Financial Details
Asking price: £120,000
Sales revenue: £220,000
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed

  • Photograph of this business for sale

Business Description
Advent Business Sales is pleased to offer to the market this flat pack furniture wholesaler, which, although only been trading for the last 3 years, is very well established.

The current vendor started the business and has nurtured it to success but due to other business interests, is reluctantly selling.

The business comprises mainly of selling catalogue returns stock from Argos and Tesco. There is also some manufacturers overstocks.

Naturally, buy in price is low and a very food premium can be charged to the retail outlets who buy from him.

The retail can sell at a low price thus making available to the public, affordable flat pack furniture which will sell well during this period of recession.

Although the business buys in from only one manufacturer at present, 3 –4 other suppliers have voiced their willingness to also supply.

This is a highly profitable business base awaiting a further hungry and motivated owner to increase the sales; business is at the moment being turned away.

REF 8887S
General Information
Trading hours:Mon-Fri: 7.30am – 4.30pm
Property:Leasehold
Lease terms:TENURE: Leasehold Original lease: ongoing – 3 month notice Remaining lease: ongoing Review every: ongoing Rent: £851 x 2 units per month We are advised that the annual business rates are currently: £4,500 x 2 units per annum
Location:Our client is conveniently located in South Yorkshire, on an industrial estate only a short distance from Junction 34 on the M1 motorway.

It’s positioning gives it easy access to both the M62 and M18, as well as links to the South to the M42 and M5; it is therefore ideally positioned for both client collection and delivery.
Expansion potential:All the growth that has achieved so much in such a very short time, has come from word of mouth and recommendation, with expansion in mind, employing someone on sales could easily double the turnover. As I have pointed out before, this is a business which will be able to grow more than most in a time of depression, due to the extreme low cost for its products.
Financing available:Please let us know if you require finance for the purchase of a business.
Related documents:PDF document iconSales Particulars

Advert Options