For Sale
Well Established Carpet & Bed Company For Sale
Stoke-on-Trent, Staffordshire
- Asking Price: £199,999 +SAV
-
Turnover:
We are advised the business generated a turnover of circa £380,000 as of 2019. Further financial information can be made available upon request.
Please quote reference B06236
- Tenure: Leasehold
Please quote reference B06236
Hilton Smythe is delighted to present to the market Masons Right Price Carpets & Beds, a very successful and renowned carpets/beds business.
The business has traded from this site for over 10 years and was later purchased by our client 4 years later who embarked on a complete transformation to enable him to attract a wider customer base.
Due to the success of the business, our client is now looking to sell to concentrate on his other business interests.
The store stocks a wide range of high-quality products including carpets, vinyl flooring and laminate flooring, beds and mattresses. They offer free delivery and carpet fitting service in Stoke-on-Trent, Crewe and Uttoxeter.
All products are sourced from the UK’s leading manufacturers, and they are proud to subscribe to the Office of Fair-Trading approved code.
Our client also stocks over 500 rollends with typical 3 x 4 M size always available.
Finance is also available.
As you can see from the business photos attached, our client has successfully refurbished all areas of the building to best show the large stock he carries. He also stocks a good choice of artificial grass which is proving very popular due to the additional time people are now spending in their gardens.
We are advised since the last Covid lockdown was lifted, the business is enjoying an 8% increase on its 2019 figures which will continue to grow.
Currently our client splits his time carrying out carpet measurement and in store sales.
Key business values -
- Good value for money
- Friendly and professional service
- Competitive prices
- A wide range of flooring
- Excellent customer service
- Electric forklift
- Charging station
- Dexion racking
- All displays and fittings as pictured
- Snooker table
- 63" TV
- PC and laptop
- Printers x3
- 64 plate Peugeot boxer van
- Pallet truck
- Carpet bogey
- Hoovers
Key selling points -
- ‘Turn-key’ business opportunity
- 7,500 square ft available
- Excellent business website
- Active Facebook page with 4,798 followers (rated 5 stars by Facebook followers)
- Active advertising campaigns (including competition videos on Facebook)
The business is ran and managed by 4 part time staff members.
The business trading hours are as followed:
Monday to Friday 09:00am - 17:00pm
Saturday - 10:00am - 17:00pm
Sunday - 11:00am - 16:00pm
Mason Right Price Carpets & Beds occupies a highly sought-after trading position along Victoria Road in Stoke-on-Trent.
Victoria Road is well known for its large array of home furnishings businesses including a good choice of flooring experts, furniture retailers, painting/decorating specialists and DIY stores.
We feel this is one the most sought afternoon locations on the road as it also faces a busy Aldi, McDonalds and Buzz Bingo.
Victoria Road is a very popular link road connecting nearby Fenton to Hanley and is accessed just off the busy A50.
This part of Stoke-on-Trent is very desirable due to its excellent road links and proximity to the local train station.
The business currently covers a approx. 30-mile radius from the store.
There is some free customer parking directly outside.
The premises consists of the following:
- Large double height showroom (for rollends, laminate and artificial grass display)
- Mezzanine level includes 2nd showroom (for carpet to order choices) and management office
- Snooker room
- Total size 7,500 square ft
Tenure
We are advised the business is being sold on a Leasehold basis with 2 year remaining on the original 5 year Lease, the rent is £2,500 per month.
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Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
