Description
Established & Popular Homeware Business
- North Yorkshire
Alan J Picken are delighted to offer this Established & Popular Homeware Business onto the market.
The business was established 30 years ago and is now offered for sale due to our client wishing to take a well-deserved retirement after many happy years in the business.
The business occupies a prime trading position in the heart of Ripon and over the years it has established an excellent reputation in the trade attracting a local and loyal client base as well as customers from further afield.
Currently trading 7 days a week, it sells a range of homeware, furniture and gifts with majority of companies offering exclusivity in Ripon. There’s scope to take advantage of the prime position and excellent premises, in fact this could be an ideal bed centre for Ripon as there is certainly the appetite for this and the third floor is vacant at present with a large area that can be utilized.
There’s also scope for online sales via a website and social media with pushing the businesses online presence on Instagram and Facebook to increase sales and maximize profits.
Turnover £295,972 on year-end 2024 accounts.
37% Gross Profit.
Adjusted Net Profit in excess of £75,000.
We trust this will prove a resoundingly successful acquisition, especially for a dedicated owner proprietor to continue to exploit the full potential and derive maximum profits.
Business £99,950 + SAV
Leasehold.
Ripon, North Yorkshire.
Reference. W10662
Property Features
