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Business for sale in United Kingdom - Ik140-manufacture & sales of window blinds & curtains-west yorkshire

Asking Price:

55,000 £

Real Estate:

Lease

Sales Revenue:

100,000 £

Net Profit:

0 £

Year Established:

2002

Employees:

1PT

# of family members employed:

Not Disclosed

Location criteria:

United Kingdom/West Yorkshire/Abbotts Ann

Business types:

Retail

Business categories:

Clothing & Accessory Stores

Business description

the current partners set up this well established profitable business in 2002, after in excess of twenty five years experience in the curtain industry.

the business has grown and now has a large database of circa 2,500 customers, many of which are repeat customers. The business has gained approved supplier status for one of the local councils, until 2014, and are on the approved list with a second. In addition to this the business is pre-registered with nine other councils in the region to supply and repair all blinds and curtains.

the products manufactured are mid-market blinds, curtains and accessories. The materials used are excellent quality and are supplied at competitive prices. Safety has become a major issue within the industry and the company have been quick to acknowledge the importance of supplying non-flamable materials and approved safety cords for use in their blinds

customers are warmly welcomed into the showroom to choose from the vast selection of materials and if required can receive a free, no obligation visit to their home. This company prides itself on its personal and excellent service.

growth and expansion

the company is on a sound footing having survived the recession. However for the company to progress onto the next level it needs to expand over the next couple of years.

currently the work premises are starting to be stretched because they need extra space to be able to manufacture their own vertical blinds. At present 80% of the vertical blinds produced are contracted out, thus losing on profit margin. The company are intending to move into larger premises within the near future

already on the preferred supplier list for two local councils, they have pre-registered with nine other councils and with more time, or a dedicated sales person, these accounts could be developed.

a new owner with fresh ideas and enthusiasm could build upon the solid foundations already in place and take the business forward to its next level.

an increase in gaining further work would require expansion and a move to larger premises. A shortage of capital, at present, is restricting the growth of the company.

any new investor would be able to reap immediate rewards of turnover growth and profit by simply funding an expansion plan.

Additional information

Additional information:	Not Disclosed
Support & training:	Both partners would be happy to assist the new owner to ensure a smooth handover of the business.
Reasons for selling:	The two partners would like to pursue other interests.
Financing available:	Not Disclosed
Inventory / Stock value:	Not Disclosed

Real Estate

Ownership:	no
Lease:	yes
Lease terms:	The lease runs until 2011 and is currently circa £4,230 per anumm with rates of circa £513 per anumm (this is after local small business relief ) The company are actively looking for larger premises so they can expand the business.
Location:	The business is operated from a retail unit located on a business park that is situated on a main trunk road with excellent links to both a motorway network and to city centre locations. The unit is circa 600 sq.ft on the ground floor, which is used mainly as a showroom and office.There is an upstairs mezzanine floor of circa 400sq.ft. which is used for storage and occasional manufacturing. There is ample free parking outside and a 24hr security guard patrols the retail park. Steel shutters on the main showroom window secures the business at night. The lease runs until 2011 and is currently circa £4,230 per anumm with rates of circa £513 per anumm (this is after local small business relief ) The company are actively looking for larger premises so they can expand the business.