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Business For Sale

Contemporary Lifestyle Furniture and Gifts-£95000

Derbyshire, United Kingdom, GB

Retail: Home Furniture & Furnishings

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$154,628
$325,534
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1999
6
81314382

Business for Sale Overview:

Turner Butler is delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before. This business retails a beautiful range of modern contemporary furniture, lighting and accessories to enhance home and office. This exciting business offering has traded since 1999 and became incorporated in 2007. Its Principal has brought great flair and innovation to the company and its shop premises are extremely well located, and have great impact from both the exterior and the interior, and will appeal to a wide audience of potential purchasers both private and commercial, looking for a business that is essentially different from the norm. The business has carved out a somewhat unique niche for itself, and its ever growing customer base return regularly to source that very special and unique piece of furniture’s or gifts, which are individual, diverse and mostly statement pieces. The company has excellent client retention and built goodwill that is second to none. The shop, as previously mentioned, is very well located in a busy and picturesque pedestrian shopping area of cafes, boutiques and quality independent shops in the heart of this bustling city . Its showrooms are laid out over two floors and the products and pieces within would be very hard to find or source elsewhere, being an eclectic mix of the modern items so desirable in today’s interior designs which, in turn provides its customers both existing and new with a tableau of interesting and unique items which change every visit.

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 very attractive leasehold shop premises are located in, as previously mentioned, a key position in the center of this large city in a busy and picturesque pedestrian shopping area of cafes, boutiques and quality independent shops. The lease runs for 15 years from September ’08 with a 4 year break. The premises are connected to all main utilities apart from Gas and are laid out over three floors. The ground and first floor are utilized as showrooms with the third floor being used as Stockroom/ Staffroom and toilets. Annual rent comes in at circa £ 27,500 per annum, with annual rates coming in at circa £6,850.

Market Competition and Expansion:

The company has periodically advertised in local Newspapers and Magazines.

Reason for Selling:

reluctant sale is a result of genuine health issue

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.
 

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