Business for Sale in Stoke-on-Trent, Staffordshire Established Bed and Mattress Retailer for Sale in Stoke on Trent

Key Information

Reference

M35275V

Tenure

Leasehold

Status

For Sale

Region

Staffordshire

Sector

Furniture Shops

Annual Sales

£115,000.00 Exc. VAT

Rent Payable

£1,029.66 per quarter

Business Rates

NIL (Small Business Rates Relief)

Accommodation

No

Business Information

For sale is a well established business serving the people of Stoke on Trent for over 30 years. The business specialises in selling divans, beds, and mattresses, both in-store and online, with an excellent reputation for customer service. The business operates from a commercial lockup unit located in a prominent position on City Road, Fenton, with ample parking nearby and on-street parking around the area for customers.

The premises include a ground-floor showroom and first-floor storage, offering ample storage space. The shop has a prominent fascia and benefits from CCTV and full alarm systems to ensure the safety of the premises and stock. The business has a good website built on WordPress, which could benefit from adding e-commerce to allow people to buy directly from the site.

The business has sales of around £115,000 for the year ending July 2021, with a gross profit of over £47,000. There are numerous business growth opportunities, including working alongside hotels to provide bedroom furniture, offering discounts to landlords, and increasing marketing efforts. The business is also underutilising social media, and there is an opportunity to refurbish the shop and extend the current opening hours.

The business operates on a leasehold lockup shop, and the seller currently holds over their 12-year lease. The current rent is £1,029.66 per quarter, and the landlord is open to a new lease with the purchaser negotiating the ongoing terms.

An excellent opportunity for an entrepreneur or someone looking to get into business for themselves for the first time to acquire a well-established business with strong local brand recognition, excellent customer service, and significant potential for growth. Enquire now for further details.

• Established for 30+ years, excellent local brand recognition.
• Good website built on WordPress with the opportunity to add e-commerce.
• Ample storage space, the possibility of converting upstairs into residential accommodation.
• Located on City Road with parking nearby, on-street parking and on a bus route.
• An opportunity to grow the business by working with hotels and landlords and increasing marketing efforts.

Offers around £55,000 +SAV | Ref: M35275V