||Employees||1 full, 2 part
* Included in Asking Price
Specialist Retailer & Manufacturer of Made to Measure Curtains and Blinds, Total Bespoke Service to the Domestic & Commercial Market
Asking Price £ 150,000
Leasehold with Freehold Option
Asking Price: £200,000 + SAV
Asking price includes:
Turnover circa £323,618 per annum
Gross Profit circa £187,947
Net profit EBITDA £96,000
Very well established business in residential area
Extensive range of pattern books
Originally set up by the vendor in 1987, this business is family run and is extremely well established as a specialist retailer and manufacturer of made to measure curtains and blinds, offering a total bespoke service to the domestic and commercial market inc. schools, banks, offices, healthcare etc.) plus a large amount of new build residential homes.
The business operates from a modern showroom and workroom offering a personalised reliable service from the first site visit to the professional fitting. As a manufacturer the products are supplied at very competitive price enhancing their local reputation.
A combination of exceptionally high standards of work, an individual and personal service as well as a first class fitting service have all combined to give many years of customer satisfaction and a growing order book.
This is a perfect opportunity for a buyer wanting to buy an established profitable business ripe for expansion or a company presently in this sector that wishes to expand its coverage in this very lucrative location.
|Facilities:||The premises comprise of a circa 1,400 sq. ft. double fronted high street shop with two separate show areas with an extensive range of pattern books and curtain displays and three large workrooms.
The property is Freehold and could be available under separate negotiation at what we are advised is the market value of approximately £400,000.
Alternatively the lease would be at an annual rent of £26,000 per annum with rates of £1,657.|
|Competition:||As just stated very little investment has been spent on marketing the company, with word of mouth reputation being the only form of advertising. The business does however have lots of books on design, material etc. plus a professional website to showcase the products and skills of the company.|
|Growth Potential:||The company would certainly benefit from an active marketing campaign. The market outlook for this business is constant, however new energy from new owners could increase the turnover and the brand name by trading on the company’s reputation.|
|Training/Support:||Training and support will be provided for a negotiated period of time to ensure a smooth transition of ownership.|
|Sale Reason:||The vendor is looking forward to semi-retirement|
Seller Reference #IO033
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