Reason for Selling:

The vendors are wishing to retire.

Overview of the Business:

This business set up by the vendors back in 1991 has established itself as a leading independent retailer of beds and mattresses in the North Cheshire/South Manchester/Derbyshire areas and can boast one of the largest showrooms in the region. The site is easily accessible and has two floors of spacious showrooms with extensive displays of over one hundred famous name beds, mattresses and bedsteads - many at half price or less. In addition to this the business has a well stocked warehouse, and enjoys excellent supplier relationships with all its leading manufacturers to ensure immediate availability. The full range of products include: Pocketed Spring Beds. Latex & Hypo Allergenic Beds. Orthopaedic Beds. Electric Adjustable Beds. Storage & Non Storage Divans. Pine Bunks & Bedsteads. Cast Iron & Metal Bedsteads. Guest Beds & Space savers. Odd Mattresses - All Sizes. Headboards, Pillows & Mattress Protectors As an independent retailer, the business sources ranges of stylish beds from many leading manufacturers, as well as lesser known but great value brands, ensuring that customers are offered a real choice, while protecting margins and the Company’s profitability. Exclusivity agreements are in place with a number of suppliers, and the brands on display include Silentnight, Sealy, Sleepeezee, Rest Assured, Myers, Millbrook, Dunlopillo, Health Beds and Airsprung.

Property Features and Assets:

The business is situated within large freehold premises on a busy road close to the town center. It is a two storey building and has excellent shop frontage and good signage. Ground floor comprises large showroom with customer toilets, kitchen, office and warehouse, with a mezzanine for storage. First floor has further showroom with a small store. Outside there is a secure yard that allows parking for several cars. There is plenty of free parking in and around the surrounding roads. Total square footage is circa 8,000 square feet inc yard. Freehold is circa £475,000. Freehold is included in the asking price. The vendor MAY consider setting up a suitable lease should a new owner not wish to purchase the building. Rates are circa £11,000 per annum.

Market Competition and Expansion:

A high proportion of the business's revenue has been due to its excellent reputation for quality and service, and strong word of mouth recommendation The business still advertises regularly in local newspapers, on local radio and on two local double-docker full bus backs, but as stated earlier, there are excellent opportunities to increase this activity and utilize the very large customer database more effectively. The development of a more interactive internet presence, would enable the business to be marketed more aggressively, and tap into the lucrative online market.

Additional Details: