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Freehold Commercial and Residential Flooring Business For Sale Derbyshire

Offers in Region of
£720,000

£247.76 per sq ft

Business rates & charges may apply

SOVEREIGN BUSINESS TRANSFER, Nationwide
SIZE AVAILABLE

2,906 sq ft

270 sq m

SECTOR

Commercial property for sale

USE CLASSUse class orders: A1 Shops, B1 Business, B2 General Industrial and B8 Storage and Distribution

A1, B1, B2, B8

Key features

  • Ref:3034
  • Location: Derbyshire
  • Established: Since 1979
  • Annual Turnover (2023): £204,255
  • Gross Profit (2023): £92,544
  • EBITDA: Circa £30,000
  • Freehold Property: Originally built by the Co-operative Group

Description

Established since 1979, this reputable flooring business presents a rare opportunity for acquisition. With a rich history of serving both residential clients and prestigious organisation's including Derbyshire County Council, and the National Trust. This business has built a solid reputation in the industry.

Specialising in supplying and fitting carpets, carpet tiles, vinyls, safety flooring, and bespoke Karndean tile/plank flooring, the business offers a diverse selection from trusted brands such as Burmatex, Forbo, Gradus, JHS, and Polyflor.

Situated in an affluent village in Derbyshire, the freehold property boasts stunning architecture and is meticulously maintained. It enjoys excellent transport links, enhancing accessibility for both clients and suppliers.

Originally constructed and owned by the Co-operative Group (270.4 m2), the building presents an opportunity for versatile use. Subject to planning permissions, it could be easily converted into alternative commercial or residential purposes, offering potential for further development.

The latest set of accounts for the year ended 31st March 2023 demonstrates a robust financial performance, with an annual turnover of £204,255 and a gross profit of £92,544. The business has an EBITDA of approximately £30,000, reflecting its profitability and stability.

This is a genuine retirement sale, presenting an ideal opportunity for a new owner to take over and continue the legacy of this successful business. The current owner is willing to offer a handover period to ensure a smooth transition and transfer of expertise.

This is a unique chance to acquire a well-established flooring business with a loyal customer base and solid financial performance. Whether you're an experienced industry professional looking to expand your portfolio or an entrepreneur seeking a lucrative investment opportunity, don't miss out on this offering.

For further details or to arrange a viewing, please contact Sovereign. Serious inquiries only.

Location: Derbyshire
Established: Since 1979
Annual Turnover (2023): £204,255
Gross Profit (2023): £92,544
EBITDA: Circa £30,000
Freehold Property: Originally built by the Co-operative Group

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About SOVEREIGN BUSINESS TRANSFER, Nationwide

Sinclair House Station Road, Cheadle Hulme, Greater Manchester, SK8 5AF

SOVEREIGN BUSINESS TRANSFER, Nationwide

BUSINESS BROKERS UK

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Sovereign Business Transfer is one of the UK’s fastest growing business brokers. We are based in Greater Manchester but sell businesses throughout the UK. Our unique approach is unrivaled in the industry and we deliver business sale results for small to mid-market businesses.

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Notes

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Disclaimer - Property reference 3034. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SOVEREIGN BUSINESS TRANSFER, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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