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£10,000
Nottingham, Notts, Retail tiling business established in
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Price:
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Contact:
01302 849101
Location:
Nottingham, Notts
Description:
Retail tiling business established in excess of 3 years. Low rent & rates, turnover approximately 88,000 with adjusted profit approximately 12,000. Good starter business, ideal for working owner with good potential.
DETAILS
LOCATION
This business is located in the Eastwood area of Nottingham. It has been established in the local area in excess of 3 years and the spacious premises occupies a good location within the main shopping area. Eastwood is a progressive area of Nottingham and offers an excellent range of entertainments, shopping and amenities. It is approximately 6-8 miles from Nottingham City Centre and there is a good bus route into the city. It is our opinion that this location offers an excellent starter business opportunity.
BUSINESS PREMISES
The business premises offers a lockup shop unit with a good sized retail area offering a range of wall mounted displays as well as free standing tiling displays. To the rear there is a customer counter, a WC and additional office/store room. There is access to the rear of the premises and parking to the side.
BUSINESS
The business trades as a retail tiling outlet offering a selection wall and floor tiles. Prices are comparable to the larger DIY outlets within the area with the business offering a far more personalised service. It has been established approximately 3 years and a change in circumstances forces a reluctant sale. The current owner has built the retail turnover to approximately 88,000 with adjusted profits of approximately 12,000. It is our opinion that this business is an ideal starter business and offers excellent potential. Gross profit margins can easily be increased if larger quantities of products are brought in at one time. In addition we are informed that there are many requests for home visits and this leads to quotations for tiling job in total from supplying and insulation. Please note that the above figures include only the retail sales as the current owner is not in the position to carry out any installations.
HOURS
6 days per week.
STAFF
The business is currently operated by one working owner.
RENT
We are informed that the current rent is approximately 5,250,00 pa.
RATES
We are informed that the current rates are approximately 750.00 pa including small business relief. However any potential purchaser should contact the local authority to establish the current rateable value and charges.
STOCK
The current stock value is approximately 1,000.
Property Type:
Retail Property for Sale
For sale by:
Agent/Broker
Phone:
01302 849101
Posted:
Contact:
01302 849101
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More About this Listing: Nottingham, Notts, Retail tiling business established in
Nottingham, Notts, Retail tiling business established in is a Retail Property for Sales for Sale in Nottingham NTT. Find other listings like Nottingham, Notts, Retail tiling business established in by searching Oodle Marketplace for Retail Property for Sales for Sale in Nottingham NTT.
Nottingham, Notts, Retail tiling business established in is a Retail Property for Sales for Sale in Nottingham NTT. Find other listings like Nottingham, Notts, Retail tiling business established in by searching Oodle Marketplace for Retail Property for Sales for Sale in Nottingham NTT.