Retail premises for sale in London, England, United Kingdom N19

Business
Please quote reference B07872

CoGoGo welcomes to the market FM Flooring & Furnishings Ltd T/A Flooring Merchant, a highly rated flooring shop in the Archway area of North London.

The business was originally established by our client over 20 years ago, building an excellent reputation and regular customer base. As seen by the online ratings and reviews, the business is well respected within the industry.

Flooring Merchant has now come to the market due to our clients desire to move on.

At Flooring Merchants, they provide a complete service that makes upgrading your home or workspace hassle-free. From choosing and measuring up to fitting, they help at every step of the process.

Flooring Merchant is your trusted choice for all your flooring needs. Their ranges is always expanding to help fulfil customer’s requirements.

Current flooring options include -

• Carpets


• Wood


• Vinyl


• Laminate


• Luxury Vinyl


• Tiling


• Rugs


• Underlay

Key selling points -

• Well established


• Good reputation


• Handover offered


• Scope for expansion

Scope for further growth -

• Increase advertising and marketing


• Expand trading hours


• Introduce an online shop/e-commerce section on their website

Location
Flooring Merchant is located on Holloway Road in North London.

Due to its location and position on the high street, its regular seen by passing trade and receives high levels of footfall.

Premises
Ground floor -

• Showroom


• Open place space


• Storage and WC to the rear

Tenure
We are advised that the business is being sold on a leasehold basis, currently on a 10 year lease. The rent is £1,300 per month.

Hours
The current trading hours are -

Monday - 10:00am - 2:30pm

Tuesday to Thursday - 10:30am - 6:00pm

Friday - 10:30am - 2:30pm

Saturday - 10:00am - 5:00pm

Sunday - Closed

Staff
We are advised that the business has 11 members of staff.

Financial Profile
We are advised that the business generates a turnover in the region of £420,000. Further financials can be made available upon request.