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Business For Sale

Retailer of Bedroom- £195,000 including Stock

South East London, United Kingdom, GB

Retail: Home Furniture & Furnishings

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$309,359
$555,155
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1984
0
583114382

Business for Sale Overview:

This business was founded in 1984 by the Vendor and has grown since to become a significant retailer of high end bedroom and dining room furniture with a reputation for the quality of its products, flexibility of service and reliability. The business operates from a prime location in South East London and has established itself as one of the region’s leading independent furniture retailers. Many current customers have been loyal to the business since the very beginning and this has been due in no small part to the business’s competitive prices, quality products, first class service and attention to detail. The business has always believed in the pursuit of excellence, installing new technology, constantly reviewing and updating its service commitment and its methods of business, ensuring that valued customers receive the very best service and quality of product. The business has shown itself to be resilient in the face of competitive and economic forces and has maintained strong and incremental growth over its 25 years of trading. The business is further supported by exemplary relations with key suppliers who have helped to ensure that whatever the product, service and availability is never compromised and that customers are as a result never let down. This commitment to supply chain relationships has underpinned this business’s abilities in product quality and sustained business growth. A key component has been customer service. Understanding this has meant that the business has prioritised this area whilst always maintaining a high quality showroom for its range of products.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The business is located in an easily accessible area in South East London and operates from a circa 4,000 square foot area set over two floors including showroom, facilities, storage and administrative offices. The premises are superbly appointed and represent the professional qualities and service the company has built its reputation upon.

Market Competition and Expansion:

The business has used limited advertising 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 been due to its excellent reputation for quality and service and strong word of mouth recommendation.

Reason for Selling:

vendors’ wish to follow other areas of interest.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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