the region of £368,768 PA with GP at £216,340 and adjusted net profit at £124,920 as of 2016/17 accounts.
- Tenure: Business Only
Hilton Smythe are delighted to bring to the market a fantastic opportunity to purchase a well-established, long standing, turn key business that supplies: • Top quality carpets• Curtains• Blinds• Other high-end flooring solutions• Carpet cleaning services• Renowned installation / fitting serviceCarpet Sun Ltd has been under the careful and meticulous ownership of our client since 1993 and have grown the business year on year to an impressive level with turnover and profit levels growing steadily. It is only now that the business has been placed on the open market as it’s our clients desire to take well-earned retirement after many successful years of trading and they would like to see the business pass to someone who would continue to build the business and ensure its continued success.This popular “turn key” business is renowned quality products resulting in clients all over Scotland and only uses the best in the business and supplies the following brands:• Penthouse carpets• Brintons• Westex• Adams• Amtico• Karndean • Forbo• Richard barry• Hallis hudson• Eclipse• Dr-schutzThis is backed up with exceptional customer service in terms of quotation, either in store, over the phone or by home visit, through to fitting where they move all furniture for clients, remove & dispose of old carpets etc & fit all products to an exceedingly high standard. The business further benefits from a modern user-friendly website and are proud to be members of the Fife Trusted Traders scheme.All this has led to an enviable reputation with many loyal repeat customers within the local area. There is scope to increase turnover with additional opening hours of the retail side of the business and expanding some of the retail lines currently stocked along with the possible undertaking of a robust marketing campaign to highlight the products and services available.The business trades on its reputation for quality and service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry. Very rarely do businesses of this calibre come to the open market therefore, early viewing must come highly recommended to avoid disappointment
The business is currently run by a husband & wife team, with fitters working on a self-employed basis.
Monday: ClosedTuesday – Friday: 10.00 am – 5.00 pmSaturday: 10.00 am – 2.00 pm Sunday: Closed
Carpet Sun Ltd is located in the picturesque fishing town of Anstruther and occupies one of the town’s most prominent trading locations. The town itself lies nine miles south east of St Andrews on the coast. With a population of 3,500, it is the largest community on the Firth of Forths north-shore coastline known as the East Neuk. Its main industry is tourism, fishing and farming.Recreationally there is a harbour, golf course and the Fife costal path for walking and running as well as excellent B roads for cycling and tracks for mountain biking. Education is provided by the local primary school and Waid Academy which is one of the top performing secondary schools in Fife. The local area further benefits from good public transport and commuter links to St Andrews, Dundee, Kirkcaldy & Dunfermline
The business occupies a substantial, double fronted ground floor retail premises extending to 69.11 m2 and benefits from being situated in an outstanding trading location. The bright and welcoming showroom is very well laid out to maximise the space, with attractive wall mounted & floor standing displays cleverly positioned allowing customers to have plenty of space to browse.There is a well laid out sales / reception area within the showroom, fitted with modern furniture and equipment.Staff toilet facilities and further storage The premises have been maintained regardless of cost and can be found in excellent all-round condition.A detailed inventory will be provided by the current owner The business is very well signed and easily visible
We are advised that tenure is offered on a Freehold basis