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HOME FURNITURE & ACCESSORIES

Attn: Andrew Hudson
'Cambridgeshire', United Kingdom, GB
Listing Number: "IK165"
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Asking Price: $175000 GBP United Kingdom Pounds
Business for Sale Industry: Retail: Home Furniture & Furnishings  
Reason for Selling: vendor’s wish to follow other areas of interest
Yearly Revenues: $650,000
 

Business for Sale Overview:

This award winning business was founded in 2000 by the Vendors with a generous combination of innovative insight and entrepreneurial spirit and has grown since to become a significant enterprise supplying trade & retail customers on a daily basis with up to date styles from its in-house design unit and has developed a reputation for the quality of its products, flexibility of service and reliability. The business operates from a prime location in Cambridgeshire and has established itself as one of the region’s leading independent furniture wholesalers and popular retailers. Many current customers have been loyal to the business since the beginning and this has been due in no small part to the business’s competitive prices, product bundles, quality products, first class service and attention to detail.


Property Features and Assets:

The business is located in an easily accessible modern industrial unit in a popular business park in Cambridgeshire and operates from two properties; the first being circa 8,000 square feet area including showroom, storage and mezzanine office administration. The second being circa 3,000 square feet including office administration. The premises are in the private ownership of the vendor and available by separate negotiation.


Market Competition and Expansion:

The business has used extensive advertising through the Yellow Pages, trade magazines, local news press, trade shows, in-store promotions and brochures in the past and there are excellent opportunities to increase this and market the business more aggressively to significantly increase turnover. A high proportion of the business's revenue has also been due to its excellent reputation for quality and service and strong word of mouth recommendation. The business benefits from an attractive and comprehensive website detailing a full portfolio of products making choice ever simpler and also driving interest in its products and incentivising customer visits to the out of town showroom.


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