Business for Sale in HONITON, Devon FURNITURE & FLOORING RETAILER

Key Information

Reference

M35943N

Tenure

Leasehold

Status

For Sale

Region

Devon

Sector

Furniture Shops

Annual Sales

£752,410.00 Exc. VAT

Accommodation

No

Business Information

Famous destination FURNITURE & FLOORING RETAILER, renowned for Beds & Sofas & Chairs from quality British manufacturers. Occupying highly visible High Street trading position within the popular EAST DEVON town of HONITON, being easily accessible, benefiting from its own large private customer car park with additional customer entrance, considered most valuable.

Contained within very deceptive well maintained 2 storey showroom premises, approximately 4,600 square feet, which is in addition to the rear enclosed car park area. Providing several showroom/display areas, offering some of the largest chair/recliner displays in the South West. Also providing office, cloakroom, and storage facilities to include a useful container.

Long established highly profitable business, formed in 1969, only 2 owners since this time, under current ownership last 35 years, and who are now looking to retire. Commanding a reputation second to none, serving a customer base within a 25 mile radius, enjoying regular repeat trade. Sales 2023 £752,410 ex Vat, Gross Profit £291,492, substantial 6 figure adjusted Net Profits ensuring a comfortable living.

Leasehold £95,000 sav Ref: M35943N